27 Caboolture River Road, Morayfield, Qld 4506

**Fully Leased Co-Living Investment | 8% Gross Return**

An opportunity to secure a fully established co-living investment in Morayfield, delivering $1,760 per week in rental income.

Set on a 606sqm block, this modern five-bedroom rooming house has already been converted, approved, furnished and leased, making it an ideal option for investors looking to secure a high-yielding property without the time and expense of setting one up themselves.

The property features five separate ensuited bedrooms, each with its own additional food preparation area, and air conditioning. It has been designed with tenant comfort and practicality in mind, with quality finishes and separately metered electricity to every single room.

**Property Features:**

- 5 ensuited bedrooms, each with their own food preparation area, some rooms with private living spaces too
- $1,760 per week rental income
- $91,520 annual gross rental income
- 8% gross rental return
- Fully furnished and tenanted
- Fully approved and compliant rooming house
- Reverse-cycle air conditioning in every bedroom
- Hybrid flooring throughout
- Individually metered electricity
- 606sqm land allotment

With everything already completed, from the conversion and approvals through to furnishing and leasing, there is nothing further to organise before taking ownership.

Located in Morayfield, the property offers extremely convenient access to local shopping , transport and essential amenities, supporting its appeal as an established co-living investment.

A great opportunity for investors wanting to add a strong-performing, income-producing property to their portfolio without having to go through the process of converting and setting up a property themselves.

Type

House

Bedrooms

5

Bathrooms

5

Parkings

2

Area

606 m²

House Size

190 m²