High-yield property designed for the sophisticated investor.
Unlock the potential of high-yield property investments
At Altitude Investment Builders, we specialise in constructing Class 1B rooming houses. Rooming houses are an innovative and profitable solution for investors pursuing superior rental returns and long-term investment stability.
Our knowledge and experience in this niche building and construction market, combined with our turnkey services, positions us as a trustworthy partner for savvy investors; investors who are looking to amplify rental returns in the Brisbane and surrounding property market.
Why invest in a rooming house?
Rooming accommodation is not your average property investment, and instead are purposely built properties that offer five (5) private, fully furnished units with kitchenettes, all under one roof (designed for individual tenants). Each tenant gets to enjoy the privacy of their own unit/space while also sharing communal facilities such as a full kitchen and laundry.
This unique design leads to excellent rental yields and supports investors with diversifying their income streams; ultimately, providing an investment that outperforms traditional residential properties.
Key benefits for investors
High Rental Yields
When comparing standard residential properties that typically offer gross yields of around 3-5%, our rooming houses offer gross yields around 9.34% on average (offering rental returns of up to $100,000/year). This makes rooming houses a far more profitable option for property investors.
Diversified Income Streams
With five (5) individual tenants (all on a separate lease), the financial risk for investors is significantly reduced. Even with a 95% occupancy rate, investors can still expect a steady annual income of around $111,000, minimising the impact of vacancy periods.
Turnkey Investment
Our rooming houses have the option of being completely move-in ready with a solar system and all essential amenities, with the added option of a furniture package. This ultimately means no delays in finding tenants and your investment property begins generating income after handover without any delays.
Low Vacancy Rates
Brisbane’s rental market still remains strong, with vacancy rates averaging below 1% in many suburbs. This makes rooming houses extremely appealing to a range of tenants, (i.e., essential workers and young professionals). Ultimately this ensures higher occupancy rates and fewer vacancy gaps for investors.
Tax Benefits
Building a new rooming house makes it eligible for significant tax advantages, including depreciation on construction and furnishings.
Superior Returns on Investment
Compared to traditional properties that tend to net between 2-4% after outgoings, rooming houses can provide net yields of around 7-8%. In addition, capital appreciation in key Brisbane suburbs adds further long-term growth potential to the investment.
Proven expertise in rooming house development
Altitude Investment Builders has successfully built over 160 rooming houses, each designed to maximise rental returns for investors, while also providing comfortable living spaces for individual tenants.
With over 150+ years of combined experience in the construction and investment property sectors, we’ve fine-tuned our process to ensure efficiency and quality at every step.
Ready to build your rooming house investment?
We offer multiple pathways to owning your own rooming house, whether you’re looking to build on your own land, explore a House & Land Package, or purchase a completed property ready for tenants. Our expert team is here to guide you through every step of the process.
Take the next step with Altitude Investment Builders - Brisbane's premier rooming house builder.
Contact us today to learn how you can unlock high-yield, low-risk property investments.
Book a consult with us today to discuss investment opportunities.
