4 Bellamy Street

Brand new and currently vacant, this high quality rooming house is positioned in one of Brisbane's most in-demand rental markets. Ready for tenants from day one, it offers strong, consistent income potential along with significant depreciation benefits for the right buyer. High-growth location, quality construction, and a perfect setup for an investor looking to secure strong rental returns make this a genuinely rare find in today's market. Premium inclusions: - 15kW solar system, reducing operating costs and improving yield - 3.4kW reverse-cycle air conditioning in every room - Kitchens and kitchenettes with quality appliances and stone benchtops - Security screens and roller blinds to all doors and windows - Semi-solid core internal doors with acoustic insulation between rooms for genuine sound separation - High quality furniture package included, boosting tenant desirability Positioned for long-term growth and tenant demand: - Multiple bus stops within a few minutes walk - Banoon Train Station a 10-minute drive away (5.9km) - Elizabeth St Shopping Centre, home to an IGA and a range of shops, a 2-minute walk away (200m) - Located near one of Brisbane's largest industrial precincts, offering tenants close proximity to a wide range of local employment - Easy access to the Ipswich Motorway and Beaudesert Road, keeping commute times low for tenants working across southern Brisbane's industrial and commercial hubs What is a rooming house, and why Brisbane? Rooming houses are a relatively new but fast-growing rental option in Brisbane, currently making up around 3% of the city's rental market. Each property typically holds five fully furnished, individually leased micro-apartments, with a bedroom, living area, kitchenette and bathroom in each, and utilities included for tenant convenience. Occupants are usually young professionals or older single tenants. Completed rooming houses rarely reach the open market. Limited affordable land and strong, reliable cash flow mean most owners hold them long term, which keeps quality stock in short supply. Upcoming Brisbane City Council legislation is set to tighten the approval and construction requirements for new rooming accommodation, slowing the flow of new stock considerably. As supply tightens and tenant demand holds firm, securing an established, income-producing rooming house now means access to a larger and more concentrated tenant pool down the track. The window to enter this market before competition intensifies is closing, and for investors who move early, the long-term position is a strong one.