Hugo Alexander is pleased to present this exceptional investment opportunity at 60 Burralong Street, Deagon.
This purpose-built rooming house offers a unique opportunity for investors seeking strong rental yields in a high-demand location. Set on a generous block in a quiet, well-connected suburb, the property is delivered fully finished with a complete furniture package and modern inclusions.
Designed for maximum functionality and tenant appeal, the home features multiple secure private rooms, shared kitchens and bathrooms, ample parking, and low-maintenance courtyards. With Brisbane’s rental market experiencing record demand, this property represents a rare chance to secure a cash flow positive asset in a tightly held market.
Investment Highlights
-Land size: 405m² block in quiet street
-Build size: Approx. 216m² with high ceilings
-Certification: Class 1B certified rooming house
-Leases: 5 individual tenancies, separately metered/fenced
-Inclusions: Furniture, appliances, and full fit-out
-Energy: Solar system with battery storage
-Parking: 3 secure off-street spaces + concrete driveway
-Lifestyle: Private courtyards and functional layouts
Rental Income
-Conservative weekly rental: $2,100 - $2,250 per week
-Fully leased annual income: $109,725+ p.a.
-Room rates: $420 – $425 per week
Location
-6.1km to JB Hifi
-5.4km to Bunnings
-8.1km to Westfield Chermside
-14.3km to Trade Coast
-31.8km to Port of Brisbane
-17.4km to Brisbane Airport
-11km to Hospital
-1.2km to railway station
Cultural highlights
-Short drive to Sandgate waterfront
-Close to Deagon train station, shops, and local cafes
-Easy access to Gateway Motorway and Brisbane CBD
-Family-friendly suburb with schools, parks, and amenities nearby
Neighbouring suburbs include Sandgate, Shorncliffe, and Brighton, providing lifestyle appeal and excellent connectivity for tenants.
Financing Options
Cash flow positive rooming houses are increasingly attractive to lenders, with competitive products available through providers such as Westpac, Liberty, Mortgage Mart, Columbus Capital, and Granite. Leverage existing equity with deposits from as little as 10–20%. We can introduce you to an experienced broker who specializes in rooming house finance.
Don't miss out on this great investment opportunity.
Harry Imam Ravi Gyan
0403 180 092 0426 560 756
[email protected] [email protected]
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