190 Sibley Road

With construction being completed just over a year ago, this purpose-built class 1B rooming complex is the ultimate purchase for the discerning property investor. Ultra-modern with 5 self-contained studio units within the complex, all fully-tenanted to 5 separate occupants on rooming leases well into 2026 achieving a superb $114k annual gross rental income. Thoughtfully laid out & sprawled over an elevated 405sqm corner block, there are 2 studio units at the front, one studio unit in the middle and 2 studio units at the back featuring their own direct access. They are all equipped with private living areas, kitchenettes, bathrooms, bedrooms, air conditioning, outdoor spaces and a shared laundry facility. This complex has been paired with stylish furniture and whitegoods which will all be included with the sale of the complex. Have peace of mind knowing there is over 5 years of builders warranty remaining plus reap all the tax depreciation benefits that a near new property of this calibre provides. 4 off-street car spaces are also provided, 2 at the front and 2 at the rear. Conveniently located just a short walk to Lindum station, a short drive to both Wynnum Esplanade and Wynnum Plaza, the location of 190 Sibley Rd, Wynnum West is among one of many reasons that attracts tenants to ensure this complex is consistently leased. By private appointment only, book your inspection with Hero 0439 673 884