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626/20 Montague Road, South Brisbane QLD 4101

OFFERS FROM $619,000

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$550k - $600k High Confidence Calculated based on strong search observations.

Apartment 1 Bed 1 Bath 1 Car 67 m²

Listed: 3 days ago

Updated: 1 hour ago

Overview

Apartment 626 at 20 Montague Road offers a stellar opportunity to embrace inner-city living within one of South Brisbane's highly sought-after precincts. Located on the top floor with a prized north-facing aspect, the apartment floods with natural light and treats occupants to expansive views of Brisbane's city skyline, enhancing the living experience.

Its design focuses on contemporary convenience, featuring an open plan living and dining area complemented by a private balcony, perfect for relaxing or entertaining while enjoying vibrant urban surroundings. The modern kitchen showcases quality finishes, supporting effortless meal preparation.

The apartment includes the security of a dedicated car space within a secure complex, ensuring peace of mind. This turnkey investment opportunity is sold fully furnished, appealing to investors seeking immediate rental income as it is currently leased to a reliable tenant until July 2027, producing a robust weekly return and an estimated yield between 5.2% and 5.6%.

With a location just minutes from key amenities such as West Village, South Bank Parklands, Brisbane CBD, hospitals, convention centres, and the airport, the apartment benefits from exceptional connectivity and lifestyle conveniences. This property is ideal for investors prioritizing steady long-term growth in a premium inner-city environment, or for owner-occupiers wanting a manageable, luminous home close to the city’s core.

Local Market Insights

In South Brisbane, Quiet Listings observed 46 new apartments entering the market over the last 30 days, up from 44 during the previous 30-day period, with an average advertised asking price of $903,620. The property type mix of listed properties is predominantly Apartments at 65%, followed by units (15%), and houses (10%). The most active agency for apartments in the South Brisbane area is currently Ray White, representing 50% of new listings, followed by Position Property with 20%. 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.