Lot 3 117 Delancy St, Ormiston, QLD

"Build generational wealth with this premium Brisbane bayside investment offering exceptional returns in one of Queensland's most sought-after locations"

Property analysis by:

Investment Highlights

This premium co-living investment at Lot 3, 117 Delancy Street in Ormiston presents a rare opportunity to secure an exceptional yield in one of Brisbane's most prestigious bayside suburbs. The property features a luxurious 5-bedroom, 5-bathroom residence offering 200m² of contemporary living space on a 405m² land parcel, purposefully designed for the growing co-living market.

Superior Financial Performance

The property demonstrates remarkable financial metrics that significantly outperform standard residential investments:

• Impressive 8.47% gross rental yield - substantially higher than typical Brisbane yields
• Professional rental appraisal confirming $2,120 weekly income
• Substantial annual gross income of $110,543 enabling strong positive cashflow
• Turnkey contract price of $1,319,400 representing excellent value in this premium location
• Land contract component of $700,000 with build contract at $619,400 offering potential tax benefits
• Expert rental assessment from Upside Ave Property Management confirming strong rental demand

Complete Turnkey Package

This offering includes a comprehensive turnkey package minimizing additional investment and maintenance costs:

• Fixed price inclusion list
• 4 x colour selection options
• 6-year structural guarantee
• 1 year material and workmanship from practical completion
• 120m² of landscaping and 60 lineal meters of fencing
• Concrete to driveway, crossover, car parking, patios, clothesline pads and paths
• High-density wall insulation to internal perimeter walls of each 'studio'
• Flush panel solid core door as entry to each studio
• Block out roller blinds to all openable windows
• Block out vertical blinds to all sliding glass doors
• Split system air-conditioner to each studio
• 13kw photovoltaic solar system
• Digital door locks and security features

Prime Growth Location

Ormiston represents one of Brisbane's most desirable bayside suburbs with excellent fundamentals:

• Located in Brisbane's prestigious Redland Bay area
• Direct access to Moreton Bay with its beautiful waterways and islands
• Excellent transport links to Brisbane CBD and airport
• Strong historical capital growth in this tightly-held suburb
• Diverse local economy with employment opportunities across multiple sectors
• High socioeconomic demographic supporting premium rental rates

Strategic Demographic Advantages

The region profile reveals key demographic indicators supporting strong ongoing rental demand:

• High median weekly household income indicating quality tenant profiles
• Professional and managerial occupational base creating demand for quality accommodation
• Growing acceptance of co-living arrangements among various demographic groups
• Strong healthcare and education sectors providing stable employment

Room Rental Demand

The room rental market in Ormiston shows exceptional fundamentals for co-living investments:

• Strong demand for quality accommodation options in this prestigious location
• Limited supply of purpose-built co-living accommodation creating market opportunity
• Rental rates of $420-$430 per studio/room confirming premium income potential
• Very low vacancy rates under 1% indicating robust rental demand
• All utilities, internet, furniture and amenities included in the rental model

Educational & Community Infrastructure

The area benefits from excellent community amenities:

• Prestigious schools including Ormiston College
• Comprehensive healthcare facilities throughout Redland Bay
• Excellent shopping options including nearby Cleveland CBD
• Rich cultural attractions throughout the bayside area
• Beautiful natural environment with bayside parks and reserves
• Excellent dining and entertainment precincts

Development Activity

The property is positioned in an area with controlled, sustainable development:

• Limited land availability in this established suburb
• Strict planning controls maintaining neighborhood character
• Focus on quality over quantity in local development

Market Timing Advantage

Current market conditions favor investment entry:

• Rising median rents with significant growth in the past 12 months
• Growing rental yield curve showing increasing returns for property investors
• Strong demand for quality rental accommodation exceeding available supply
• Historical capital growth trends indicating strong appreciation potential

Investment Summary

The 5-bedroom co-living opportunity at Lot 3, 117 Delancy Street represents a premium investment combining immediate strong cashflow with exceptional long-term growth potential. The impressive 8.47% rental yield substantially outperforms traditional property investments in this blue-chip location, while the strategic position in one of Brisbane's most desirable bayside suburbs provides outstanding fundamentals for capital appreciation.

For investors seeking both immediate positive cashflow and substantial wealth creation through capital growth, this turnkey co-living property in Ormiston delivers an exceptional opportunity to secure a position in one of Queensland's most prestigious and tightly-held locations.