


"Solid 5-Bedroom Rooming House in Thornlands with 8.5% Yield"
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Investment Highlights
This 5-bedroom, 5-bathroom turnkey rooming house in Thornlands offers a projected gross rental income of up to $107,078.40 annually with an indicative yield of approximately 8.5%. Designed for steady, long-term investment performance, it blends premium fit-outs with high demand location fundamentals.
Financial Performance
Strong passive income opportunity with low vacancy risk:
- Estimated yield: 8.5% (based on $412/week across 5 rooms)
- Projected annual gross income: $99,071.51 – $106,892.94
- Detailed weekly rent range: $380 – $412 per room
Complete Turnkey Package
A ready-to-rent package with premium inclusions for tenants and landlords:
- High-density wall insulation, solid core studio doors and LED lighting
- Reverse-cycle air-conditioning, solar power (13kW), and dual hot water systems
- Digital door locks, ceiling fans, tiled shower niches and modern vanity units
- Concrete paths, driveways, patios and 120m² of landscaping
Prime Location
Located in Thornlands, a coastal growth suburb within Redland City. This area shows excellent tenant demand with low vacancy rates and steady price growth, supported by proximity to retail centres, public transport, and schools.
Property Specifications
Feature | Details |
---|---|
Address | LOT 1, 5 Abbotsleigh Street, Thornlands, Queensland |
Price | $1,255,992.00 |
Land Size | 412m2 |
House Size | 200m2 |
Bedrooms | 5 |
Bathrooms | 5 |
Car Spaces | 3 |
Rental Yield | 8.5% |
Annual Income | $107,078.40 |
Build Contract | $635,992 |
Land Contract | $620,000 |
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