High-Yield Rooming Accommodation Investment with approx $140K Annual Returns
A premier opportunity for astute investors, this near-new turnkey investment promises high returns and low overheads in a prime position. Expertly designed for maximised income, the rooming accommodation generates $140,660 annually and boasts the potential for even stronger earnings in the current rental market. With no Body Corporate fees, a solar power system, and five fully furnished units, the property offers a hassle-free, high-yield addition to your portfolio with minimal operating costs. Each modern unit includes a private living space, kitchenette, bedroom, ensuite and courtyard/balcony. Residents also have access to a large communal kitchen, laundry and a shared yard. Four-car parking is provided by two lock-up garages and two additional car spaces, and public transport is within walking distance. With the CBD 9.8km away, this location offers excellent proximity to amenities. Westfield Carindale, Cannon Hill Kmart Plaza and Bunnings are only 5 minutes away, and Belmont Private Hospital, universities and schools are easily accessible. Presenting an exclusive opportunity to secure an optimised asset in a high-growth corridor with immediate income and future upside, this low-maintenance property is the ideal set-and-forget investment. Property highlights include: - Near-new turnkey investment property built in October 2023 - Class 1B residential zoning rooming accommodation - $140,000+ annual returns, with potential for greater rental income - No Body Corporate fees and 15kw solar system, minimising operating expenses - 5 units, each with living, kitchenette, bedroom, ensuite and courtyard/balcony - Large communal kitchen, laundry and shared yard - 2 lock-up garages and 2 additional car spaces - Prime position 9.8km from the CBD and walking distance to city bus stops - 5 minutes to Westfield Carindale and Cannon Hill Kmart Plaza Disclaimer: This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes
