155, 155A & 157 Braun Street, Deagon, Qld 4017

Block Of Units
Type
15
Bedrooms
15
Bathrooms
11
Parkings
1,215 m²
Area

Published on Thursday, May 21, 2026 ( See property details for 155, 155A & 157 Braun Street, Deagon, Qld 4017)

Offers to Purchase Closing 5pm 19th June

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A rare investment opportunity comprising three modern, purpose-built Rooming House assets in Brisbane’s sought-after northern bayside corridor, offering flexible purchase options and strong income potential.

🏡 Property Highlights

  • Rare opportunity to acquire one or all three purpose-built Rooming House / Multi-Occupancy Assets in Brisbane’s northern bayside corridor.
  • Combined gross income of over $318,000 per annum at current lease rents, with potential to increase to over $346,000 at market value rents.
  • Modern improvements completed in November 2022, with remaining structural warranty coverage until May 2029.
  • Includes 39.42kW solar infrastructure, promoting energy efficiency and cost savings.
  • Low Density Residential zoning offering flexibility for future development or investment strategies.
  • Total landholding of approximately 1,215m2 with combined building area of 727.2m2, providing substantial space for tenants and potential expansion.

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Solar Panels
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Low-Maintenance Yard

Deagon is a highly sought-after northern Brisbane suburb known for its convenient access to Brisbane CBD and coastal areas. It offers a vibrant community atmosphere, excellent transport links, and a mix of residential and commercial developments. The area benefits from proximity to parks, schools, and local amenities, making it ideal for tenants and investors alike. Its low-density zoning provides flexibility for future growth and development, ensuring long-term value appreciation.

What is the current occupancy status of these properties?
Each property contains five individual tenancies, all currently leased, providing immediate income for investors.
Are there any recent upgrades or renovations?
Yes, all properties feature modern improvements completed in November 2022, with remaining structural warranty coverage until May 2029.
What are the potential rental income and returns?
At current lease rents, the combined gross income is approximately $318,282.75 per annum, with an indicative net return of around $284,721.81 annually.
Is there any solar infrastructure included?
Yes, the properties include a 39.42kW combined solar infrastructure, supporting energy efficiency and cost savings.
What is the zoning classification and potential for future development?
The properties are zoned Low Density Residential (LDR), offering flexibility for future development or investment strategies.
Are there any hidden costs or upcoming maintenance expenses not disclosed in the documentation? Have all necessary planning approvals and compliance certificates been obtained for the recent improvements? Are there any existing or past issues with structural integrity or pest infestations? What are the zoning restrictions and are there any easements or covenants affecting the properties? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? Are there any planned developments or construction projects nearby that could impact the property? What are the terms and conditions related to the structural warranty coverage? Are there any strata or body corporate arrangements, and what are their fees and regulations? Is there any ongoing or upcoming maintenance required for the solar infrastructure? What are the lease terms and conditions for the current tenancies, including rent reviews and lease expiry dates?

155, 155A & 157 Braun Street, Deagon, Qld 4017 - More Details

Offers to Purchase Closing 5pm 19th June

Type
Block Of Units
Bedrooms
15
Bathrooms
15
Parkings
11
Area
1,215 m²
House Size
727 m²

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