Perched high up on the 22nd floor of the sought-after Mantra on Queen at 570 Queen Street, this dual-key apartment with stunning river views presents a rare and lucrative opportunity for savvy investors or owner-occupiers looking to capitalise on Brisbane's growing rental demand.
This is a high-performing asset in a premium location. Opportunities like this are few and far between – and interest will be strong from both the investor market and city-loving professionals.
Perfect for Self-Managed Superannuation Fund (SMSF) investors. This dual-key apartment is an ideal addition to any SMSF portfolio, offering strong, consistent returns in a high-demand location with minimal ongoing maintenance. With two separately lettable dwellings on one title, it provides excellent diversification and the ability to maximise rental income while retaining flexibility in occupancy.
The property's proven performance – returning $54,734 over the past 12 months – underscores its investment strength and potential for long-term capital growth in Brisbane's thriving inner-city market.
There is so much flexibility with owning this dual-key unit – you can live in the whole property, live in one unit and rent the other out to generate income, rent both out on long-term tenancies, or have the properties rented through the Mantra hotel short-term letting pool.
Property Features:
- Dual-Key Configuration – two separate apartments on one title
- Unit 2202: Spacious 1-Bedroom furnished Apartment with City & River Views
- Unit 2203: Light-Filled furnished Studio Apartment
- Secure car parking
- Total income potential from long and short-term rental strategies
- Positioned in a thriving rental precinct – close to river walks, transport, and dining
Unit 2202 Highlights:
- 1 bedroom | 1 bathroom | Private balcony
- Breathtaking city and river views
- Modern kitchen with appliances and dishwasher
- Open-plan living, built-in wardrobes, ducted air-conditioning
- Ideal for long-term tenants or short-stay guests
Unit 2203 Highlights:
- Studio apartment with built-in desk and storage
- Elevated position with views out to the city and mountains
- Sleek, modern design with plenty of natural light
- Perfect for students, professionals, or short-term accommodation
Building Amenities:
- Outdoor pool, spa, gym, sauna
- On-site restaurant, café, and bar
- 24/7 reception and on-site management (by Mantra Group)
- Woolworths supermarket conveniently located across the road
Location:
Situated between two of Brisbane's most vibrant precincts - the CBD and Fortitude Valley - this apartment is perfectly positioned to enjoy everything the city has to offer.
Just a short stroll away, you'll find the Fortitude Valley nightlife and dining scene, the scenic riverside walkways, and the popular Howard Smith Wharves precinct. You're also within easy walking distance to the Queen Street Mall, high-end shopping at Wintergarden and Queens Plaza, and Brisbane's central business and cultural hubs.
Whether it's boutique laneways, live music venues, world-class restaurants, or riverfront bars, this location offers an unbeatable lifestyle right on your doorstep.
Notable Fees:
- Body Corporate approx: $982/month
- Sinking Fund balance: $1,316,483.70
- Council Rates: Approx: $267/month
- Annual income from the hotel: $54,734
Whether you're an investor chasing strong returns or a city professional wanting the flexibility to live in one and lease the other, this is your chance to secure a rare and versatile asset in the heart of Brisbane CBD.
Contact Alex Burchill on 0439 621 509 to enquire or inspect.
Disclaimer:
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes
