$1.9 million -More than 7% Gross Return in INNER CITY LOCATION

• Purpose built accommodation facility ( 5 modern self-contained rooms built to Class 1B) by very experienced developer that is now retiring
• Generates $2,580 per week ($134,160 per year), with scope for rent increases
• Very low outgoings (Rates $2,418 p.a, QUU $2,548)
• Tenants responsible for electricity (separate meters)
• Positioned only 4km* to Brisbane CBD- high rental demand and capital appreciation location
• Unlike other complexes, these rooms can be occupied by couples, providing additional tenancy appeal: higher rent, longer leases and less vacancy
• 2mins* walking proximity to Train Station and Newmarket State School
• 5mins* walk to Newmarket Shopping Centre (Coles, pub, cinemas, cafes) or Alderley Shopping Centre
• Professionally styled and furnished. Sale includes all chattels: indoor and outdoor furniture, appliances, kitchenware, and laundry facilities, etc
• High spec finishes -Split system A/C in every room; Security system with remote monitoring and security screens ; Digital locks; Each room wired for individual internet connections & electricity paid by individual tenants
• Depreciation benefits from 2025 construction
• Brisbane rental market remains chronically undersupplied
• High quality existing tenants, that are keen to say on if required

*Approximately

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