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Overview
High-Yielding Hemmant Rooming Complex
A rare opportunity for the astute investor to secure this class 1B Rooming Complex in Hemmant.
Presented to the market for the first time, this complex features 5 self-contained, fully-tenanted studio units achieving a staggering $115k gross rental yearly income. Each studio is fully-furnished with tasteful furniture and is all included with the sale of the complex.
Featuring one extra large studio downstairs plus 4 studios upstairs, they are all equipped with open-plan living areas, kitchenettes, private bathrooms, bedrooms, air conditioning, outdoor spaces and a shared laundry facility.
Positioned on a 405sqm parcel and includes 2 lock up garages + an additional 2 off-street car spaces.
Each of the 5 studios are consistently rented, very minimal vacancy rates and strongly appeal to tenants working at the Ampol refinery and surrounding work places on Lytton Rd.
This complex also has the possibility to convert to a spacious 5 bedroom home in future (STCA).
Situated a stones throw from Hemmant train station plus the added benefit of being located near the Gateway Motorway and Brisbane Airport.
By private appointment only, book your inspection with Hero 0439 673 884.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Hemmant QLD 4174
Market Insights for Hemmant QLD 4174
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
