207 Postle Street, Acacia Ridge, Qld 4110

When purchasing an investment property, there are plenty of considerations: Location, Property type, Rental yield, Financial and Taxation Benefits. Welcome to 207 Postle Street, Acacia Ridge, a newly completed rooming house that truly delivers on all the above.

Rooming Houses have become one of the new residential products to assist with the undersupply in the current housing market. They are now specifically designed to be functional, self contained & cost inclusive (electricity, water & internet) for tenants, whilst providing investors with significant amounts of passive income.

Location:
Strategically positioned on the more convenient eastern side of Beaudesert Rd, this property sits on a generous 517m2 block and is located nearby the substantial Acacia Ridge & Rocklea employment hubs. Being only 13.5km south of Brisbane CBD, this area offers superb connectivity to major thoroughfares, including: Beaudesert Road, Logan Motorway, Ipswich Motorway, Centenary Motorway and M1 Pacific Motorway.

The property is just a short walk to Acacia Marketplace (Aldi, Woolworths, Supercheap Auto & BWS) and the Acacia Ridge Tafe Campus.

Property Type:
Recently completed purpose-built home with 5 Micro Apartments, and both a fully equiped kitchen & shared laundry.

Each micro apartment (varying in size between 39m2 – 47m2 including the furnished patio areas) is fully furnished, and features split system air conditioning, courtyard, kitchen space, bedroom, living/dining room, 2 smart wall-mounted TV’s and bathroom.

The house is complete with 4 off-street car parks, 13KW Solar System and is NBN connected.

Rental yield:
The property is currently fully tenanted at $2,000 per week ($104,000 annual income).
Current tenant is a successful and experienced SIL provider on a 12 month lease, with a further 12 month option at market rent (100% assured occupancy).
The property boasts a gross yield over 7%.

Financial & Taxation Benefits:
Substantial Depreciation benefits on the construction and fit out, including 5 bathrooms & 6 Kitchens. You also have the ability to fast-track depreciation deductions on the furniture package.

What we love…
You will appreciate the attention to detail in both house design and furniture fitting. With the current tenant being a SIL provider, you will experience 100% assured occupancy. This property has been built based on significant experience gained in this flourishing section of the housing market. It services the significant demand for quality & safe housing for individual occupants, and combined with the growth in this sector, makes it worth immediate consideration.

Inspect this weekend, before the tenant moves in on Monday, whilst vacant!