Project Rosa

Overview

Project Rosa began with the original farmhouse in Bracken Ridge, QLD, sitting on over 1,200m² of land. The property was marketed as a two-lot subdivision site, but after working closely with council, we achieved approval for a three-lot subdivision instead.

The project scope included relocating the original house, which was sold for $50,000 and moved to an acreage property, preserving its life rather than demolishing it. The garage was also sold and removed for $5,000, adding further savings. A disused pool was filled in to make the site build-ready.

What began as one home for two residents has been transformed into three co-living dwellings with a total of 15 tenancies, all fully leased within weeks of completion. The site’s location, just around the corner from a major TAFE, has made it highly attractive to young professionals, key workers, and downsizers.

Main Features

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SMART LIVING:

All apartments are fitted with smart locks for secure and simple access.

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ALL-INCLUSIVE:

Rent covers all utilities including electricity, water, and internet. Solar panels provide cost savings and sustainability benefits.

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FURNISHED PREMIUM:

Each of the three dwellings was delivered with a premium furniture package, creating a turn-key tenant experience.

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OCCUPANCY SUCCESS:

All 15 apartments were leased immediately after completion, achieving a 100% occupancy rate.

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SUSTAINABILITY & SAVINGS:

Relocating the farmhouse and garage diverted waste from landfill and reduced subdivision costs, while allowing the structures to continue their life elsewhere.

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FAST DELIVERY:

Three low-set co-living dwellings were constructed in under six months, accelerating time to income.

Project Snapshot

LOCATION

Bracken Ridge, QLD

TYPE

Residential Co-Living & Subdivision

COMPLETION DATE

Jun 2025

MARKET VALUE

~$4.35m (3 x $1.45m dwellings)

ANNUAL RENTAL INCOME

$351,000 (15 x $450/wk x 52 weeks)

TENANCY RATE

100%

SIZE

1,200m² subdivided into 3 × 400m²+ lots, each with a single-storey co-living dwelling

Car Parking

12 on-site spaces (4 per dwelling)

Commercial Summary

Return on Investment (ROI)

42%+

Funding Structure

standard lending (not specified)

Operational Costs

~22–25% of gross rent

Exit Strategy

Long-term hold with refinance (blocks were retained rather than sold)

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Development Details

PROJECT TEAM

Town planners, Civil Engineers, Private Lender

TIMELINE

6-7 months

LOCATION HIGHLIGHTS

Close to Airport, commercial centre, amenities, travel links, Major Tafe.

// Testimonials

Kind

Words

"Working with Dominion Global on Project Rosa was a seamless experience. Their streamlined process and clear communication made everything predictable and stress-free. I was particularly impressed by their ability to turn a 1 into 2 lot subdivision into a 1 into 3, with council approval in just 21 days.

What amazed me most was how Dominion maximised returns by selling the large shed and relocating the 1920s Queenslander instead of demolishing it. Their innovative approach and cost-saving measures really set them apart. I couldn't be happier with the outcome."

— JOHN D. - PROPERTY INVESTOR

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