FOR SALE
Offers over $1,450,000

39A Alderwood Street
Acacia Ridge QLD 4110

Bedrooms: 5
Bathrooms: 5
Car spaces: 3
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$117,000 Rental Income. Australia’s most lucrative residential investment opportunity. New purpose-built luxury rooming house

Positive cash flow, high depreciation, and excellent capital growth. You simply won’t find a better-performing residential investment than the brand-new “Biarritz” executive Rooming Accommodation House.
Augmented by Brisbane’s current rental crisis, the demand for premium affordable accommodation has created this rare high-net-income investment opportunity. ($117,000 per annum/$2250 per week gross*)
These five deluxe fully serviced and equipped studios are some of the largest available in Brisbane. Popular amongst tenants seeking stylish private facilities at a more accessible cost than apartments, they also offer the convenience of one rental payment covering all accommodation, furnishings, utilities, internet, and car parking.
Selected for its broad lifestyle appeal, the property’s quiet yet central location is within easy walking distance of cafes, restaurants, supermarkets, medical centres, parks, schools, and transport offering a swift commute to the CBD.
Set on a prime 380sqm land parcel in an area experiencing sustained capital growth, investors will benefit from low vacancy rates and excellent tax depreciation of over $20,000 per annum for the first 10 years.
Add to this the quality build (featuring solid concrete slab, excellent acoustic and thermal insulation, Colourbond roof and fences along with simple landscaping), to secure a high cash-flow-investment property promising longevity and minimal maintenance.
Property Highlights:
-5 separately leased studios managed by expert Rooming Accommodation Managers
-Each luxury studio boasts large private internal and external living areas of 36m2 to 69.8 m2
-All encompass a kitchenette, ensuite, robe/storage, alfresco entertaining balcony or courtyard
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Property Details for 39a Alderwood St, Acacia Ridge

39a Alderwood St, Acacia Ridge is a 5 bedroom, 5 bathroom BlockOfUnits with 3 parking spaces. The place is currently for sale with Hugo Alexander Property Group.

Building Type
BlockOfUnits

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About Acacia Ridge 4110

The size of Acacia Ridge is approximately 8.6 square kilometres. It has 16 parks covering nearly 5.8% of total area. The population of Acacia Ridge in 2011 was 6,944 people. By 2016 the population was 7,439 showing a population growth of 7.1% in the area during that time. The predominant age group in Acacia Ridge is 20-29 years. Households in Acacia Ridge are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Acacia Ridge work in a trades occupation. In 2011, 52.9% of the homes in Acacia Ridge were owner-occupied compared with 49.6% in 2016.

Acacia Ridge has 3,979 properties. Over the last 5 years, Houses in Acacia Ridge have seen a 112.34% increase in median value, while Units have seen a 97.16% increase. As at 30 November 2024:

  • The median value for Houses in Acacia Ridge is $804,009 while the median value for Units is $628,057.
  • Houses have a median rent of $540 while Units have a median rent of $420.
There are currently 15 properties listed for sale, and 22 properties listed for rent in Acacia ridge on OnTheHouse. According to CoreLogic's data, 177 properties were sold in the past 12 months in Acacia ridge.

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Harry Imam
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Hugo Alexander Property Group
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