High-Yield Investment Opportunity in a Prime Gold Coast Location
Positioned in a highly accessible and high-demand rental corridor, this property presents a rare opportunity to secure a strong cash-flow investment with multiple income streams in the heart of Narang.
Configured for co-living and multi-room rental, the property is ideally suited to investors seeking immediate returns with further upside potential.
Property Overview
5 Bedrooms | 3 Bathrooms | Multi-Room Configuration
Currently set up to accommodate up to 7 rentable rooms, this versatile property allows for a room-by-room rental strategy, maximizing yield and flexibility.
Proven Existing Rental Income
The property is currently generating approximately $860 per week from three tenants, demonstrating strong and consistent rental demand.
Current Rental Breakdown:
• Room 1 – $250/week
• Room 2 – $250/week
• Studio-style room (private bathroom & kitchen) – $360/week
Additional rooms are available to further increase income.
Estimated Rental Potential
• Up to 7 rentable rooms
• Estimated rental return: $250 – $300 per room/week
• Significant scope to increase overall yield
Estimated Annual Expenses
(Based on historical records)
• Electricity: ~$2,190
• Water: ~$2,995
• Council Rates: ~$2,114
Why This Property Stands Out
• Multiple income streams from a single asset
• Existing rental income already established
• Strong cash-flow investment potential
• Flexible layout ideal for co-living or room-by-room leasing
• Opportunity to further increase returns
• Consistently high tenant demand in the area
Location Highlights
• Close to Griffith University Gold Coast Campus
• Minutes to Narang Train Station
• Easy access to the M1 for Brisbane and Gold Coast connectivity
• Short drive to Surfers Paradise and world-class beaches
This is a rare opportunity to secure a high-performing investment in one of the Gold Coast’s most accessible and growth-oriented locations.
For further information or to arrange a private inspection, please contact:
Frank Kasikci – Harcourts
Added 12 January, 2026
Property ID: #R2-4846419
