Real Estate Australia

8.41% Gross Return - $2,430 Per Week - Brand New 5 Studio Rooming House - Prime Cleveland Location
$1,474,036

Property Location: CLEVELAND - REDLAND - QLD

Listing Id: 21011027  

Details	Bedrooms: 5    Bathrooms: 5
Land	Size: 405 Square Mtr Approx
Description: High-Yield Coastal Brisbane Investment Opportunities delivering over 8% gross return in blue-chip bayside suburbs are rare. This purpose-built 5-studio rooming house in Cleveland combines premium location fundamentals with serious cash flow performance - projected at $2,430 per week ($123,930 annually) and an estimated 8.41% gross return. Purpose-built. Class 1B compliant. Designed for income. Investment Snapshot - Projected Rent Entire Property: $2,430 per week - Rent Per Studio: $480 per week - Annual Income: $123,930 - Package Price: $1,474,036 - Estimated Gross Return: 8.41% - Build Size: 200m² - Land Size: 405m² Based on 51-week rental period. Purpose-Built 5 Studio Configuration - Plan: Moreton Designed specifically to maximise rental yield while maintaining strong tenant appeal. Each studio includes: - Private bedroom - Private bathroom - Dedicated living space - Reverse cycle split system air-conditioning - Digital door locks with BLE & WiFi capability - High-density acoustic insulation between studios - Built-in storage Common areas include shared kitchen and laundry facilities, designed for ease of management and long-term durability. This is not a converted dwelling. It is an engineered investment product built for performance. Premium Turnkey Inclusions Built with long-term holding in mind. - Truecore® steel frame & trusses backed by BlueScope 50-year structural warranty - 13kW photovoltaic solar system - Solid core flush panel studio entry doors - Emergency lighting & smoke systems compliant with Class 1B legislation - 120m² landscaping & 60 lineal metres of fencing - Concrete driveway, crossover and parking - Fixed price contract - 1-year material & workmanship guarantee Optional fully installed furniture package available for immediate tenant-ready delivery, including TVs, fridges, washing machines, full studio furniture, appliances and kitchenware. Prime Cleveland Fundamentals - 4-minute drive to Cleveland Train Station - Near Cleveland Central Shopping Precinct - 2 minutes to Redland Hospital - Established bayside suburb within Brisbane metro Cleveland offers a rare combination of: - Coastal lifestyle appeal - Strong local employment hubs - Hospital and medical precinct demand - Tight rental vacancy Rooming houses in established bayside suburbs are tightly held assets due to limited compliant supply and increasing demand for affordable accommodation close to transport and employment. Why This Asset Makes Strategic Sense - 8.41% gross return in a metro coastal suburb - Multi-income stream reduces vacancy risk - Brand new build maximises depreciation benefits - Purpose-built design reduces management complexity - High-demand medical and transport corridor - Rising construction costs restrict future supply The Bottom Line High-yield rooming houses in Cleveland are not common. Purpose-built compliant stock in bayside Brisbane is even rarer. If your strategy includes increasing portfolio cash flow without moving into regional markets, this asset deserves serious consideration. We're Brisbane's Rooming House Specialists Enquire on this advertisement for full investment pack, rental breakdown and build timeline. Or Contact Us Now For More Information Aaron Weaver on 0412828702 HOW WE CAN HELP YOU Through our trusted network of builders and land developers across South East Queensland, Asset Property Partners offers a no cost service that helps everyday Australian's make smarter property choices. Let us help you save time and money whilst taking the hassle out of building! Contact Aaron Weaver on 0412828702 or aaron@assetpropertypartners.com.au to help you find the most suitable property option for you. Disclaimer: Disclaimer: All images and descriptions are indicative and may vary from the final product. All information contained herein is gathered from sources we believe to be reliable. Intending purchasers should satisfy themselves by clarification prior to purchase. Prices stated are subject to availability. All plans are copyright in whole and in part.

8.41% Gross Return - $2,430 Per Week - Brand New 5 Studio Rooming House - Prime Cleveland Location
$1,474,036

Contact Asset Property Partners Today!!!

Contact Aaron Weaver
Phone 0412828702

Property ID:21011027
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