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30 Princhester Street

West End QLD 4101

15
5
3
493 m²
House
Currently for sale - view listing

Overview

High-Yield West End Asset | Rare 15-Bedroom Investment with Strong Income & Upside

Positioned in the heart of Brisbane's most dynamic inner-city precinct, this substantial West End holding represents a rare opportunity to secure a high-performing investment with immediate income and long-term growth potential. Generating an estimated rental return of approximately $4,000 per week (circa $207,940 annually as per 2025 P&L), the property has been configured to maximise yield through multiple accommodation arrangements, delivering strong occupancy and consistent cash flow. Set across a generous 493m² parcel, the home has been thoughtfully adapted to accommodate 15 bedrooms and 5 bathrooms over two expansive levels. Its flexible layout offers investors the ability to continue the current high-yield model, further optimise returns, or reposition the asset in line with future planning objectives. Beyond its current performance, the property also presents an alternative pathway, the opportunity to reimagine and convert back into a substantial inner-city residence, capitalising on both land value and blue-chip location. Investment Highlights • Approx. $207,940 annual income (2025 P&L) • Circa $4,200 per week rental return • 15 bedrooms | 5 bathrooms | 3+ car accommodation • High occupancy with established rental structure • Configured for multiple income streams • Strong landholding of 493m² in premium inner-city location Property Features • Two functional kitchens servicing dual-level living • Split across two spacious levels with flexible configuration • 24-panel solar system enhancing operational efficiency • 6 air-conditioning units for tenant comfort • Adaptable layout suitable for continued income use or future conversion Prime West End Position Situated within walking distance to West Village, one of Brisbane's premier lifestyle and retail destinations, residents enjoy immediate access to boutique shopping, Harris Farm Markets, dining precincts and curated green spaces. Positioned just moments from Boundary Street's vibrant café and entertainment strip, the property offers unrivalled inner-city convenience: • 2km to Brisbane CBD • 150m to city-bound transport • Walking distance to West Village, West End markets, and riverside parklands • Close proximity to South Bank, major hospitals, and key employment hubs Within the highly sought-after Brisbane State High School catchment, and minutes to leading private schools including St Laurence's, Somerville House, Brisbane Grammar and Churchie. For students and professionals alike, connectivity is exceptional - with easy access to UQ via the Green Bridge, QUT Gardens Point, TAFE and major transport corridors. A Strategic Acquisition Opportunities combining strong immediate yield, land value, and inner-city positioning are increasingly scarce. Whether held as a high-performing investment or repositioned for future capital growth, this is a compelling acquisition in one of Brisbane's most tightly held lifestyle suburbs. Disclaimer All information provided, including rental income, configuration, and property use, has been sourced from materials we believe to be reliable. However, no warranty is given as to its accuracy or completeness. Interested parties should conduct their own independent enquiries, including legal, financial, and planning investigations. The current use of the property and any future use, including rooming accommodation or multi-dwelling arrangements, is subject to relevant council approvals and compliance requirements. Rental figures are indicative only and may vary.

Features

15 bedrooms
5 bathrooms
3 carspaces
3 open car spaces
493 m² lot size
House

Property history for 30 Princhester Street

2021
Sold
$1,675,000
19 Mar 2021 by Adam Holmes-Barry, of RE/MAX Results Morningside

Happy sellers in West End

89%
89% of sellers in West End reported that their sale price either exceeded or met their price expectations.

West End stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 43 reviews in West End over the last 12 months.

Local market activity for 15 bedroom houses in West End

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