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An opportunity to acquire a brand-new, purpose-built rooming house of five self-contained studios on a single title in Zillmere, approximately 16.8km north of the Brisbane CBD. Each of the five studios is genuinely self-contained, with its own bedroom, living room, bathroom and kitchenette. In addition, the property provides a communal, fully equipped kitchen and a communal laundry. The dwelling was designed and constructed from the ground up as a rooming house by Queensland's leading specialist rooming house builder — it is not a converted house.
The property is offered on a single-part contract as a completed, income-producing asset. This structure is materially important for Self-Managed Super Funds, which generally cannot borrow to construct: a completed property on one contract is one of the few ways an SMSF can access this asset class using limited recourseborrowing arrangement. Five separate studio incomes under one roof produce a diversified income stream from a single dwelling.
| Title | Price | Beds | Baths | Garages | Storeys | Living Area | Land Size |
|---|---|---|---|---|---|---|---|
| 2 | $1,691,740 | 5 | 5 | 3 | 2 | 236.00 m2 | 311 m2 |
| Land Price | Build Price | Title Status | Weekly Rent | Annual Rent | Gross Yield |
|---|---|---|---|---|---|
| N/A | N/A | Registered | $2,245 | $116,740 | 6.90% |