Lot Mitchelton, Brisbane QLD

This property shows an example lot & location. Due to high demand, lots are sourced for each client. To learn more and discuss the process, please submit a property enquiry.

Rooming House Properties

Single-person households are on the rise, accounting for a significant 25% of all households in Australia. This trend shows no signs of slowing down, and experts project a continued growth in single-person households, reaching an estimated 3 to 3.5 million over the next two decades. This surge underscores the increasing demand for housing options tailored to individual occupants.

Rooming house properties represent a form of shared accommodation, offering private bedrooms with ensuite bathrooms, and often including living and kitchenette facilities akin to a compact, one-bedroom unit or apartment. These properties appeal to tenants seeking affordable, adaptable, and hassle-free living arrangements that align with their lifestyles and requirements.

Many rooming houses are strategically situated in suburban areas, providing proximity to transportation, shopping centers, restaurants, cafes, and community hubs—making them an enticing choice for tenants.

Typical rooming house tenants encompass young professionals, students, digital nomads, entrepreneurs, creatives, and seniors who priorities convenience, connectivity, and collaboration.

For investors, rooming house properties offer a compelling value proposition. They present a high-yield, low-risk, and forward-looking investment opportunity. Rooming house properties consistently maintain higher occupancy rates, lower vacancy rates, and reduced turnover compared to traditional rentals. This aligns with the burgeoning demand for affordable and flexible housing solutions in urban settings.

Additionally, rooming house properties often boast higher capital growth potential, given their prime locations with access to transportation, education, employment, and entertainment hubs.

Why are rooming houses so attractive to investors?

– High Demand, rooms are in high demand, ensuring quick occupancy.

– Higher yields, often double compared to the suburb average.

– Diverse young professionals and older singles generally seek this accommodation category.

– Tax depreciation benefits from fixtures and fittings.

– Income security, with income flow even when one tenant moves out.

To view a digital walkthrough of one of our rooming houses please click here: https://my.matterport.com/show/?m=72karFTQtmR

LOCATION HIGHLIGHTS 

400m to Oxford Park train station. 1.6km to Brookside Shopping Centre. 1.4km to Restaurant and Café precinct .

Fixed Price Inclusion List 

4 x colour selection options 

6-year structural guarantee 

1 year material and workmanship from practical completion 

120m2 of landscaping and 60 lineal meters of fencing included  

Concrete to driveway, crossover, car parking, patios, clothesline pads and paths (where applicable) 

High-density wall insulation to internal perimeter walls of each studio to assist with acoustic transmission 

Flush panel solid core door as entry to each studio  

Block out roller blinds to all openable windows (excluding the bathrooms) 

Block out vertical blinds to all sliding glass doors  

Barrier safety screens to all openable windows and sliding glass doors  

Sliding mirror finish with an aluminium frame to wardrobes (including 4 x melamine bank of shelves and 2 x overhead melamine shelves with a single rail) 

Smoke detectors hard-wired with battery backup to comply with current legislation 

1 x reverse cycle split system air-conditioner to each studio  

WELS rated chrome plated brass mixers throughout and ABS shower heads on chrome-plated rails  

2 x ceiling fans in each studio (one to the bedroom, one to the living room) 

1 x ceiling fan in the common area 

2 x 250L electric hot water system 

6 x digital door locks  

LED lights throughout  

Vitreous China toilet suites in each bathroom  

13kw photovoltaic solar system 

Tiled shower niche for all showers  

Vanity units in each bathroom 

2 x clotheslines 

3-coat paint system 

Letterbox 

Optional Furniture Package 

$28,000 fully installed and tenant-ready 

5 x 40 inch LED Smart TVs  

5 x 223 Fridge / Freezer  

2 x top-load washing machines  

5 x studios of bedroom and living area furniture  

1 x common area furniture, finishings, and cleaning appliances 

All appliances, cooking, crockery, and cutlery