609-610/311 Vulture Street, South Brisbane QLD 4101

This north-east facing apartment, located on the sixth floor of Hillcrest Apartments in South Brisbane, offers a unique dual-key layout configured as an oversized one-bedroom apartment with an additional study plus a separate studio. This design provides substantial versatility, allowing either owner-occupiers or investors the flexibility to reside in one part while renting the other, or to maintain both components as income-producing spaces.

The north-east aspect ensures ample natural light and appealing views spanning the city skyline and the Brisbane River, enhancing the living experience with a scenic outlook. Spanning approximately 137 sqm of floor space, the apartment delivers generous proportions uncommon in typical units, adding to its spacious feel and comfort.

Investors will appreciate the reported net income of around $113,000 per annum, highlighting the property’s strong income-producing potential supported by rental appraisals of $550-$600 and $600-$650 per week for the two components respectively. Financial outgoings include rates, water charges, and a body corporate levy, appropriate for the building’s maintenance and shared facilities.

This apartment is particularly suited to those seeking flexible investment opportunities within a well-located complex, or professionals desiring a versatile home with potential supplementary income. Its combination of space, configuration, and views makes it an attractive proposition in the dynamic South Brisbane market.

• Dual-key setup combining a one-bedroom apartment with study and a separate studio
• Two bedrooms and two bathrooms in total enhance functional living
• Sixth floor placement provides desirable city and river views
• Strong reported net rental income ceiling endorses investment quality
• Adaptable for owner occupation with rental income or purely investment purposes