177 Scarborough Street, Southport, Qld 4215

Emilio Ciavarella from RWC Burleigh Group presents this exclusive portfolio offering a rare opportunity to acquire three meticulously managed Level 1 Residential Service facilities within the Rooming Accommodation sector. Strategically located across the highly sought-after Northern Gold Coast suburbs of Southport and Labrador, this offering allows investors to capitalise on Australia's critical housing shortage and the surging demand for quality rooming accommodation in prime urban areas. This sensational opportunity is offered for sale individually or together in-one-line. Significant value-add potential, do not miss this fantastic opportunity!

KEY INVESTMENT HIGHLIGHTS:
•  Providing a total of 106 bedrooms with unparalleled access to facilities, services, and employment hubs.
• Established & Proven Operations: Each property operates as a Registered and Accredited Level 1 Residential Service, offering permanent Single Room Occupancy (SRO) . Fostering long-term tenancies, with average stays exceeding 6 years, and some over 20 - 30 years under periodic terms.
• Robust Market Demand: The current market demonstrates significant demand for affordable rooming accommodation, making this a highly resilient and sought-after investment class.
• Significant Upside Potential: The existing building designs offer inherent flexibility for easy conversion and expansion to Level 2 (Accommodation + Medication Administration) or Level 3 (Accommodation + Medication + Meals) Residential Services, presenting clear avenues for increased revenue.
• Beyond current operations, opportunities exist for diverse accommodation models including Crisis, NDIS, Dormitory/Single Room mix, Student, Backpacker, Affordable Retirement Care, Youth Accommodation, and Supported Independent Living.

PORTFOLIO OVERVIEW:

1. Devonia Villa
• Address: 177 Scarborough Street, Southport
• Rooms: 18 rooms plus manager's accommodation
• Land Area: 829sqm*
• Construction: Cavity Brick and Concrete, built 1989
• Contact me directly for current and projected income details

2. Brett Lodge
• Address: 8 Brett Avenue, Labrador
• Rooms: 48 rooms plus manager's accommodation
• Land Area: 1215sqm*
• Construction: Cavity Brick and Concrete, built 1993
• Contact me directly for current and projected income details

3. Costa D'Oro
• Address: 60 Queen Street, Southport
• Rooms: 40 rooms plus manager's accommodation
• Land Area: 720sqm*
• Construction: Cavity Brick and Concrete, built 2006
• Contact me directly for current and projected income details.

This portfolio represents a secure investment with strong current returns and significant future growth potential within a supply-constrained market. When you enquire please advise if you are interested in all three or an individual property. This is a sensational opportunity that is being offered for sale individually or together in-one-line. Significant value-add potential, do not miss this fantastic opportunity!

These properties will be offered for sale via an Online Auction, to be held on Friday, 8th August at 12:00pm.

For further information or to arrange a private inspection, please contact the exclusive marketing agent Emilio Ciavarella.

* Approximately.

Disclaimer: Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers/lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advice or as is otherwise necessary. No duty of care is assumed by 'The Collective Commercial Pty Ltd' trading as Ray White Commercial Burleigh Group towards the recipient with regard to the use of this information and all information given is given without responsibility. Visit RWC BURLEIGH GROUP for tips on Gold Coast Commercial Real Estate Gold Coast, Burleigh Heads Commercial Real Estate, Burleigh Waters Commercial Real Estate, Carrara Commercial Real Estate, Coolangatta Commercial Real Estate, Currumbin Commercial Real Estate, Tweed Heads Commercial Real Estate, Helensvale Commercial Real Estate, Arundel Commercial Real Estate, Biggera Waters Commercial Real Estate, Bundall Commercial Real Estate, Gold Coast property or any of the following suburbs to know more about the commercial market in these areas: Advancetown, Alberton, Arundel, Ashmore, Austinville, Benowa, Biggera Waters, Bilinga, Bonogin, Broadbeach, Broadbeach Waters, Bundall, Burleigh Heads, Burleigh Waters, Carrara, Cedar Creek, Clagiraba, Clear Island Waters, Coolangatta, Coombabah, Coomera, Currumbin, Currumbin Waters, Currumbin Valley, Elanora, Gaven, Gilberton, Gilston, Guanaba, Helensvale, Highland Park, Hope Island, Hollywell, Jacobs Well, Kingsholme, Labrador, Lower Beechmont, Luscombe, Main Beach, Maudsland, Mermaid Beach, Mermaid Waters, Merrimac, Miami, Molendinar, Mount Nathan, Commercial Property, Real Estate Investment, Property Development, Commercial Real Estate, Property Management, Investment Property, Real Estate Development, Real Estate Investing, Real Estate Broker, Real Estate Agent, Australian Real Estate, Property for Sale, Office Space, Retail Space, Industrial Property, Commercial Land, Commercial Building, Property Investment, Investment Opportunity, Development Opportunity.