To enquire, please email or call 1300 815 051 and enter code 4144 Buy a part in multiples of 16.7% shares of a high income generating 6-bedroom 7-bathroom co living property A rare opportunity to purchase a 16.7% share of a purpose-built shared accommodation home at 97 Sherwood Road, Rocklea, 4106. Perfect for first home buyers, low-income earners, or anyone wanting to enter the market with strong rental returns. Your Ownership Includes Choose one private suite: • Rooms 1–2: 1 bed + 1 bath + 1 car space (external) • Rooms 3–4: 1 bed + 1 bath + 1 car park (with remote control entry) • Rooms 5–6: 1 bed + 1 bath + balcony (no car space) Ownership is via Tenants in Common, giving you legal title to your share. Income Potential • Current total rent: $1,590/week on an average $265/room/week • If you live in your room and manage the remaining jointly with other owners $240/week/room will be acceptable for next 1year by the current owner for remaining rooms. This will give you some additional cash flow to the new owner/s. This property was built on a 498m² block in 2006 with the building name "FRIENDS". The home offers a thoughtfully designed living space, perfect for share accommodation. Original intention was to share the property by 3 couple friends in their retirements. Six bedrooms and seven bathrooms provide exceptional flexibility and comfort. A second living area in downstairs flows seamlessly to the outdoors. Property Features • 6 bedrooms, each with private ensuite and built-in-robe • 2 rooms with balconies • Large upstairs kitchen + living area • 4 onsite car spaces • Large indoor and outdoor entertainment areas • Downstairs bathroom (7th toilet) • Large Laundry in downstairs • Fully fenced, NBN, built ins, low maintenance tiled upper floor • Concrete slab between levels for fire safety • Land: 498 m² (¬50mx10m), • Building Size 25mx7m, GF Area:157m², FF Area: 166m², Balcony:8m² Additional benefits - Modern kitchen with practical storage and integrated appliances - Plenty of lockable storage area in the kitchen for the tenant of each bedroom - Easy-care finishes and plenty of natural light - Convenient Rocklea location with access to parks, shops, transports, schools, hospitals, universities For more information or to arrange a viewing, contact us. ======== Discounted Price for more than one room by a group for quick sell: Any one: $275,000 16.7% share Any two: $525,000 33.3% share Any three: $750,000 50.0% share Any four: $1,000,000 66.7% share Any five: $1,200,000 83.3% share WHOLE HOUSE $1.4m ======== DETINATION DISTANCE FROM 97 Sherwood Rd, Rocklea: Rocklea Station 1.2 km Solo Petrol station 300 m 5min walk 598, 599 Bus Stop 200 m 2min walk Solo Petrol station 300 m 5min walk Caltex 24hr Petrol station 400 m 5min walk Brisbane Market 700 m 10min walk Rocklea State School 1.3 km LOCATION DISTANCE FROM 97 Sherwood Rd, Rocklea: HOSPITAL (Emergency) QE II Hospital 6.0 km PA Hospital 6.4 km Mater Hospital 7.7 km South Bank 8.7 km Brisbane Casino Precinct 10.0 km Queen St Mall 10.0 km To enquire, please email or call 1300 815 051 and enter code 4144
RealistIQ deal score
Strong value signal
91
/100
Review the estimated value range, comparable sales, suburb trends, and market signals for 97 Sherwood Road, Rocklea before you inspect or make an offer.
Independent price check
Estimate vs market price guide
Market price guide is 20%+ below RealistIQ estimate
Use this as a second opinion and check the comparable sales below.
RealistIQ estimate range: $774,000 - $1,270,000Wider ranges mean more uncertainty.
RealistIQ estimate$1,022,000
Market price guide$275,000
$774,000$1,270,000
12-month Property Outlook
What could this property be worth in 12 months if the local trend continues?
See Momentum and Stable modelled scenarios for this property.
