32 Alexander St, Zillmere, QLD

"Secure financial freedom with this premium Brisbane co-living gem delivering exceptional yields in a high-growth corridor"

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Investment Highlights

This outstanding co-living investment at 32 Alexander Street in Zillmere presents a rare opportunity to secure a premium 5-bedroom, 5-bathroom residence with exceptional income potential in Brisbane's thriving northern growth corridor. With 200m² of contemporary living space on a 607m² land parcel, this purpose-built co-living property delivers an impressive 8.60% rental yield.

Superior Financial Performance

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

• Industry-leading 8.60% gross rental yield - substantially higher than Brisbane's average of 3-4%
• Professional rental appraisal confirming $2,190 weekly income from Upside Ave property management
• Substantial annual gross income of $113,880 enabling strong positive cashflow
• Turnkey contract price of $1,325,500 representing excellent value in Brisbane's northern corridor
• Land contract component of $749,000 with build contract at $576,500 offering potential tax benefits
• Detailed property management plan with comprehensive outgoings assessment
• Vacancy rate of just 1.06% demonstrating exceptional rental demand in the area

Complete Turnkey Package

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

• Fixed price inclusion list with 4 color selection options
• 6-year structural guarantee with 1-year material and workmanship warranty
• 120m² of landscaping and 60 lineal meters of fencing
• High-density wall insulation for acoustic privacy between studios
• Reverse cycle split system air-conditioner in each studio
• Digital door locks and security screens throughout
• 13kW photovoltaic solar system reducing operational costs
• Premium fixtures and fittings throughout including stone benchtops
• Ceiling fans in each bedroom and living space

Prime Growth Location

Zillmere represents one of Brisbane's strategic growth areas with excellent investment fundamentals:

• Located just 14km from Brisbane CBD with excellent transport connectivity
• Direct train line to city center providing 20-minute commute
• Proximity to major employment hubs including Brisbane Airport, Australia TradeCoast, and Chermside
• Infrastructure upgrades including road improvements and public transport enhancements
• Ongoing urban renewal transforming the suburb's profile and appeal
• Strategic position in Brisbane's northern growth corridor benefiting from population expansion

Strategic Demographic Advantages

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

• High proportion of renters creating sustained demand for quality accommodation
• Growing professional demographic seeking affordable housing with good connectivity
• Strong employment growth in nearby commercial and industrial precincts
• Increasing demand for flexible co-living arrangements particularly among young professionals
• Gentrification trend attracting higher-income residents to the area

Room Rental Demand

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

• Upside Ave rental assessment detailing individual unit potential:
• Unit 1 (Carport Access): $410/week
• Unit 2 (With Patio): $430/week
• Unit 3 (With Balcony): $430/week
• Unit 4 (No Balcony): $410/week
• Unit 5 (With Balcony): $420/week
• Additional carport spaces: $15/week each
• Growing demand for affordable accommodation options in Brisbane's tightening rental market
• Significant room rental demand with search data showing consistent increases

Educational & Community Infrastructure

The area benefits from excellent community amenities:

• Proximity to educational institutions including QUT Kelvin Grove and multiple schools
• Nearby TAFE Queensland campus creating student accommodation demand
• Excellent recreational facilities including O'Callaghan Park and Zillmere Sports Centre
• Major retail amenities at nearby Westfield Chermside
• Comprehensive healthcare services including Prince Charles Hospital
• Ongoing community renewal initiatives enhancing local amenities and services

Development Activity

The property is positioned in an area with strong sustainable development:

• Brisbane City Council development approvals showing consistent growth
• Urban renewal focus in the broader northern corridor
• Significant infrastructure investment supporting property values
• Controlled development framework preventing oversupply

Market Timing Advantage

Current market conditions favor investment entry:

• Rising median rents with significant growth over recent years
• Record-low vacancy rates across Brisbane driving rental growth
• Strong buyer demand evidenced by decreasing days on market
• Rental listings declining while demand increases
• Ongoing population growth in Brisbane's northern corridor

Investment Summary

The 5-bedroom co-living property at 32 Alexander Street represents a premium investment combining immediate strong cashflow with excellent long-term growth potential. The impressive 8.60% rental yield substantially outperforms traditional Brisbane property investments, while the strategic location in Brisbane's northern growth corridor provides strong fundamentals for capital appreciation.

For investors seeking both immediate positive cashflow and substantial wealth creation through capital growth, this turnkey co-living property in Zillmere delivers an exceptional opportunity to secure a position in Brisbane's evolving property market with minimal ongoing management requirements.