1/5 Wray Street, Acacia Ridge, QLD 4110
Acacia Ridge 5 Bedroom Premium high set Rooming House
$1,390,000Hugo Alexander is pleased to present this exceptional investment opportunity in Acacia Ridge, Brisbane.
Purpose built to achieve strong rental income, this Rooming House is thoughtfully designed with a three phase 20KW solar system, and contemporary finishes such as caesar stone bench tops.
Positive cash flow assets with 100% occupancy are typically tightly held assets. Savvy investors will find incredible value in this acquisition.
This is a brand new build on its own titled lot on a quiet residential zoned lot.
Market rent
$400 - $420/week x 5 (52.25 week year) is approximately $104k to $109k
- Steel frame high set
- Brand new with 6 years warranty
- stone bench tops throughout 6 kitchens and laundry
- tiled bathrooms
- 2 car parks in driveway
- 2 courtyards, 3 balconies
- quiet street location
- Class 1B certified rooming house
- 20kw solar system
- Approved class 1B for 5 leases to fully employed adults
- Furniture and appliances included
- 2 car spaces
Location:
Acacia Ridge is 15km from the Brisbane City centre in an elevated position. The area is characterised by quaint low set brick and weatherboard homes on flat land lots with an increasing mix of new contemporary large family homes. Acacia Ridge has excellent road and rail and bus access to the city, high ways, big box retail, shopping centres, restaurants, cafes, takeaway food and sports grounds. The largest retail franchises Woolworths, Coles, Aldi are close by in 3 large shopping villages and there is an abundant offering of international cuisine making the area a very vibrant and engaging community. There are no flood or character overlays in Acacia Ridge with the strong offering of commercial retail strip and industrial employment areas neighbouring in Sunnybank, Archerfield, Mount Gravatt and Salisbury. The area is primed for exceptional capital growth.
Neighbouring suburbs:
Coopers Plains, Sunnybank, Archerfield, Sunnybank Hills and Willawong
This property is located on a quiet street and close to a number of shopping and food precincts.
Don't miss out on this great investment opportunity.
Contact Harry Imam on 0403 180 092 or [email protected] for further information.