It seems that Rooming Homes are a hidden secret among Property Developers.

Not many people are familiar with the concept of Rooming Homes and are skeptical about how it can MAKE money.

But that’s the thing! Rooming Homes MAKE money! And it is not that different from leasing out apartments. You don’t need a huge management company to manage your Rooming Home; it is easier than you think. With a rooming house, you can make money via multiple strategies.

In Brisbane, a class 1b Rooming Accommodation is allowed to have 5 studios to be rented out to 5 individuals. Car parking is essential to minimise street traffic and maintain street appeal.

With a Rooming Home, you have the option to hold and replace an annual income or build and sell to other investors. The secret to a Rooming House is that, in the long run, keeping a Rooming House makes more sense . This comes down to getting an annual passive income of more than $30,000, all expenses paid, indefinitely. Alternatively, you could get a healthy $150,000 once-off profit from a sale. The bottom line is that both options will make you money, and the land purchase and construction loan are not a problem.

The average ‘mum and dad’ investor is still buying and leasing out one house at a time. A Rooming house is at least 250% of the income of renting an ordinary home. It just makes sense.

Now the biggest question of all: Are YOU going to do it?

If you're planning a rooming house project in Australia, it's important to make sure that you prioritize serviceability to keep things running smoothly. And, if you want to save yourself some time and money, it's a good idea to get the right people involved. You'll want to find experienced professionals who know what they're doing when it comes to rooming house development. With their help, you can make sure that your project is completed efficiently and to a high standard. By focusing on serviceability and working with skilled pros, you can create safe, functional, and attractive living spaces that meet the needs of your residents.

We at Mateo Group are focused on affordable housing options for Queenslanders. We aim to share opportunities in this space with like-minded investors and to help solve the housing crisis, one studio at a time. If you wish to be a part of this journey, contact us at admin@mateogroup.com.au or use the link on the top right corner!