21 Albert St, Rocklea QLD 4106, Australia
Don’t miss this opportunity to purchase a great cash flow investment with loads of potential growth in Brisbane’s Southwest corridor. On offer is a 10 bed rooming accommodation facility spread over 2 impressive purpose-built accommodation buildings on a flat 1012m2 block.
Each building has 5 attractive fully furnished rooms with spacious common living areas, dining spaces, fully equipped kitchens and separate laundry utility facilities. All rooms are fully tenanted. Each room includes a bedroom with built-in robe, ensuite, balcony, food preparation area, air-conditioning, ceiling fans and separate lounge/study area, as well as an allocated private covered carpark.
Both securely gated contemporary buildings are immaculate, with modern and luxurious finishes built just 6 years ago. This accommodation is suited to a range of tenants including professionals and students looking for affordable community-style living. Griffith University is within a 6km radius, making 21-23 Albert Street convenient for this university. With the cost of housing on the rise, this property will be in high demand especially given the easy access to the Ipswich Motorway and the CBD.
21-23 Albert Street is ideally positioned with the following local amenities assured to entice tenants.
– Sherwood shops and Woolworths (2.7 km)
– Rocklea Markets (600m); Indooroopilly Shopping Centre (6.9 km); Sunnybank Plaza (6.3km); Westfield Mt Gravatt (7.8km)
– Brisbane Golf Club (2.7 km); Qld Tennis Centre (3.5 km); Bowls Club (3.8 km)
– Good transport: buses (10-min walk); train station (3.1 km)
– Walking distance to local cafs and restaurants (under 1km)
– Brisbane City (7.5 km); Queen Elizabeth II Jubilee Hospital (4.7km)
And this is just the beginning! The location of this investment is also brimming with future potential as the Rocklea Train Station is currently being rebuilt as part of Cross River Rail’s station upgrade program. Potentially this could lead to a strong value increase as well as the stimulation of further local developments. “Yeerongpilly Green” (less than 2km away) is also currently under construction and will be Brisbane’s new riverside urban village, bringing potential for further growth to the area and the possibility of future elevated return on investment.