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Back 4a Alderwood Street
Off Market

4a Alderwood Street

Acacia Ridge QLD 4110

5
5
2
Block of units
Last sold for $1,540,000
Noah CampbellNoah Campbell, last sold this property on 12 May 2026 after -20 days on market.

Overview

Brand New Rooming House Investment | Fully Tenanted and Returning $115,440 P/a

This fully furnished, five suite, double-storey rooming accommodation house is situated on a 310m2 with a yearly rental return of $115,440 at a 7.7% gross rental yield. Each room is fitted with an individual split system A/C and comes complete with bedroom, ensuite and living space with kitchenette. The common area includes a full kitchen with oven, cooktop and rangehood and laundry facilities with 2 x washing machines. The premium inclusions for this property are: 9kW solar system* Kitchens well equipped with high quality cooking equipment Blinds and security screens on all walls and windows Solid core internal doors & sound insulation on internal walls for additional soundproofing Perfect location for long term growth and tenant desirability: Bus stop within a 1-minute walk (180m) Coopers Plains Train Station just 4.6km away Elizabeth St. Shopping Centre, home to IGA and a variety of shops, just a 2-minute walk away (200m) What is a Rooming House and why Brisbane? Rooming Houses are a relatively new, but increasingly popular concept in Brisbane. Around 3% of the rental market in Brisbane are Rooming Houses. They can be found across many Brisbane suburbs and usually contain 5 micro apartments that can be leased out individually (single occupants only), generally on either 6 or 12 month leases. The houses are generally custom built with each of the 5 suites containing its own living area, kitchenette, bathroom and bedroom. The suites are typically fully furnished and include all services (electricity, internet and water usage) in the rent. Typically, young professional or older separated people are the main occupants. A number of rooming houses have been constructed over the last 5 years and their popularity is a result of their high yielding, low risk offering. Most rooming houses generate significantly more income than their outgoings resulting in around $20k - $35k of positive cash flow. Finished Rooming Houses rarely hit the market, due to the shortage of affordable land in Brisbane, coupled with the fact that most investors retain them for the positive cash flow they generate.

Features

5 bedrooms
5 bathrooms
2 carspaces
Block of units

Estimated Value

We need at least 3 similar 5 bedroom block of units sold in Acacia Ridge over the last 12 months.

Property history for 4a Alderwood Street

2026
Sold
$1,540,000
Private Sale/Treaty on 12 May 2026 by Noah Campbell, of Your Style Homes
2026
Rented
Undisclosed
Leased on 09 Mar 2026 by Your Style Homes
2023
Sold
Undisclosed
10 Oct 2023 by Jiggs Long, of Ray White Sherwood | Ray White Centenary

Happy sellers in Acacia Ridge

89%
89% of sellers in Acacia Ridge reported that their sale price either exceeded or met their price expectations.

Acacia Ridge stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 38 reviews in Acacia Ridge over the last 12 months.

Local market activity for 5 bedroom block of units in Acacia Ridge

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Acacia Ridge

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Dipayan Bairagi

Dipayan Bairagi is a recommended agent for Acacia Ridge.  They have 1 local sale and collected 11 local reviews across the last 12 months.

  •   5   (13 reviews)
  •  11 Reviews in Acacia Ridge
  •  1 Sale in Acacia Ridge
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Adrian Daynes

Sellers who recommend Adrian Daynes have praised them for being local expert, clear communication, supportive, friendly, great negotiation, reliable and responsive

  •   4.9   (211 reviews)
  •  9 Reviews in Acacia Ridge
  •  20 Sales in Acacia Ridge
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Tatjana Freeman

Sellers who recommend Tatjana Freeman have praised them for being clear communication, supportive, local expert, reliable, detail-oriented, hard-working and honest

  •   4.9   (24 reviews)
  •  6 Reviews in Acacia Ridge
  •  11 Sales in Acacia Ridge
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Bevin Powell

Bevin Powell is a recommended agent for Acacia Ridge.  They have 31 local sales and collected 4 local reviews across the last 12 months.

  •   4.9   (113 reviews)
  •  4 Reviews in Acacia Ridge
  •  31 Sales in Acacia Ridge
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