To enquire, please email or call 1300 815 051 and enter code 4144
Looking for an incredibly affordable entry point into the Brisbane property market?
Whether you are a first-home buyer looking to escape the rent trap or a savvy investor hunting for a high-yield asset, this purpose-built co-living property at 97 Sherwood Road, Rocklea offers unmatched value.
For just $250,000, you are purchasing a legally secured 16.7% share (Tenants in Common) of a modern, well-built 6-bedroom home, giving you absolute and exclusive ownership of your own private sanctuary.
What You Are Purchasing
• Your Private Suite: A spacious, light-filled 1-bedroom with a private, attached ensuite bathroom and built-in wardrobes.
• Dedicated Parking: 1 allocated car space on-site.
• Shared Premium Amenities: Full access to a large, open-plan communal kitchen, dining area, lounge, and laundry facilities.
• Low-Cost Living: Smart utility management where electricity, water, and internet bills are split proportionally among residents.
INCREDIBLE INVESTMENT YIELD or OWNER OCCUPIER PERKS
• For Owner-Occupiers ($0 Deposit Option Available):
Stop paying off someone else's mortgage.
• For Investors (High Rental Return):
Individual suites in this property attract exceptional rental demand.
Rooms currently command $270/week net rent ($300–$310/week gross including utilities), delivering a highly competitive, resilient yield well outperforming standard units.
• Built-In Protection: Under the well-managed shared housing structure, if a room ever sits vacant, the management subsidises that room's rent for financial peace of mind.
UNBEATABLE LOCATION & CONNECTIVITY
Positioned perfectly within 10km of the Brisbane CBD, everything you need is right at your doorstep:
• Commuter's Dream: Short walk to local bus stops (<400m) and the Rocklea Train Station (1.2km) for effortless and cost-effective CBD transit.
• Minutes to Amenities: 2-minute drive to the vibrant Brisbane Markets and just 5km to major shopping hubs including Coles and Woolworths.
• Top Suburb Demand: Rocklea features a critically low vacancy rate of ~1.05%, ensuring your asset is always in high demand.
Don't let the Brisbane price surge lock you out of the market.
Secure a modern asset, enjoy complete privacy, and capitalise on a growing co-living trend.
Contact the agent today to arrange a private inspection.
FOR SALE – 1 Bed | 1 Bath | 1 Car
16.7% Ownership Share – Tenant in Common | Title Price: $250,000
A rare opportunity to purchase one private room in a purpose built 6-bedroom 7-bathroom, 6 carpark co-living home, held under a Tenants in Common (TIC) title structure.
SHARED COMMON AREA
• Large kitchen
• Spacious living and dining areas
• Laundry
• Outdoor spaces
• 7th Bathroom / Toilet in downstairs
• Large common areas in downstairs
ABOUT THE PROPERTY
Built in 2006 on a 498 m² block, the home—named “FRIENDS”. Its layout is ideal for co living, offering: Six en-suited bedrooms, Multiple living areas, Excellent privacy between occupants, A spacious downstairs living area flowing to outdoor entertainment zones
WHY YOU MUST LIVE IN THE PROPETY TO BE ABLE TO PAY YOUR LOAN
This is a hypothetical example to show why living in the room you buy makes the loan affordable
Weekly Comparison – Renting vs Owning (Living in the Room)
Item Renting / Owning (Living in the Room)
Your net income $800 / $800
Rent you pay $270 / $0
Utilities $30 / $30
Other expenses $300 / $300
Your weekly savings $200 / $470
Your Loan (EMI)
• Loan amount: $250,000
• Interest rate: 6%
• Loan term: 20 years
• Monthly repayment (EMI): $1,792
• Yearly repayment: $21,743
Your Savings After Paying EMI
Situation Yearly Savings After EMI
Renting –$11,343 (not affordable)
Owning (living in the room) +$2,697 (affordable)
Simple Explanation (What the Example Shows)
1. Renting is not affordable
If you rent elsewhere:
• You save only $200/week
• You cannot afford the EMI
• You end up –$11,343/year
2. Living in the room makes owning affordable
If you live in the room:
• You save $270/week rent
• Your savings increase to $470/week
• You can afford the EMI
• You end up +$2,697/year
3. If you wish to buy and live in your room but do not have enough deposit, talk to the owner. The owner may act as the guarantor for the shortfall subject to bank approval.
The owner encourages low-income earning willing owner occupier to come forward and buy his/her1st own room in this high value market. It is possible. The current owner is from a low-income background but now owns few properties in Brisbane with low debt equity ratio.
The owner wants to help 4 to 6 low-income earners to buy their own room as TIC with the owner for WIN-WIN situation.
Also refer the ad for 3/12 Cross St, Fairfield if you can afford to pay $450,000 for 1 room under, 1 car, sharing kitchen, bath, laundry with one more tenant under TIC.
Same owner.
To enquire, please email or call 1300 815 051 and enter code 4144
