Purpose-built and near-new, this dual-level rooming accommodation delivers five self-contained bedrooms - each with its own private ensuite - fully tenanted and cash-flowing from day one. Built by Altitude Investment Builders and handed over in March 2026, this is a rare turnkey opportunity for the astute investor.
The Numbers:
Currently returning $102,960 gross per annum ($1,980/week) across five leases - a 7.15% gross yield - with genuine upside, as comparable rents in the area point to a total weekly rent of $2,200-$2,300 achievable upon renewal.
Private Outdoor Spaces - A Genuine Competitive Advantage:
Outdoor amenity remains one of the most desirable yet least common features within rooming accommodation. Two ground-floor tenancies enjoy direct access to private patios, while two upper-level rooms are enhanced by exclusive balconies. These private external spaces elevate the property's appeal, support premium room rents and provide a clear point of differentiation in an increasingly competitive rental environment.
Well-Considered Communal Facilities:
Complementing the independent living arrangements is a dedicated communal area and central laundry facilities, thoughtfully positioned to balance personal independence with practical shared amenities.
Property Features:
• 5 bedrooms, each with private ensuite bathroom
• 222m² internal floor area across a smart dual-level design
• Two ground-floor rooms with private patios; two upper rooms with exclusive balconies
• Dedicated common area and shared laundry
• Secure double carport with off-street parking
• 28-panel solar system - lower running costs for tenants and owner
• Fully furnished throughout - beds, smart TVs, kitchen appliances, cookware and soft furnishings all included
• No Body Corporate fees
• Class 1b certified rooming accommodation, fully compliant with current fire safety, energy efficiency, structural and plumbing certification on file
Location:
• Walking distance to local parks
• Walking distance to Market Place
• 2 minutes to Mabel Park State High School
• 5 minutes to John Paul College
• 6 minutes to the M1 Motorway
• 7 minutes to Springwood Mall, IKEA & Bunnings
• 10 minutes to Logan Hospital
• 10 minutes to TAFE Loganlea Campus
• 20 minutes to Brisbane CBD
• 35 minutes to the GoldCoast
Positioned Within One Of Logan's Strongest Rental Corridors
Location remains fundamental to investment success, and Slacks Creek continues to demonstrate exceptional rental fundamentals.
A High-Performance Asset In A Class Of Its Own
Combining multiple income streams, premium tenant amenity, substantial internal proportions and a strategic growth-corridor location, 4 Ngoro Road presents an outstanding opportunity to secure a high-performing asset engineered for both immediate income and long-term portfolio strength. Investors seeking scalable returns, superior vacancy resilience and enduring rental demand are encouraged to act promptly.
For further information, including a detailed income schedule, rental appraisal and inspection arrangements, contact Jas Singh today.
Disclaimer: All information contained herewith, including but not limited to the general property description, price and the address, is provided to Ray White Springwood & Shailer Park by third parties. We have obtained this information from sources we believe to be reliable; however, we cannot guarantee its accuracy. The information contained herewith should not be relied upon and you should make your own enquiries and seek advice in respect of this property or any property on this website.
