For Sale

5 Bed  •  5 Bath  •  5 Car  •  601m²

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For Sale

  • 5
  • 5
  • 5
  • 601m²

House for sale8 days on Homely

What's around Raceview

House description

“Premium wide lot rooming house”

Harry Imam and Ray White AKG are proud to present Hayes Street, Raceview. Brand new high yield investment properties like this are tightly held and rarely come to market.
Taking up to 8 months to build, involving certification, building approvals, engineering, energy efficiency, disabled compliance, fire compliance, furniture and land scaping and fencing - buying a fully prepared brand new asset is the ideal way to enjoy the cash flow and grow generational wealth. Rooming valuations year on year are some of the strongest capital growth residential assets providing abundant equity to grow your property portfolio.

Please text, email or call us for the address. Harry 0403 180 092. Ravi 0426 560 756.

Situated in the well connected suburb of Raceview in the south-west corridor, offering strong transport links, established amenities and ongoing development. With Darra Train Station providing direct access to the Ipswich CBD, Brisbane CBD, Forest Lake, Redbank Plains proximity to major arterial roads, and convenient access to shopping centres, schools and industrial employment hubs.

Rooming houses are certified and approved by Council for 5 separate leases to single adults bringing in circa $110,000 pa gross income. With no body corporate fees, this easy to maintain and simple asset is a very high performer with amazing tax depreciation benefits and a builders warranty for peace of mind. The home is fully furnished and 100% leased to quality tenants.

Investors are likely to see 2 - 3 times standard dwelling investments with gross yields in 7.6% to 8% and above.

Come see for yourself this top performing property this Saturday.
We will be available for 1 hour to answer all your technical questions about rooming and residential investment.

For more information please contact Harry 0403 180 092 or Ravi 0426 560 756 or enquire by email and we'll send you out the information memorandum.

Building Class
1B, 5 bed 5 bath 5 car

Location
250m to local Park
4.7km to Train Station
150m to Bus Stop
850m to Shopping Centre

Zone
Low Density Residential
Solar Power
13.3KW roof mounted
Building areas
218m2 building
Land Dimensions, size
40m deep, 15m wide
601m2 land

Rental Income
$2050 - $2100 /week equates to $110,000 pa
Room 1 - $420/week
Room 2 - $420/week
Room 3 - $420/week
Room 4 - $420/week
Room 5 - $420/week

Harry Imam 0403 180 092, [email protected]; Ravi Gayan 0426 560 756, [email protected]

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.

Property features

airConditioning

Air Conditioning

broadband

Broadband

builtInRobes

Built-in Robes

courtyard

Courtyard

floorboards

Floorboards

fullyFenced

Fully Fenced

solarPanels

Solar Panels

Other features

fully furnished, secure windows, electronic locks, private courtyards

Building details

Area: 218m²
Energy Rating: 7

Land details

Area: 601m²
Frontage: 15m²

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