29 Gray Road

West End QLD 4101

817 m²

Block of units

Currently for sale - view listing

Overview

Blue-Chip Inner-City Residential Investment

16 Apartments | Circa $326,650 PA Income | Prime Inner-City Location Offered for sale , 29 Gray Road, West End presents a rare opportunity to secure a substantial freehold residential investment in one of Brisbane's most tightly held inner-city suburbs - West End Positioned in the sought-after Hill End precinct, the property comprises 16 self-contained apartments and benefits from consistently strong tenant demand, stable occupancy history and immediate access to key lifestyle and employment hubs. ________________________________________ Key Highlights Big Block Freehold residential apartment building 16 apartments (14 studios, 2 one-bedroom) Current gross income: circa $326,650 per annum Consistently high occupancy with negligible vacancies Double Brick construction Brand new roof Flood-free landholding Held by current owner since 2015 Within Brisbane State High School & West End State School catchments ________________________________________ Location One of Brisbane's most desirable inner-city residential precincts, offering immediate access to: Brisbane CBD (3km approx.) Brisbane River & Orleigh Park City Cat ferry & City Glider transport South Bank Parklands West End café, dining & retail precinct Major hospitals & universities Kurilpa precinct urban renewal area ________________________________________ Opportunity A rare chance to acquire a scale freehold residential asset in a high-demand inner-city location with strong rental fundamentals and long-term capital growth potential. Freehold residential assets of this scale and inner-city position are tightly held in West End, with limited comparable opportunities available to the market. ________________________________________ For Sale For further information or to arrange a private inspection, please contact: Angus Commins 0418 715 454