Investors seeking a lucrative investment should consider this nearly completed Rooming House, offering a dual benefit of high cashflow and strong capital growth in Australia’s fastest growing capital city, Brisbane.
The Location:
• 17.2 km from Brisbane CBD in Darra
• 500m to Darra train station
• Access to both north and south bound motorways.
• 5 minute drive to Monier Village shopping mall which offers 22 stores, cinemas and restaurants.
• 0.45 km to Darra State school, 2.64km to Jamboree Heights State School, 2.71km to Oxley State School and 2.77km to Good News Lutheran School.
• Darra and its surrounding area are undergoing rapid growth and development, with infrastructure upgrades making it a prime location for real estate investment. Anticipate an upsurge in demand for properties in this thriving area, ensuring promising prospects for the future.
• The size of Darra is approximately 5.5 square kilometres. It has 13 parks covering nearly 11.3% of total area
• In general, people in Darra work in a professional occupation.
The Property:
• Land size 406m2
• Rooms are approximately 33m2 each
• Rooming House size 244.57 sqm
• 5 kitchenettes, 5 ensuites
• Class 1B construction
• 5 bedrooms, including 1 accessible room
• 5 lounge/dining areas
• 2 car parks
• High-quality finishes and appliances
• Solar included to reduce electricity cost for owner – 15 kw solar inverter with 20kw panels
For Investors
This rooming house for sale allows you to benefit from high rental yields in Australia’s fastest-growing and third-largest capital city. No need to wait for your rooming house to be built.
Enjoy the advantage of reduced outgoing costs compared to traditional unit blocks, making it an ideal option for Self Managed Super Fund investment.
Enjoy the advantage of reduced outgoing costs compared to traditional unit blocks, making it an ideal option for Self Managed Super Fund investment.
For Tenants:
Your quality tenants will get to experience an excellent choice for affordable living within a beautifully designed space.
This will help them to navigate through Brisbane’s severe rental crisis, providing a much-needed solution amidst the challenging rental landscape. Thus, making this a high social impact investment which genuinely makes a difference to people’s lives.
Expertise of the High Yield Property Group:
When you purchase a rooming house for sale through the High Yield Property Group, you can benefit from our Rooming House specialist knowledge and over 10 years of experts in rooming houses in Brisbane.
You will also receive comprehensive support to navigate through what is involved in rooming house ownership, including legislative requirements and rooming house investment specialist providers.
The rooming house strategy is a game-changing strategy to fast track your portfolio, create a legacy and make a difference.
To learn more about rooming houses for sale Brisbane click here.
For further information please call us on 1800 10 1000 or contact us via email by clicking here.
Exploring Darra, Queensland: Growth and Investment Opportunities
Nestled within the vibrant state of Queensland, Australia, the suburb of Darra is emerging as a promising destination for astute investors seeking growth and lucrative opportunities. Below, we delve into the distinctive factors contributing to Darra’s growth and investment potential.
1. Infrastructure Development
The growth in Darra is enhanced by key infrastructure development.
Initiatives such as road expansions and public facilities contribute to the suburb’s transformation, attracting businesses and residents alike.
The Cunningham Arterial Road portion of the Ipswich Motorway, from Rocklea to Darra is currently in Stage 2 of its development. Further information can be found at:
https://www.tmr.qld.gov.au/projects/cunningham-arterial-road-ipswich-motorway-rocklea-to-darra-remaining-sections-planning
Additionally, $10 million is being invested into developing a masterplan for the Centenary Motorway corridor between Darra and Toowong to improve safety, travel-time and meet the increasing transport demands of the community.
More information can be found here: https://www.tmr.qld.gov.au/projects/centenary-motorway-planning-australian-government-funding-commitment
The commitment to enhancing local infrastructure sets a good foundation for sustained growth and an increase in property values for Darra.
2. Strategic Location
Darra’s strategic positioning significantly enhances its allure for investors. Located in the western part of Brisbane, the suburb benefits from close proximity to key amenities and transportation hubs. The accessibility, facilitated by major roads and public transport, not only enriches the living experience for residents but also makes it an attractive prospect for investors.
3. Diverse Housing Options
Darra presents a varied range of housing options, accommodating diverse preferences and needs. The make up of housing option in Darra includes traditional stand alone family residences, renovated properties, new builds and apartments. This housing diversity aligns with evolving demographic trends, establishing Darra as an inclusive investment destination.
4. Economic Resilience
Darra’s economic resilience adds a layer of appeal for investors. A thriving local business scene and commercial establishments contribute to a robust local economy. This economic stability serves as a positive indicator for investors seeking sustainable returns and long-term growth potential.
5. Community Vibrancy
Beyond its economic prospects, Darra boasts a lively and welcoming community. Local events, parks, and recreational facilities foster a sense of community spirit, elevating the overall living experience. For investors, a strong community enhances the investment’s value by creating a desirable living environment
6. Real Estate Market Trends
Analysis of real estate market trends in Darra reveals consistent growth patterns. Property values have demonstrated resilience and appreciation over time, making Darra an attractive prospect for those interested in both short-term gains and long-term wealth accumulation.
In conclusion, Darra in Queensland, Australia, stands out as a suburb with significant growth and investment potential. Its strategic location, ongoing infrastructure development, diverse housing options, economic resilience, vibrant community, and positive real estate market trends collectively position Darra as a compelling choice for investors. Those interested in sustainable growth and attractive returns should closely monitor Darra as it evolves into a thriving hub in Queensland’s real estate landscape.
To learn more about rooming houses click here.
For further information please call us on 1800 10 1000 or contact us via email by clicking here.