3&32/78 Brookes Street, Bowen Hills QLD 4006

This unique dual occupancy property strategically blends residential comfort with commercial enterprise, offering a rare opportunity in the bustling inner-city precinct of Bowen Hills. Situated on one title, the configuration encompasses a two-bedroom apartment above a commercial retail space, each leased to long-term tenants, creating immediate and stable dual income streams making it highly attractive for investors.

The apartment upstairs is thoughtfully designed with an open-plan kitchen, dining, and living area spilling out onto a spacious private balcony that invites natural light and presents a leafy outlook, enhancing urban living with a sense of tranquility. The master suite is enhanced by an ensuite, walk-in wardrobe, and its own balcony access, ensuring privacy and a connection with the outdoor space, while the second bedroom is conveniently located near the main bathroom. Additional features like a dedicated study area, ducted air conditioning, secure storage, and access to communal amenities such as a pool and gym emphasize comfort and convenience.

At street level, the approx. 100sqm commercial shop front boasts high exposure on a main road, currently occupied by a reputable personal trainer and private gym. This commercial aspect includes its own bathroom facilities and shares parking at ground level, enhancing functionality and accessibility. An internal stairwell connects the two units and, although presently closed off, can be easily reinstated, offering potential to adapt the space as an owner-occupier or for maximized yield.

Financially, the apartment rents for $760 per week with a lease extending to mid-2027, while the commercial tenancy delivers $3,582.80 monthly with annual CPI increases, also secured until early 2027. This dual-key investment sits within a blue-chip Melbourne suburb recognized for its continued demand and growth potential, enabling multiple exit strategies and a robust addition to any property portfolio.