FREE STRATEGY CONSULTATION
Evaluate the investment case
If you’re considering purchasing a rooming house the first step is to fully understand the investment case and what owning a rooming house involves. In this no-obligation consultation we delve into the return profile of Class 1B accommodation and answer any questions you may have.
- Free 30-minute strategy consultation
- Deep dive into rooming house investment profile
- Personalised action plan
Assistance with obtaining finance
Banks consider different lending criteria when assessing finance applications for Class 1B accommodation. We work with a team of brokers that understand the intricacies of obtaining the finance required to invest in rooming houses and will guide you through the process.
- Complimentary personalised fact-finding session
- Access to a wide range of competitive lenders
- Ongoing support and annual refinancing review
Finding you the right location
Selecting the right site for your rooming house is key to maximising the rental income it generates. We’ll find a site that suits your investment budget whilst ensuring your yield is as high as possible and that is close to amenities such as universities, hospitals and public transport links.
- Scouting of prospective sites based on your requirements
- Analysis of various sites and feasibility study of potential locations
- Comprehensive suburb profiles and local knowledge
Picking the best rooming house design
Rooming houses come in all different shapes and sizes. Selecting a design that makes your Class 1B property visually appealing to prospective tenants will help ensure that you’re attracting the highest quality tenants.
- Custom or proven rooming house designs
- Functional and aesthetic design focus
- Deep relationships with Class 1B builders and architects
APPOINTMENT OF BUILDER
Specialist rooming house builders
There are few builders with extensive experience building rooming house accommodation with a track record of completing builds on time and on budget. We have relationships with those that do and will ensure that you incur no unnecessary expenses during the rooming house build.
- Access to specialist Class 1B builders
- Negotiating with the builder on your behalf
- Liaising with the builder to ensure milestones are met
COMPLIANCE AND REGISTRATION
Ensuring everything is done right
Compliance with relevant legislation and maintaining good relationships with local authorities is essential to the smooth operation of your rooming house. We are highly knowledgeable of relevant legislation including the Residential Tenancies Act and Residential Tenancies (Rooming House Standards) Regulations that pertain to Class 1B property.
- Assistance with rooming house registration
- Provide representation at Tribunal
- Compliance with relevant legislation and council regulations
Management with a rent guarantee
Certainty Property is the only rooming house manager that offers a rental guarantee. If your rooming house generates less than 75% of the cashflows that it otherwise would at full occupancy, we will pay the difference ourselves. Our professional approach to rooming house management ensures that owning your rooming house is a stress-free and profitable experience.
- Guarantees 75% of maximum gross cashflows at full occupancy
- Industry leading management fee of just 6.9%
- Experienced and dedicated team
ANNUAL PORTFOLIO REVIEW
Maximising your investment portfolio
Investing in a rooming house is likely one of the biggest financial commitments you will make. We provide a free annual review to ensure that you are maximising the return on your investment and identify any arears to increase your return.
- Free annual portfolio review
- Personalised 12-month action plan
- Exclusive access to additional rooming house investment opportunities
WANT TO FIND OUT MORE?
If you’d like to understand more about the investment profile of rooming houses we
can assist. Leave your details below and a member of our friendly team will be in
The next steps are easy
- Leave your contact details below
- We’ll be in touch and to arrange a free strategy consultation
- Where we go from there is up to you!