1-5/23 Burke Street
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About this property
Purpose-built for the future of residential investment, this exceptional 5-apartment co-living property offers one of Ayr's strongest cashflow opportunities. Designed as a modern rooming house with private micro-apartments, this asset delivers multiple rental streams, high tenancy demand, and consistent positive gearing. Situated on a 691m² block, each micro-apartment features private access, individual courtyards, and secure key-lock entry - ideal for single professionals, regional workers, or those seeking flexible, cost-effective living. With rooming houses rapidly emerging as one of Australia's most resilient high-yield investment models, this property stands out as Ayr's first of its kind - already fully operational, compliant, and income-producing. Live in one apartment and enjoy four additional income streams, or lease all five for maximum yield. Key Features · 5 fully self-contained micro-apartments under one roof · 8.68% gross yield based on the asking price - exceptional performance compared to traditional residential investments · Strong occupancy history and high local demand · Multiple income streams - significantly outperforming standard rentals · Fully compliant with rooming house safety and operational standards · Private courtyards + secure key-lock entry for each apartment · Ideal for single professionals, regional workers, and flexible living arrangements · Positive cashflow model with consistent monthly returns · Professional management available for passive or interstate investors · A cost-effective, future-proofed investment model · Full financials available upon request A rare opportunity to secure a high-yield, low-maintenance investment with strong demand and exceptional cashflow performance. Contact Raine & Horne Ayr on (07) 4783 5695 to discuss further. "This Office and its Agent provide no guarantees or undertakings concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence"...
Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 5
- Bathrooms
- 5
- Parking
- 2
- Land Area
- 691 m²
- Listed
- 2 weeks ago
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Neighbourhood
Living in Ayr
This 5-bedroom apartment in Ayr, QLD 4807 sits within reach of public transport, local shops and nearby schools. It is listed 118% above the $459,000 median of 75 comparable apartmentswithin 5 km.
Schools near Ayr
- Burdekin Christian Collegecombined · Prep-12 · CoEd
- Burdekin Schoolcombined · Prep-12 · CoEd
- Ayr State Schoolprimary · Prep-6 · CoEd
- East Ayr State Schoolprimary · Prep-6 · CoEd
- Ayr State High Schoolsecondary · 7-12 · CoEd
- Burdekin Catholic High Schoolsecondary · 7-12 · CoEd
What's nearby
- Ayr (bus) — 901 m away
- Tosh's Convenience Store — 311 m away
- Gainsborough Park — 491 m away
- Ross Street Park — 792 m away
- Chippendale Street Park — 1.0 km away
Ayr at a glance
Full suburb profile- Population
- 8,603
- Median age
- 44
- Household income
- $1,246/wk
- Median rent
- $230/wk
- Median mortgage
- $1,213/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Ayr price trend
Median sold · House 3 bed
Compound growth +16.8% / yr over 4 yrs
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Price history
Listing price changes
1 price change recorded for this property
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