Address available on request, Coopers Plains, QLD 4108
$1,428,749 · PRICE REDUCTION · Code 1238
- Land
- 450 m²
- Building
- 200 m²
- Yield
- 8.5%
- Weekly rent
- $2,380/wk
$1,428,749
PRICE REDUCTION · Code 1238
Micro-apartment rooming house — 5 self-contained suites on one Coopers Plains block
COOPERS PLAINS — Rooming house micro-apartments, 2 lots to be built. Land 450 m², building 200 m². Yield 8.5%, Rent pw $2,380 and Rent pa $121,380. 3-year rental guarantee potential. Address available on request. Price reduction — now $1,428,749.
Each of the five apartments is to be fully furnished, with a separate bedroom, mirrored wardrobe, compact kitchenette, and dining area. All suites are self-contained with a private bedroom, ensuite, living area, and kitchenette, plus split-system air conditioning. Shared facilities include a kitchen and a laundry.
Every tenant has their own private, lockable micro-apartment — no sharing — close to the train, Griffith University, QEII Hospital, and Westfield Mt Gravatt.
Investment highlights
- Positive cash flow: substantial positive cash flow from day one when fully rented.
- High-yield investment: 8.5% with annual gross income of $121,380.
- Two lots to be built, each with five self-contained rooms.
- Property management: full-service management at a 4.4% total fee from completion of the build.
- Features: air conditioning, broadband, built-in wardrobes, solar hot water, solar panels, courtyard, fully fenced. Building size 200 m². Carport for 3. Living areas: 6.
Coopers Plains location & lifestyle
- Coopers Plains train station on the Beenleigh line, with services to central Brisbane.
- Minutes to QEII Jubilee Hospital and Griffith University.
- About a 5-minute drive to Westfield Mt Gravatt.
- Close to major roads, including Beaudesert Road and the Ipswich Motorway.
- Nearby industrial and healthcare employment, including the Translational Research Institute.
Our agency endeavours to maintain the highest level of accuracy in all our listings. However, all information is provided “as is,” with no guarantee of completeness, accuracy, or timeliness. Prospective buyers should independently verify all information before relying on it or making any decision.
