A Smart Investment with Secure, High-Yielding Rooming Accommodation
Nestled in a tranquil pocket of Kenmore just 10 kilometers from Brisbane's CBD, this property presents an exceptional investment opportunity. Currently operating as a rooming accommodation setup, the classic four-bedroom home has been cleverly converted into five fully self-contained studio apartments. Each studio offers private bathrooms, kitchenettes, and split-system air conditioning, ensuring comfort and security for tenants. The communal spaces include a large, fully equipped kitchen with a 900mm gas cooktop, breakfast bar, and dishwasher, alongside a spacious outdoor entertaining area—perfect for fostering a community atmosphere. With secure leases in place, the property generates an impressive rental income of $1,865 per week, providing investors with immediate and reliable returns in a strong rental market.
Ideal for Multi-Generational Living with Versatile Space
Beyond its current use, this adaptable home holds great promise as a multi-generational residence. The generous 504m² fully fenced block offers ample outdoor space, ideal for children and pets to play safely. The existing layout, with five separate living areas, lends itself perfectly to families seeking privacy and independence under one roof. Whether elderly relatives, young adults, or extended family members, each person can enjoy their own self-contained studio while still sharing the communal living areas. This unique configuration fosters both togetherness and autonomy, making it a rare find for families wanting flexibility and harmonious multi-generational living.
Effortless Conversion Back to a Spacious Four-Bedroom Family Home
For those dreaming of a traditional family home, returning this property to its original layout is straightforward. With minimal work required—simply removing a few partition walls—the house can be transformed back into a spacious four-bedroom, two-bathroom family haven. The large, fenced yard provides a perfect playground and outdoor living area, ideal for family life. Located within the highly regarded Kenmore State School and Kenmore State High School catchments, and close to public transport, shopping precincts, and Mt Coot-tha, this home offers both convenience and comfort for families looking to settle in one of Brisbane's most sought-after suburbs.
Property Features
- 5 self-contained studios, each with:
Kitchenette
Private bathroom
Split system air-conditioning
Secure code lock entry
- Currently returning $1,865/week
- Large communal kitchen with:
900mm stainless steel oven & 5-burner gas cooktop
Dishwasher & breakfast bar
- Generous 504m² fully fenced block
- Easily reconvert to a 4-bedroom family home
- Close to public transport, major shopping precincts & Mt Coot-tha
- Within Kenmore State School and Kenmore State High School catchments
- Just 10km to Brisbane CBD
Whether you're an astute investor chasing strong returns or a family seeking space, convenience, and future flexibility, this Kenmore gem ticks every box. For more information contact Mitchell Smith and Roxanne Alterio.
Disclaimer
This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
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