21 First Street

Holmview QLD 4207

Low Entry Point: Starting from $800k to $950k
High Rental Returns: Rents from $900 per week, offering a 5.7% yield. Co-living homes provide a unique opportunity to tap into a high-demand market, ideal for long-term, cash-positive income.

Critical Market Need: There has been an unprecedented demand for co-living spaces, especially for essential workers and health department staff. The shortage in affordable rentals has led to co-living becoming a go-to solution for tenants, as recently highlighted in a Channel 9 news feature on the rising need for such accommodations.

Diversified Tenant Sources: You can source tenants from hospitals (nurses and staff), elderly accommodation services, or the health department for patients in need of suitable housing.

Flexible Tenant Options: The property can be rented to three same-sex tenants, each paying between $300-$350 per week. Depending on the tenant profile you select, rental guarantees may be available.

This property is designed for privacy and independence while fostering community living. Each of the three master bedrooms comes with its own ensuite bathroom, ensuring that every tenant has their own private space. This setup caters perfectly to co-living tenants who value a mix of communal living and personal privacy, reducing potential conflicts over shared amenities.

Spacious Master Bedrooms: Each room is large enough to accommodate personal belongings comfortably, allowing tenants to create their own personal space.

Ensuite Bathrooms: Privacy is a key feature, with each bedroom having its own ensuite. This is a significant attraction for co-living tenants, as it ensures no sharing of bathroom facilitiesa common issue in traditional shared living arrangements.

Additional Bathroom for Guests: The property also includes an extra bathroom, perfect for guests or visitors, keeping the tenants' private spaces undisturbed.

Modern Features: Fully equipped with air conditioning, heating, and furnished interiors, this property is perfect for tenants seeking convenience.

Why Co-Living?

Co-living properties are designed to cater to modern renters seeking affordable, flexible, and community-based living arrangements. With optimized tenant density, these properties offer higher returns than traditional rentals while maintaining steady occupancy rates. Tenants appreciate all-inclusive features such as bills included, cleaning services, and communal spaces, which boost tenant retention and satisfaction.

With the market continuing to grow in co-living spaces, this is an investment built for consistent returns, minimal vacancies, and turnkey simplicity. Your property will come fully furnished, with solar panels, air conditioning, and managed tenant placement through established platforms like Flatmates.com and direct connections with hospitals and health services.

Don't miss the chance to be part of this thriving market!