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Description: High-Yield Rooming House Investments Across Brisbane
Purpose-built rooming house opportunities are now available across Brisbane's established growth corridors, supported by extremely tight rental conditions, vacancy rates of around 0.8%-0.9%, strong population growth and sustained employment demand. Combined with major infrastructure investment, including the $19.041 billion Cross River Rail project and the $7.1 billion Brisbane 2032 Games Venue Infrastructure Program, these opportunities are well positioned to benefit from both immediate rental demand and long-term capital growth.Co - Living home: 200m2 approx Build: $611,900
TWO CONTRACTS PRICE: $1.460,900
Bedrooms: 5 executive suites including bedroom & ensuite, living,
Share balance of house including large kitchen/living/ laundry and garage etc
Each suite is a totally private and lockable area
RENTAL ESTIMATE: up to 8.19% GROSS INCOME RETURN ESTIMATED $2200 to $2300 GROSS RENTAL PER WEEK
REGISTERED LAND - FULL TURN KEY BUILDING CONTRACT
TO PURCHASE:
TWO CONTRACTS - this property is subject to availability
Land Contract plus HIA Building Contract
Land registration? - land settles in 30 days after finance approval or 14 days after title is registered
Finance approval in 21 days from date of land contract
EOI required with initial deposit (to be advised but usually $1000)
Buyers need to be prepared to have an ID/DD check undertaken at EOI stage due to the new laws for Money Laundering and Fraudulent dealings
Properties for sale are subject to being available at time of enquiry!
FOR SALE: $1.460,900
Kaye Tilley 0418 823 046
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