Premium rooming house - $1905/wk rental

Welcome to 15 Mannington Road, Acacia Ridge

Harry Imam and Hugo Alexander Property Group are pleased to offer this rare freestanding Rooming accommodation house in the highly sought after location of Acacia Ridge. High yield brand new assets like these rarely come to market. Come to the next open home and see why Rooming Houses like these are so popular.
Single adults account for 28% of our population and this niche is the fastest growing rental sector.
Contemporary newly built rooming houses are comfortable, spacious, attractive spaces to live that are offered to tenants fully furnished with bills included to maximize rental yield. Each suite has its own ensuite, kitchenette, air conditioning, balcony or courtyard and electronically locked.
With yields approximately three fold a standard rental house, this offering will be attractive to astute investors looking for strong cash flow and excellent capital growth.

All 5 rooms furnished and professionally property managed.

Address:
– 15 Mannington Rd, Acacia Ridge

The Property:
– Brand new, fully furnished, extremely well presented investment property in the popular location of Acacia Ridge.

Total Rental:
– $1905 per week, $99,536 per annum approximately
Potential Rental:
upon renewals of leases – $2000 – $2050 per week

Building Area:
– corner lot site
– Building area 246sqm

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