Student Rooms Gameau Road, Norman Street & Woodmere Avenue,
Paradise, SA 5075
Hotel, Motel & Leisure • Other
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Diversified Student Accommodation Portfolio
- 225 student beds freehold & leasehold
- Defensive income stream
- 98.6* occupancy July 2025
The opportunity comprises a freehold interest in a quality stabilised 107 student room portfolio and the leasehold interest in a further 118 student rooms plus the business which manages the total 225 student rooms.
With the portfolio generating 98.6% occupancy as at July 2025 and estimated NOI for CY2026 of $2.1m*, all assets are superbly located in close proximity to universities, public transport, retail services and recreational amenity.
The offering provides the opportunity to implement systems and existing staff to grow the leased accommodation portfolio in response to the substantial undersupply of student accommodation beds across the booming Adelaide student market.
*approx.
With the portfolio generating 98.6% occupancy as at July 2025 and estimated NOI for CY2026 of $2.1m*, all assets are superbly located in close proximity to universities, public transport, retail services and recreational amenity.
The offering provides the opportunity to implement systems and existing staff to grow the leased accommodation portfolio in response to the substantial undersupply of student accommodation beds across the booming Adelaide student market.
*approx.
Paradise, 5075 demographic data
The median household income for Paradise is $1,386, 10% lower than Greater Adelaide's household income of $1,548. Paradise has an older age profile compared to the rest of Greater Adelaide (median age 43 vs 39). Property ownership data shows 44% of property owners in Paradise have a mortgage.
7,217
Population
$1,386 per week
Median household income
43 years
Median age
Owners
Most residents
Families
Most households
Student Rooms Gameau Road, Norman Street & Woodmere Avenue
Paradise, SA 5075
Colliers - ADELAIDELevel 9, 121 King William Street
ADELAIDE, SA 5000
ADELAIDE, SA 5000
Cushman & Wakefield - MelbourneLevel 9, 385 Bourke Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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