Rooming House Micro Apartments in a High Growth Area

Rooming
5 Bed | 5 Bath | 3 Cars
 Rent: 
$2,155 per week
 Land Size: 
425m²
17.6 km east of the CBD
Close to public transport
Close to shopping
Price on request

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Suitable for following Buyer Brief

Strategy Type: Buy & Hold

Investment Hold Period: Minimum 5 years

End Goal: Passive Income + Wealth Building + Tax Savings

Active or Passive Investing: Passive with minimum maintenance and ongoing involvement

Acquisition Objective: Accumulate super cashflow properties in growth areas for easy hold and get some equity to buy another one in 3 years.

Location Highlights

  • Proximity to CBD and Airport: Approximately 17.6 km east of the central business district.
  • Shopping and Entertainment: Offers a variety of retail facilities, including a shopping centre and local shops.
  • Education Precincts: Home to several schools, including a state school and private colleges.
  • Parks and Recreation: Features numerous parks covering nearly 11.7% of the area, providing ample green spaces for outdoor activities.
  • Medical Facilities: Access to nearby hospitals and medical clinics.
  • Restaurants and Cafes: Offers a selection of dining options, including cafes and restaurants.
  • Amenities: Includes community centres and various local services.
  • Public Transport: Serviced by bus routes connecting to surrounding suburbs and the city.
  • Low Vacancy Rate
  • Infrastructure Spending: Ongoing developments in public transport and community facilities.
  • Population Details: Population of 12,436, with a median age of 38 years.
  • Employment Hubs: Proximity to industrial areas and business centres.
  • Price on request

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