$1950/week Rooming house with 5 courtyards

Hugo Alexander is pleased to present this exceptional investment opportunity in Morayfield,
Purpose built to achieve strong rental income, this Rooming House is thoughtfully designed with a three phase 13KW solar system, airconditioned throughout, contemporary finishes such as caesar stone bench tops, carpet bedrooms, and hybrid flooring.
Positive cash flow assets with 100% occupancy are typically tightly held assets. Savvy investors will find incredible value in this acquisition.
This is a brand new build on its own titled lot on a quiet residential zoned lot.

15km to Northlakes
24km to Scarborough
3km to Caboolture
34km to Chermside Westfield

45 Oakey Flat Rd, Morayfield- Rooming House
Each room is beautifully presented; new, and spacious. Like a contemporary 1 bedroom unit in a lovely central location.

Rooming House demand
Brisbane population – 2,568,000
Single population – 1,093,970
Tenants per house – 5
Rooming Houses required to fill demand – 219,000
Rooming Houses completed – approximately 870
As an investor, this niche is the most highly sought by tenants and undersupplied. Owning a Rooming House means you are contributing to making Brisbane a more livable city, so tenants can enjoy dignified, comfortable and safe accomodation.
Rooming Houses help accommodate single employed adults in their own tenancy. They move singles from share houses and open up rental homes for families.

Market rent
$1950 per week head lease.
$390/week x 5 (52.25 week year)

– Steel frame high set
– Brand new with 6 years warranty
– stone bench tops throughout 6 kitchens and laundry
– tiled bathrooms
– 2 car parks in driveway
– 2 courtyards, 3 balconies
– quiet street location
– Class 1B certified rooming house
– 13kw solar system
– Approved class 1B for 5 leases to fully employed adults
– Furniture and appliances included
– 3 car spaces

Location:
Morayfield is a northern suburb in Moreton bay in an elevated position. The area is characterised by quaint low set brick and weatherboard homes on flat land lots with an increasing mix of new contemporary large family homes. Morayfield and surrounding suburbs enjoy access to waterfront restaurants at Scarborough and Redcliffe, beautiful beaches, and parklands at Bribie Island and Moreton Island. It has excellent road and rail and bus access to the city, high ways, big box retail, shopping centres, restaurants, cafes, takeaway food and sports grounds. The largest retail franchises Woolworths, Coles, Aldi are close in large shopping villages and there is an abundant offering of international cuisine making the area a very vibrant and engaging community. There are no flood or character overlays in this location of Morayfield with the strong offering of commercial retail strip and industrial employment areas neighbouring. The area is primed for exceptional capital growth.

Neighbouring suburbs:
Caboolture South, Beachmere, Burpengary, Narangba

This property is located in a central location and close to a number of shopping and food precincts.

Don’t miss out on this great investment opportunity.

Contact Harry Imam on 0403 180 092 or [email protected] for further information.