Read the transcript
Most investment properties collect one rent. This one collects five.
A standard new investment house yields about 6.2 percent, from a single tenant.
If that tenant leaves, the income is zero until someone new moves in.
This is a rooming house. One property, on one title, divided into five self contained studios.
Each studio has its own bedroom, bathroom and kitchenette, its own tenant, its own agreement.
Brand new, purpose built, to Class 1B. Not a share house, not a subdivision.
One title, one loan, one insurance policy. You buy once, and you collect five times.
Five studios sit closer to 8 percent, and one vacancy costs a fifth of the income.
Tenants are working singles, pensioners, and people on fixed incomes, where the rental shortage runs deepest.
South East Queensland packages start at $1.3 million, on indicative gross yields near 8 percent.
Victoria is the cheapest way in. Ballarat, from $745,500.
A specialist manager runs tenant selection, cleaning and compliance, the RTRA in Queensland, licensing in Victoria.
You hold one title and receive one statement. Outgoings are higher, and yields are quoted gross.
One title, five rents. Current packages are at elite wealth creators dot com slash rooming houses.
Want this applied to your own numbers?
Book a 15 minute call