54 Lionel St, Nudgee, QLD

"Build lasting wealth with this standout property in Brisbane's premium growth corridor delivering exceptional rental returns"

Property analysis by:

Investment Highlights

This exceptional co-living investment at 54 Lionel Street in Nudgee presents a premium opportunity to secure a standout 5-bedroom, 5-bathroom residence in one of Brisbane's most strategically positioned suburbs. Featuring 200m² of contemporary living space on a 405m² land parcel, this purpose-built co-living property delivers an impressive 8.38% rental yield in a high-growth location with exceptional connectivity.

Superior Financial Performance

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

• Impressive 8.38% gross rental yield - substantially higher than Brisbane's average residential returns
• Professional rental appraisal confirming $2,180 weekly income from Upside Ave property management
• Substantial annual gross income of $113,360 enabling strong positive cashflow
• Turnkey contract price of $1,352,400 representing excellent value in Brisbane's prime northern corridor
• Land contract component of $775,000 with build contract at $577,400 offering potential tax benefits
• Detailed operational cost assessment with comprehensive outgoings breakdown
• Extremely low vacancy rate of just 0.66% confirming 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 included
• 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

Nudgee represents one of Brisbane's most strategically positioned suburbs with exceptional investment fundamentals:

• Located just 13km from Brisbane CBD with outstanding transport connectivity
• Direct train line to city center with Nudgee station providing 20-minute commute
• Immediate proximity to Brisbane Airport creating significant employment opportunities
• Gateway Motorway access providing excellent north-south connectivity
• Close to major employment hubs including Australia TradeCoast and Port of Brisbane
• Strategic position in Brisbane's high-demand northern corridor benefiting from ongoing infrastructure investment

Strategic Demographic Advantages

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

• High proportion of professionals seeking quality accommodation with excellent connectivity
• Strong employment growth in nearby commercial, logistics and industrial precincts
• Increasing demand for quality rental options as Brisbane's population expands
• Excellent socio-economic indicators with IRSAD scores showing upward trajectory
• Growing appeal for young professionals seeking accessibility with lifestyle benefits

Room Rental Demand

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

• Upside Ave rental assessment detailing individual unit potential:
• Unit 1 (Ground Floor Studio with patio): $440/week
• Unit 2 (Ground Floor 1 Bedroom with patio): $430/week
• Unit 3 (Ground Floor 1 Bedroom with patio): $440/week
• Unit 4 (Ground Floor 1 Bedroom with patio): $440/week
• Unit 5 (Ground Floor 1 Bedroom with patio): $430/week
• Additional on-site carpark spaces: $10/week each
• Growing demand for affordable accommodation options in Brisbane's tightening rental market
• Strong room rental search data showing consistent increases in demand

Educational & Community Infrastructure

The area benefits from excellent community amenities:

• Quality educational options including Nudgee College and nearby public schools
• Proximity to tertiary education including Australian Catholic University and TAFE Queensland
• Outstanding recreational amenities including Nudgee Beach, Boondall Wetlands, and Nudgee Golf Club
• Major retail centers at nearby Toombul, Nundah Village, and Westfield Chermside
• Comprehensive healthcare services including nearby Prince Charles Hospital
• Appealing natural environment with Moreton Bay access and conservation areas

Development Activity

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

• Brisbane City Council development approvals showing consistent growth
• Airport and industrial corridor expansion creating employment opportunities
• Infrastructure investment supporting property values and accessibility
• Urban renewal focus enhancing neighborhood appeal and amenity

Market Timing Advantage

Current market conditions favor investment entry:

• Rising median rents with significant growth trajectory over recent years
• Strong buyer demand with decreasing days on market
• Vacancy rates at historic lows indicating exceptional rental demand
• Rental listings declining while potential tenant numbers increase
• Growing rental yield curve showing increasing returns for property investors
• Strong population growth in Brisbane's northern corridor

Investment Summary

The 5-bedroom co-living property at 54 Lionel Street represents a premium investment combining immediate strong cashflow with excellent long-term growth potential. The impressive 8.38% rental yield substantially outperforms traditional Brisbane property investments, while the strategic location in one of Brisbane's most accessible and employment-rich areas 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 Nudgee delivers an exceptional opportunity to secure a position in Brisbane's evolving property market with minimal ongoing management requirements and significant income potential.