Dual Rooming Houses, Dual Titles, Exceptional Positive Returns
An outstanding investment opportunity in a premier location, these two fully tenanted rooming houses present a rare chance to secure immediate income and long-term growth just 8km from the CBD. Completed in 2019 and offered to the market for the first time, each modern freehold residence occupies its own 405sqm allotment on a separate title, providing the flexibility to purchase individually or together. Currently generating gross annual returns of $113,360 and $114,660 respectively, the properties offer a combined gross income of $228,020 per annum. Thoughtfully designed for low-maintenance management and lasting tenant appeal, each residence comprises five self-contained units, with every occupant enjoying the privacy and convenience of a kitchenette, ensuite, wardrobe and balcony or patio. Combining strong existing returns, quality construction and a prime position within 20 minutes of Brisbane city, Brisbane Airport and the bay, this is a compelling investment opportunity with exceptional income and enduring growth potential. With the appeal extending to local amenities, the Gateway Motorway is easily accessible, and public transport is readily available with bus stops 160m away and Murarrie train station within 450m. Recreation is within reach at the parkland, playgrounds, walking paths and bike tracks at Murarrie Reserve, and shopping and dining are nearby with Sonny’s Cafe 240m away, Cannon Hill Plaza within 1.5km, and Westfield Carindale 5km from your door. Each property features: - Class 1B council approved rooming house completed in 2019 - Freehold with individual title on 405sqm allotment - 5 units, each with kitchenette, ensuite, wardrobe and balcony/patio - Communal kitchen, 2-car garage parking, low-maintenance with no lift - Split system air-conditioning, ceiling fans, downlights - 15kW solar system and 3 phase power - Fully tenanted with annual rental income of $113,360 & $114,660 respectively
