10 Dorloo Street, Deagon, QLD 4017

Hugo Alexander is pleased to present this exceptional investment opportunity in Deagon, Brisbane.

Purpose built to achieve strong rental income, this Rooming House is uniquely designed and backs onto a large bushland reserve. This is a brand new property on an exceptional 2881m2 lot.

Positive cash flow assets with 100% occupancy are typically tightly held assets. Savvy investors will find incredible value in this acquisition.

Rental Income

$1960 per week. $102,410 p.a. fully leased

Leases from $380 - $425 per week.

This property features:

- Spacious 2881sqm lot on nature reserve

- 216m2 low-set build with high ceilings

- Quiet street location

- Class 1B certified rooming house

- 13.3kw solar system

- 5 individual leases

- Furniture and appliances included

- 5 larger courtyards

- 6 kitchens

- 4 car spaces

Location:

Deagon is 18km north of Brisbane's City centre and 8km to Chermside Westfield and easy access to the Brisbane Airports. This property is located on a quiet street and close to a number of shopping and food precincts.

Locals love the area for its quiet, suburban lifestyle, hidden cafes, proximity to the ocean and transport connectivity.

Neighbouring suburbs:

Taigum, Fitzgibbon, Boondall, Sandgate, Bracken Ridge

Financing a rooming house:

Cash flow positive properties are much easier and more accessable today with competitive finance from 6.99% with lenders such as Liberty, Mortgage Mart, Columbus Capital, Granite and are available through experienced finance brokers.

Leverage cash or collateral in existing properties from 10 to 20% deposit. Call us for a no obligation introduction to a broker that can see if you qualify to buy a cash flow positive asset.

Don't miss out on this great investment opportunity.

Contact Harry Imam on 0403 180 092 or [email protected] for further information.