358B Zillmere Road, Zillmere, QLD 4034 sold on 06 October 2026 | OnTheHouse
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Sold on 06 Oct 2026 for $1,475,000

358B Zillmere Road
Zillmere QLD 4034

Bedrooms: 5
Bathrooms: 5
Car spaces: 2
Land area: 337m2
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Property Details for 358b Zillmere Rd, Zillmere

358b Zillmere Rd, Zillmere is a 5 bedroom, 5 bathroom Unit with 2 parking spaces. The property has a land size of 337m2. While the property is not currently for sale or for rent, it was last sold in October 2026. There are other 5 bedroom Unit sold in Zillmere in the last 12 months.

Building Type
Unit
Land Size
337m2
Local Government
Brisbane
Lot/Plan
1/SP334175

Last Listing description (October 2026)

A rare, high-yield investment opportunity from Brisbanes leading Rooming House specialists.

Purpose-built in 2025 and designed specifically for the premium rooming accommodation market, this exceptional property combines strong cash flow, significant tax depreciation and outstanding tenant appeal in one of Brisbanes most tightly held investment sectors.

Generating $118,560 per annum ($2,280 per week)* in gross rental income and an impressive $91,733 net income*, the property offers investors an opportunity to secure a modern, low-maintenance asset purpose-designed to maximise both rental income and long-term investment performance.

Brisbanes ongoing rental shortage continues to drive strong demand for high-quality, affordable private accommodation. These five deluxe, fully furnished studios provide tenants with their own private facilities while offering a more accessible alternative to traditional apartment living.

The all-inclusive rental model provides exceptional convenience, with one weekly payment covering accommodation, quality furnishings, utilities and internet. This combination of privacy, affordability and convenience supports consistently strong tenant demand and contributes to the property's low vacancy profile.

A Purpose-Built Investment Designed for Performance
Each of the five generously proportioned studio-style suites has been thoughtfully designed for the rooming accommodation market and features:
- Private ensuite
- Kitchenette
- Split-system air conditioning
- Quality furnishings
- Internet
- Separately leased accommodation

The property is certified and compliant as Class 1b Rooming Accommodation, providing investors with a purpose-built asset rather than a conventional property adapted to the rooming house market.

Positioned on a 337sqm land parcel, the property also benefits from a quality, low-maintenance construction including a solid concrete slab, excellent acoustic insulation, Colorbond roofing and timber fencing, and simple, durable landscaping.

Strong Cash Flow + Significant Depreciation
Investors will benefit from an exceptionally attractive combination of income and tax advantages, including:
- $118,560 gross rental income per annum*
- $91,733 net income per annum*
- 13.3kW solar system designed to significantly reduce electricity costs
- Over $20,000 per annum in estimated tax depreciation for the first 10 years
- Near-new construction minimising ongoing maintenance requirements
- Strong tenant demand and low vacancy

Professionally Managed by Brisbane Rooming House Specialists
The property is professionally managed by Hugo Alexander Property Group, Brisbane's leading specialist in Rooming Accommodation.

With extensive experience in the rooming house sector and a proven track record managing high-performing rooming accommodation assets, investors can benefit from specialist management designed specifically around maximising occupancy, rental income and long-term performance.

Property Highlights:
- One of Brisbane's best-performing, highest-grossing Rooming Accommodation investments
- Purpose-built in 2025
- Five separately leased, generously sized studio-style suites
- Certified and compliant Class 1b Rooming Accommodation
- Private ensuite and kitchenette to every studio
- Split-system air conditioning
- Fully furnished and equipped
- High-quality, durable furnishings
- 13.3kW solar system
- Low-maintenance construction and landscaping
- Professionally managed by Hugo Alexander Property Group
- Strong tenant demand and extremely low vacancy
- All-inclusive rental model covering furnishings, utilities and internet
- Rarely available investment asset in a tightly held sector

Prime North Brisbane Location
Located in Zillmere, approximately 14km north of the Brisbane CBD, the property is surrounded by an extensive network of retail, employment, education, medical, transport and recreational amenities.

Residents enjoy easy access to cafes, restaurants, supermarkets, schools, parks and public transport, while major destinations including Westfield Chermside, Aspley Hypermarket and Taigum Square are all within a short drive.

Zillmere forms part of Brisbane's established and growing northern corridor, with continued residential development and infrastructure investment across Carseldine, Fitzgibbon, Taigum and surrounding suburbs.

The area is evolving from predominantly established housing toward a broader mix of townhouse and medium-density development, supporting continued population growth and strengthening the suburb's long-term residential appeal.

Ongoing investment and improvements throughout the Beams Road corridor are further supporting connectivity and the continued growth of Brisbane's northside.

Key Distances:
- Westfield Chermside: 3km
- The Prince Charles Hospital: 5km
- St Vincent's Private Hospital Northside: 4.5km
- Gateway Motorway: 3km
- Brisbane Airport: 15km
- Brisbane CBD: 14km
- Aspley Hypermarket: 3.5km
- Taigum Square: 2km
- Gympie Road: 2.5km
- Sandgate Road: 1km

A Rare Opportunity in a Tightly Held Investment Sector
Rooming houses continue to attract strong investor demand due to their combination of high rental yields, strong tenant demand, tax depreciation and potential for long-term capital growth.

Purpose-built, near-new properties of this quality and income profile are particularly difficult to secure, with many high-performing rooming houses tightly held by investors due to their strong cash flow.

This is a rare opportunity to acquire a high-income, purpose-built Rooming Accommodation asset in Brisbane, professionally managed by specialists who understand the sector and know how to maximise its performance.

To receive a copy of the Information Memorandum or arrange a private inspection, contact Adam Nobel on 0417 007 001.

* When fully leased.

Property History for 358b Zillmere Rd, Zillmere, QLD 4034

A timeline of how this property has performed in the market
Last Sold
$1,475,000
06 Oct 2026
Listed for Rent
$450/w
24 Jun 2026
  • 06 Oct 2026
    Sold for $1,475,000
  • 24 Aug 2026
    Listed for Sale Offers Around $1,500,000
  • 09 Jun 2026
    Listed for Rent $450 / week
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About Zillmere 4034

The size of Zillmere is approximately 3.6 square kilometres. There are 9 parks, covering nearly 12.6% of the total area. The population of Zillmere in 2016 was 8967 people. By 2021 the population was 9323 showing a population growth of 4.0% in the area during that time. The predominant age group in Zillmere is 30-39 years. Households in Zillmere are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Zillmere work in a professional occupation.In 2021, 44.60% of the homes in Zillmere were owner-occupied compared with 42.20% in 2016.

Zillmere has 4,633 properties. Over the last 5 years, Houses in Zillmere have seen a 62.35% increase in median value, while Units have seen a 125.99% increase. As at 30 September 2026:

  • The median value for Houses in Zillmere is $999,557 while the median value for Units is $754,446.
  • Houses have a median rent of $665 while Units have a median rent of $600.
There are currently 24 properties listed for sale, and 25 properties listed for rent in Zillmere on OnTheHouse. According to Cotality's data, 168 properties were sold in the past 12 months in Zillmere.

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.