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Rooming House Micro Apartments in a High Growth Area

Rooming
5 Bed | 5 Bath | 3 Cars
 Rent: 
$2,155 per week
 Land Size: 
425m²
17.6 km east of the CBD
Close to public transport
Close to shopping
Offers over $1,183,900

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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.

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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.

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Location Highlights

  • Proximity to CBD and Airport: Approximately 17.6 km east of the central business district.
  • Shopping and Entertainment: Offers a variety of retail facilities, including a shopping centre and local shops.
  • Education Precincts: Home to several schools, including a state school and private colleges.
  • Parks and Recreation: Features numerous parks covering nearly 11.7% of the area, providing ample green spaces for outdoor activities.
  • Medical Facilities: Access to nearby hospitals and medical clinics.
  • Restaurants and Cafes: Offers a selection of dining options, including cafes and restaurants.
  • Amenities: Includes community centres and various local services.
  • Public Transport: Serviced by bus routes connecting to surrounding suburbs and the city.
  • Low Vacancy Rate
  • Infrastructure Spending: Ongoing developments in public transport and community facilities.
  • Population Details: Population of 12,436, with a median age of 38 years.
  • Employment Hubs: Proximity to industrial areas and business centres.

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    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 $1,183,900

    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.