Browse Gallery

Newly Converted Rooming House/Block of Units

Rooming
5 Bed | 5 Bath | 2 Cars
 Rent: 
$102,982 per annum
 Land Size: 
698m²
18 km north of Brisbane CBD
Close to public transport
Close to shopping
Offers over $1,200,000

Request more info & Send me Properties like this

Success Icon - Realtor X Webflow Template
We have received your request..
We will get back to you within 24-48 hours.

Thanks heaps!
Oops! Something went wrong.

This property or other similar established properties can be acquired by our Inner Circle membership. This property may be available or it may have been acquired by our client. Submit an enquiry to learn more.

‍

Suitable for following Buyer Brief

Strategy Type: Buy & Hold

Investment Hold Period: Minimum 5 years

End Goal: Passive Income + Wealth Building + Tax Savings

Active or Passive Investing: Passive with minimum maintenance and ongoing involvement

Acquisition Objective: Accumulate super cashflow properties in growth areas for easy hold and get some equity to buy another one in 3 years.

‍

Location Highlights

  • Proximity to CBD and Airport: Approximately 18 km north of Brisbane's Central Business District, offering convenient access to city amenities.
  • Shopping and Entertainment: Residents have access to nearby shopping centers and entertainment options, enhancing the suburban lifestyle.
  • Education Precincts: Home to several educational institutions, including a TAFE, providing diverse learning opportunities.
  • Parks and Recreation: A leafy, family-friendly suburb with numerous parks and green spaces, promoting outdoor activities and community engagement.
  • Medical Facilities: Proximity to hospitals and healthcare services ensures residents have access to necessary medical care.
  • Restaurants and Cafes: Offers a variety of dining options, including fast food outlets, catering to diverse culinary preferences.
  • Amenities: Features excellent public transport, great access to the freeway, and is close to the airport, enhancing connectivity and convenience.
  • Public Transport: Well-serviced by public transport, including bus routes and easy access to major highways, facilitating efficient travel.
  • Vacancy Rate: Information not available.
  • Supply and Demand: The median property price for a house is currently $872,000, with annual capital growth of 14.44%. There were 197 house sales in the past 12 months, with houses spending an average of 10 days on the market. Rental yields for houses are currently 3.88%, with a median rent of $650 per week.
  • Infrastructure Spending: Ongoing developments in public transport and road infrastructure continue to enhance connectivity and livability.
  • Population Details: As of the 2016 census, Bracken Ridge had a population of 16,936 people, with a median age of 36 years, indicating a relatively young demographic.
  • Employment Hubs: Proximity to industrial areas and business centers in Brisbane's northern region provides employment opportunities for residents.

    • ‍

    Recommended Due Diligence

    Building & pest inspections, Title search, Flood, Bushfire, Easements, Soil type, Water & sewer, Stormwater, Rooming compliance, Supply Demand stats review, Vacancy rates stats review, Contract review, Tenant agreement review.

    Our Inner Circle membership includes Due Diligence, Search, Data Research, Strategy forming, and End to End Support.

    Offers over $1,200,000

    Request more info & Send me Properties like this

    Success Icon - Realtor X Webflow Template
    We have received your request.
    We will get back to you within 24-48 hours.

    Thanks Heaps!!
    Oops! Something went wrong.