New High yeild Rooming House

Harry Imam and Hugo Alexander Property Group are pleased to offer these rare freestanding buildings in the highly sought after location of Sunnybank.

Expression of Interest Campaign closing: 4PM Wednesday 7th December 2022.
All offers must be submitted in writing by the closing date for consideration.
Special consideration will be made for unconditional cash offers.

$105,000 Rental income
$92,000 nett income + $26,749 tax depreciation. Approximately $117,000 nett income per annum.
($513,000 tax depreciation over 40 years)

Currently fully leased and professionally managed by Hugo Alexander Property Group.

Balance of builders warranty. Attractive depreciation on fully furnished property.

Address:
– 260 Beenleigh Road, Sunnybank

The Property:
– Brand new, extremely well presented investment properties in the popular location of Sunnybank.

Total Rental:
– 5 suites available for lease and managed by Hugo Alexander Property Management

Building Area:
– 483sqm allotment sizes
– Building area 304sqm

Property Overview:
– Local Government Area – Brisbane City Council
– Real Property Description – Lot 2 SP 312851
– Zoning – Low Density Residential
– Site area – 483sqm
– Building area – 304sqm
– Property description – Fully serviced and furnished Rooming suites x 5

262 Beenleigh Road, Sunnybank:
– 4 X 34sqm units
– 1 X 48sqm unit
– 2 x 17.6sqm garages + 4 car parks
– Shared courtyard
– 15kw Solar System
– Air conditioning and ceiling fans in each room
– Kitchenette and enuite and balcony / patio in each room
– Common kitchen, laundry and living space
– Neighboring council park reserve

Property Features:
– One of Brisbane’s best designed, highest quality Rooming
Accommodation Buildings
– Ultra-modern Rooming Accommodation Design
– 5 x separately leased large Studio type Suites
– Certified and Compliant as a Class 1b Rooming Accommodation
– High quality, durable construction, stylish furnishings
– Extra wide rooms – total house width is 8.250m (upper rooms are 4m
wide x 8.5m long)
– Management offered by experienced Rooming Accommodation manager (Hugo
Alexander Property)
– Rare opportunity – Typically such lease opportunities are tightly held,
and rarely become available.
– Extremely low vacancy rates due to convenience for renters. One rent
covers all – furnishings, utilities and internet

Building Specifications:
– Concrete Slab – NuPod system (not waffle pods)
– Frame – Termite Resistant timber
– Cladding – James Hardie
– Insulation – Acoustic and thermal in all walls and flooring
– Rooms – Blueboard and 13mm Soundcheck for noise insulation
– Upper floors – extra insulation padding under flooring
– Furnishings – Each room – Queen Bed, Retro Style Lounge, Extra large 50mm TV, stainless tall fridge, microwave, kettle, toaster, dining table, coffee table, rugs, plants, clock, dinner sets, glassware, cutlery, etc.
– Shared kitchen, laundry, dining
– Fire management system – Smoke alarms, emergency lighting, Fire
and Safety escape mapping on all doors, fire extinguishers, fire
blankets.
– Colorbond roof
– Colorbond fencing
– Extra large parking area – salt & pepper exposed agg. Concrete

Location:
– Minutes walk from Gaddes and Beryl Roberts council parklands and sports grounds
– Proximity to Sunnybank railway station, Sunnybank State School,
– Proximity to high residential catchment area
– Ample public transport near by

Expression of Interest Campaign closing: Please submit your most competitive offer in writing for the vendor’s consideration

For more information or to book a private inspection please call Harry Imam on 0403 180 092.