26 Dun Street, Tewantin, Qld 4565

THE OPPORTUNITY:

Standard residential properties in the Sunshine Coast region rarely yield over 3.8%. Opportunities to acquire a high-yielding, fully compliant co-living asset in a premier capital growth corridor are virtually non-existent.

Converted in 2022 into a fully certified Class 1b rooming house, 26 Dun St sits privately at the quiet end of a 601m2 cul-de-sac block. With a proven 4-year track record, there are zero build wait times, no conversion risks, and no regulatory headaches. It is 100% turnkey, fully operational, and ideal for SMSF or private investors seeking immediate cash flow from day one.

THE FINANCIAL SNAPSHOT:

• Gross Rental Income: $101,400 p.a.
• Outgoings: $26,547 p.a.
• Current Yield: 7.5% Gross (Nearly double local residential averages)
• Occupancy: Fully tenanted with an established 4-year compliance history

PROPERTY & FOOTPRINT:

• The Land: 601m2 block at the end of a quiet, family-friendly cul-de-sac
• The Build: 185m2 of functional, fully furnished, council-compliant co living space
• Outdoor Space: 18m2 of covered patio and porch space for tenant appeal
• Low CapEx Maintenance: Roof recently painted; side and rear boundary fencing replaced not long ago

LOCATION & TENANT APPEAL:

• Bus Stop: ~400m walk
• Tewantin Town Centre & Woolworths: 2 mins drive (1.2km)
• Gympie Terrace & Noosa River: 5 mins drive (3.5km)
• Noosa Junction Transit & Retail Hub: 9 mins drive (7km)
• Hastings St & Noosa Main Beach: 12 mins drive (8.5km)

WHY THIS IS A UNICORN ASSET:

• Unmatched Regional Cashflow: 6.75% gross yield in a premier Sunshine Coast pocket
• 100% Legally Certified: Class 1b compliant with full historical performancem data
• Minimal Maintenance: Major structural upkeep already completed (restored roof & updated fencing)
• Day-One Income: Rental cashflow transfers immediately at settlement
• Seamless Management: Managed by specialised regional co-living experts for a completely hands-free investment

High-yielding, legally compliant rooming houses in coastal hubs move fast. Contact us today to request the full financial pack and inspection details.