Spectacular yield rooming house

Welcome to 14 Waruda Street, Bracken Ridge

We are pleased to offer this rare freestanding Rooming accommodation house in the highly sought after location of Bracken Ridge.
High yield assets like these rarely come to market. Come to the next open home and see why Rooming Houses like these are so popular.
With rental income to exceed $100,000 per annum, this asset will be highly sought after.

Rooming houses consist of 5 separate suites and the house is approved and certified for 5 separate leases to individuals.
Single bedroom rentals are the fastest growing and highest performing residential niche.

This home is spacious, attractive, and expansive being 335sqm of home under roof. The grounds sit on 599sqm on a generous high set corner block in the quiet tree lined streets of Bracken Ridge. With easy access to economic centres, retail centres, public transport, park lands, schools and sports grounds this location is ideal to attract consistent tenancy of a high calibre. Solidly built from brick and concrete with hardwood framed timber internal walls this home will stand the test of time.

Durable and attractive finishes inside are brand new for a contemporary feel designed to optimise rental yield and tenant retention. Enjoy a lifetime of easy cash flow from this very solidly set up rooming house.

First open home
9AM Saturday 9th September

All 5 rooms professionally property managed.
To be leased prior to settlement.

Address:
– 14 Waruda Street, Bracken Ridge

The Property:
– Extensively renovated, extremely well presented investment property in the popular location of Bracken Ridge.

Total Rental:
– conservatively $1,895 per week, $99,015 per annum approximately

Building Area:
– 599sqm land size
– Double storey house approx. 335sqm

For a copy of the Information Memorandum please make a web or email inquiry.
Open homes and private viewings.
Harry Imam, 0403 180 092, harry@hugoalexander.com.au