Lot 2 - 10 Percy Street - Zillmere
Zillmere, Brisbane, QLD, 4034
Lot 2 - 10 Percy Street - Zillmere
Zillmere, Brisbane, QLD, 4034
Description
*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us.
An opportunity to acquire a brand-new, purpose-built rooming house of five self-contained studios on a single title in Zillmere, approximately 16.8km north of the Brisbane CBD. Each of the five studios is genuinely self-contained, with its own bedroom, living room, bathroom and kitchenette. In addition, the property provides a communal, fully equipped kitchen and a communal laundry. The dwelling was designed and constructed from the ground up as a rooming house by Queensland's leading specialist rooming house builder — it is not a converted house.
The property is offered on a single-part contract as a completed, income-producing asset. This structure is materially important for Self-Managed Super Funds, which generally cannot borrow to construct: a completed property on one contract is one of the few ways an SMSF can access this asset class using limited recourseborrowing arrangement. Five separate studio incomes under one roof produce a diversified income stream from a single dwelling.
Location
-
Address:
-
State/County:
-
Zillmere
-
QLD
-
City:
-
Zip:
-
Brisbane
-
4034
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Area:
-
Country:
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Zillmere
-
N/A
Property Details
Property ID: |
80762 |
Price: |
$ 1,691,740.00 |
Land Price: |
N/A |
Build Price: |
N/A |
Gross Return: |
$ 116,740.00 |
Gross Yield: |
6.90% |
Property Size: |
236.00 |
Capital Growth 12 Months: |
N/A |
Capital Growth 10 Year Annualised: |
N/A |
Vacancy Rate: |
N/A |
Property Type: |
House and Land SMSF Freehold New Build |
Property Status: |
N/A |
Weekly Rent: |
$ 2,245.00 |
|
Rooms : |
5 |
|
Bedrooms : |
5 |
|
Study Rooms : |
N/A |
|
Bathrooms : |
5 |
|
Garage : |
3 |
|
Garage Size : |
N/A |
|
Storeys : |
N/A |
|
Title Status : |
N/A |
|
Estate : |
[Estate] |
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