Description

Positioned in the established and well-connected suburb of Boondall, this architecturally designed rooming house package presents a compelling opportunity for investors seeking strong cash flow, modern compliance and long-term growth fundamentals. Delivering an estimated $117,045 per annum in rental income (based on 51 weeks) and an attractive 8.1% return, this turnkey investment has been structured to maximise yield while maintaining quality, durability and tenant appeal.

Designed under the Rowley plan, the residence spans approximately 183m² on a 450m² allotment, offering five self-contained studio-style rooms plus common living areas. Each studio has been thoughtfully configured to provide privacy, functionality and comfort - an important driver for tenant retention in co-living environments. With rental appraisals at $455 per studio per week, the combined weekly income reaches $2,295 across the property.

Built by a specialist rooming house builder, this package is tailored to meet Class 1B requirements, ensuring compliance with Queensland regulations while optimising operational efficiency. The builder utilises Truecore® steel framing and trusses backed by a 50-year structural warranty, delivering long-term structural integrity and peace of mind for investors.

Each studio includes:

Reverse-cycle split system air conditioning

Two ceiling fans (bedroom and living)

Digital door locks with BLE and Wi-Fi capability

Solid core entry doors

Built-in wardrobes with sliding mirror finish

Quality Dulux 3-coat paint system

High-density acoustic wall insulation

Tiled shower niches and contemporary fittings

The property also incorporates emergency lighting and hard-wired smoke detection systems in line with current legislation, supporting safety compliance and long-term viability as a rooming accommodation investment.

The shared common area has been designed to foster comfortable communal living, enhancing tenant satisfaction and reducing vacancy risk. A 13kW photovoltaic solar system is included, contributing towards operational efficiency and future-focused sustainability.

Externally, the home is delivered fully turnkey, including:

Concrete driveway and pathways

Landscaping allowance (120m²)

60 lineal metres of fencing

Block-out roller blinds and vertical blinds

Barrier safety screens to openable windows and sliding doors

For investors seeking a seamless leasing transition, an optional fully installed furniture package is available, providing studio furniture, appliances, common area furnishings and household essentials - allowing the property to be tenant-ready upon completion.

Location underpins the long-term strength of this asset. Boondall continues to benefit from strong connectivity and lifestyle infrastructure, including proximity to public transport, Westfield Chermside, and convenient access to the Brisbane CBD. The suburb's steady demand for affordable accommodation supports the rooming house model, particularly among students, professionals and key workers seeking quality co-living options close to employment hubs.

From an investment strategy perspective, this opportunity is well suited to:

SMSF investors seeking higher-yield residential assets

Portfolio investors diversifying into co-living

Buyers prioritising cash flow with growth fundamentals

Investors aiming to leverage Brisbane's ongoing population growth

The package is structured as a one-part contract suitable for Self-Managed Super Funds, providing a streamlined pathway for investors looking to deploy superannuation capital into residential property.

With a fixed price inclusion list, defined rental projections, and a specialist builder experienced in high-yield developments, this opportunity combines clarity, compliance and performance potential.

For investors focused on income-driven property strategies, this Boondall rooming house presents a well-balanced blend of yield, quality construction and metropolitan accessibility.