Property Details: • Type: New House & Land
• Bedrooms: 5 • Bathrooms: 5
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 theÃÂ $19.041 billion Cross River RailÃÂ project and theÃÂ $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.Summary: Land: 420m2 TBC REGISTRATION AUGUST 26 Price: $695,000 (includes all fixed site costs) Co - Living home: 200m2 approx Build: $605,761 TWO CONTRACTS PRICE: $1.300,761 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 8.32% GROSS INCOME RETURN ESTIMATED $2080 GROSS RENTAL PER WEEK FULL TURN KEY BUILDING CONTRACT OPTIONAL FURNITURE PACK AVAILABLE - PLEASE REQUEST DETAILS 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: $1.300,761 Kaye Tilley 0418 823 046
