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Overview
Located in one of Brisbane's most coveted inner-city suburbs, this exceptional unit block represents a rare investment opportunity. The solid brick complex consists of five fully refurbished, quality units offering contemporary interiors and superior finishes that appeal to discerning tenants and investors alike.
The property comprises four one-bedroom units and one two-bedroom unit, all boasting deluxe gourmet kitchens equipped with granite bench tops and ample space for dining and meal preparation. The renovated bathrooms and polished timber floors add a touch of elegance and practicality while ensuring ease of maintenance.
Each unit is designed for comfort and convenience, featuring spacious layouts with built-in robes in the bedrooms, enhancing storage options. The large living spaces cater well to residents seeking a relaxed lifestyle close to the city, while the low vacancy rates and long-term tenants indicate steady and reliable rental returns.
With five lock-up garages, the property addresses parking needs effectively, making it a highly functional asset in this tightly held precinct. The annual gross rental income of $140,400 underscores the strong yield potential, providing a solid foundation for investment portfolios, including self-managed super funds.
This complex's proximity to Brisbane's CBD and access to amenities position it as an attractive proposition for property investors seeking stability and growth in a prime location. Offering a blend of sound construction, modern upgrades, and excellent tenancy security, this block promises to be a valuable addition to any investment strategy.
Local Market Insights
In Brisbane - South, Quiet Listings observed 19 new units entering the market over the last 30 days, down from 21 during the previous 30-day period, with an average advertised asking price of $748,053. The property type mix of listed properties is predominantly Houses at 61%, followed by townhouses (18%), and apartments (7%). The most active agency for units in the Brisbane - South area is currently Ray White, representing 37% of new listings, followed by Place with 16%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Market Insights for Tarragindi QLD 4121
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