22A Wakley Street
Acacia Ridge, QLD 4110

This rare high yield rooming house is located in the highly sought after suburb of Acacia Ridge, Queensland. It presents an exceptional investment opportunity for savvy investors seeking strong rental returns and capital growth within the Brisbane City area.

The property is a fully furnished luxury rooming accommodation featuring five individual suites. Each suite is designed with its own bathroom, living area, and kitchenette, providing privacy and comfort for tenants. This setup maximizes rental yield and ensures a turnkey ready investment with high occupancy rates.

Historically, the property has maintained over 95% occupancy annually, with rental income showing consistent growth year on year. The current total rent is approximately $1,950 per week, equating to around $101,400 per annum, highlighting the strong income potential of this asset.

The property sits on a land size of 505 square meters with a building area of 202 square meters. It includes several key features that enhance its appeal and functionality:

• Ground floor common area kitchen
• Shared laundry facilities
• Five bedrooms, each with its own living area
• Five bathrooms
• Five courtyards providing outdoor space for tenants

Additional features include outdoor areas such as courtyards and fully fenced grounds, offering open spaces for tenant use. Indoor amenities include ensuites, built-in robes, living areas, toilets, and air conditioning to ensure comfort throughout the year.

The property is also equipped with solar panels, contributing to high energy efficiency and reduced running costs, making it an environmentally friendly and cost-effective investment.

This rooming house is a rare find in the current market and offers a unique opportunity for investors looking to secure a high-yielding, well-maintained property in a prime location. Interested parties are encouraged to submit enquiries or request viewings to explore this exceptional investment further.