1A Leonard Street, Boonah QLD 4310

Modern co-living share house | 2021 built | Heritage & flood overlays | Fibre broadband This property presents a specialised opportunity as a newly built, furnished co-living share house in a regional centre, a configuration that targets a specific rental demand segment. Its strongest position is its modern construction and turnkey offering for an investor seeking managed, multi-tenant income without refurbishment outlay. The house best serves an investor comfortable with the operational model of multi-occupancy, as its valuation already reflects its income-generating setup rather than standard family appeal. Material risk is concentrated in the planning overlays for flood, bushfire, and heritage, which impose compliance costs and limit alteration potential, directly impacting insurance premiums and future flexibility. The significant discrepancy in reported bedroom count must be resolved through a physical inspection to validate the income model. Proceed only if the co-living yield materially exceeds that of a standard rental, justifying the overlay complexities and niche management requirements.