3/131 Evenwood Street,
Coopers Plains 4108, Queensland

Thank you for taking the time to review this property opportunity and consider the opportunity to invest in high-yield residential property. This is a brand new rooming house that is approved and certified to have 5 separate leases. The house and land package comes in at $1,432,910 including all GST, drafting, engineering, council fees and site costs.

What is a rooming house?
Suburban home that is approved by council to have 5 independent suites that each lease to single fully employed adults. Each suite is a micro apartment with ins own living room, bedroom, ensuite, kitchenette, out door courtyard. Tenants share a communal kitchen, laundry and car parking and common entry. The rooms all have electronic locks with pin codes for convenience and safety. Each suite is a micro apartment that leases for at least $450 per week. The home has a large solar system on the roof so power costs are ultra low.

Rental income
$500 x 5 per week, circa $130,625 per annum gross
Return on investment 9.1%

Out goings
13 to 15% if property managed
6 to 7% if self managed

Commencement: Approximately July 2026 (Land is being registered very soon)
Completion: 7 to 8 months post settlement of land contract

Building spec
Designed and Built by an established and well respected Investment Builder in the Rooming Nice.
Termite resistant steel frame, concrete slab on ground, 2550mm ceilings, colorbond roof, gutters, PVC down pipes, 13.3KW Solar, Fans and Air conditioning each suite, tiled ensuites, carpet to all bedrooms, hybrid timber floors to all living rooms, electronic locks each suite and front door, security screened doors and windows, Fibre Cement sheet clad exterior, H3 timber fencing, hard scaping, concrete driveway and land scaping, LED down lighting, plaster walls interior

Land price - $800,000
Build price - $632,910
stamp duty + transfers- $27,842
Furniture - $32,000
Bank Valuation - $2,500
Finance Broker's fees - $1,500
Legal Conveyancing - $1,700
Value prior to completion $1,432,910
Value post completion $1,600,000
Post construction equity $167,090

Gross income pa $125,220pa
Net income pa $106,550 - $108,940

Area characteristics Brisbane
Brisbane continues to emerge as one of Australia's strongest residential investment markets, driven by population growth, infrastructure expansion, affordability, and increasing rental demand across key suburbs.
Many Brisbane suburbs offer an attractive balance of lifestyle, connectivity, and long-term capital growth potential, making them highly desirable for tenants. With ongoing investment in transport, education, health precincts, and commercial development, the city continues to experience strong economic and demographic growth.
As South East Queensland continues to grow in the lead-up to major infrastructure delivery and the 2032 Olympic Games, Brisbane remains well positioned as a resilient and high-performing market for residential property investment.

Undersupply drives increasing demand for rooming leases
42.6% of our population are single, non defacto, not married. Less than 3% of all rentals are 1 bedroom. Rooming are new, spacious, furnished and very convenient with bills included and consistently sought after by tenants. The demand in this niche is consistent, strong and reliable.

Affordable rents
Single tenants typically pay $400 to $460 per week in the Brisbane Suburbs and Ipswich. Servicing the most affordable segment of the market means low volatility in market corrections. People simply will always need basic accomodation.

Yield performance vs traditional residential assets
Rooming is meaningfully higher gross yield than traditional 1-lease residential. With a solid number of rooming leases on offer across Brisbane (north, south, east and west), Ipswich, Moreton Bay and Logan. Rentals by effective property managers are consistent and see low vacancy.
Investors are likely to see 2 - 3 times standard dwelling investments with gross yeilds in 7.6% to 8% and above.

For a meeting to discus further please call
Harry Imam 0403 180 092 harry.imam@raywhite.com
Ravi Gayan 0426 560 756 ravi.gayan@raywhite.com

Disclaimer: All information provided has been obtained from sources we consider reliable; however, we cannot guarantee its accuracy. Buyers are encouraged to conduct their own investigations and seek independent advice where necessary.