1 Reeman Court, Ellen Grove, Qld 4078

Hugo Alexander is pleased to present this exceptional investment opportunity in Ellen Grove, Brisbane. 
This brand new rooming house will be delivered fully finished. Vendors want a sale prior to completion, settling post completion with all certifications in place.
Purpose built to achieve strong rental income, this Rooming House is uniquely designed in a quiet cul de sac in the western suburb of Ellen Grove. This is a brand new investment property on 400m2 lot. Priced to sell, the property comes with a full furniture package and battery solar system. It is a timber frame home with 5 courtyards and concrete driveway parking for tenants, deep eaves and a lovely gable colorbond roof. Each room will be separately fenced.
Positive cash flow assets with 100% occupancy are typically tightly held assets. Savvy investors will find incredible value in this acquisition. 

Ellen Grove offers a peaceful suburban environment with essential conveniences within walking distance, particularly public transport and a small local shopping centre. For broader amenities—larger shopping centres, schools, or eateries—Forest Lake is just a short drive away. If you'd like help locating childcare, medical centres, and more recreational spots nearby.

Rental Income 
$2000 to $2100 per week. $104,000 to $110,000 p.a. fully leased
Leases from $400 - $425 per week. 

This property features: 
- 400m2 lot in quiet street
- 216m2 low-set build with high ceilings 
- Class 1B certified rooming house
- Solar system with Battery
- 5 individual leases as per 1B certification 
- Furniture and appliances included 
- 5 larger courtyards 
- 6 kitchens 
- 4 car spaces 

Location: 
8 mins to Forest Lake
19 mins from Indooroopilly Westfield
15 mins from DFO Jindalee
10 mins to Redbank Central
22 mins to Westfield Mount Gravatt

Neighbouring suburbs:
Carole Park, Forest Lake, Richlands

Financing a rooming house:
Cash flow positive properties are much easier and more accessible today with competitive finance from a number of lenders such as Liberty, Mortgage Mart, Columbus Capital, Granite and are available through experienced finance brokers.
Leverage cash or collateral in existing properties from 10 to 20% deposit. Call us for a no obligation introduction to a broker that can see if you qualify to buy a cash flow positive asset.

Don't miss out on this great investment opportunity. 

Harry Imam                                          Ravi Gyan
0403 180 092                                       0426 560 756
[email protected]         [email protected]