17 Hemmant Tingalpa Road

A rare opportunity for the astute investor to secure this class 1B Rooming Complex in Hemmant. Presented to the market for the first time, this complex features 5 self-contained, fully-tenanted studio units achieving a staggering $115k gross rental yearly income. Each studio is fully-furnished with tasteful furniture and is all included with the sale of the complex. Featuring one extra large studio downstairs plus 4 studios upstairs, they are all equipped with open-plan living areas, kitchenettes, private bathrooms, bedrooms, air conditioning, outdoor spaces and a shared laundry facility. Positioned on a 405sqm parcel and includes 2 lock up garages + an additional 2 off-street car spaces. Each of the 5 studios are consistently rented, very minimal vacancy rates and strongly appeal to tenants working at the Ampol refinery and surrounding work places on Lytton Rd. This complex also has the possibility to convert to a spacious 5 bedroom home in future (STCA). Situated a stones throw from Hemmat train station plus the added benefit of being located near the Gateway Motorway and Brisbane Airport. By private appointment only, book your inspection with Hero 0439 673 884.