1 Lot Available SMSF

[Estate]

Brisbane, Zillmere, QLD, 4034,

$1,691,740

5 Beds
5 Bath
3 Garage

*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.

Rent Weekly $2,245
Rent Monthly NA
Rent Yearly NA
Rental Yield Return 6.90%
Land Registration
Land Size 311m²
House Size 236.00m²