59A Elizabeth Street

Acacia Ridge QLD 4110

0 m²

396 m²

House

Currently for sale - view listing

Overview

High Rental $2,200/week returning 8% gross p.a. Brand New Rooming Accommodation 100m to Shopping Centre

An Exceptional High-Yield Investment Opportunity Positioned in a sought-after location close to transport, shopping and everyday amenities, this purpose-built rooming accommodation property offers investors an outstanding combination of strong cash flow, premium construction and long-term rental demand. Designed specifically for modern independent living, the property comprises five fully self-contained one-bedroom apartments, each featuring its own private entrance, ensuite bathroom and kitchenette. Unlike a traditional share house, every resident enjoys complete privacy within their own apartment while benefiting from professionally managed shared facilities. Investment Highlights · Approximately $2,200 per week gross rental income · Rental yield exceeding 7.5% · Five fully self-contained one-bedroom apartments · Five ensuite bathrooms · Five modern kitchenettes · Purpose-built rooming accommodation · High tenant demand · Low-maintenance modern construction · Professionally designed for long-term investment performance Premium Apartment Features Each private residence includes: · Fully furnished bedroom and living area with quality contemporary furniture · Queen-size bed · Built-in wardrobe · Modern kitchenette with quality appliances · Spacious ensuite bathroom · Air conditioning · Ceiling fans · Security screens · Digital keyless entry · Private courtyard or outdoor entertaining area · Ultra-fast NBN internet (250 Mbps–1000 Mbps) Resident Facilities The development also provides quality communal amenities including: · Fully equipped shared kitchen · Comfortable residents' lounge · Shared laundry with brand-new appliances · Professionally maintained common areas Water, internet and electricity are included within the tenancy arrangements, enhancing tenant appeal. Approved Rooming Accommodation The property operates under a Rooming Accommodation Agreement (Form R18) and complies with council approval for single occupancy accommodation. Each apartment is approved for one resident only, creating a peaceful, well-managed living environment attractive to working professionals, mature students, healthcare staff, FIFO workers and other single occupants seeking quality independent accommodation. Outstanding Location Conveniently located close to: · Major shopping centres · Public transport · Schools and educational facilities · Parks and recreation · Medical services · Cafés and restaurants · Employment hubs The location continues to attract consistent tenant demand, contributing to strong occupancy rates and reliable rental returns. A Purpose-Built Investment That Performs Purpose-built rooming accommodation developments of this calibre are increasingly scarce. With five private apartments, premium finishes, professional management, strong rental demand and an estimated gross rental income of approximately $2,200 per week, this property represents an exceptional opportunity to secure a high-performing investment with a rental yield of more than 7.5%. Whether purchasing the completed property or securing one of the two new developments due for completion in approximately nine months, this is an opportunity to invest in a quality asset designed to deliver immediate income and long-term capital growth. For further information, to arrange an inspection, please contact Lynda Lim 0406 233 888 today.