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504-504a/391 Wickham Terrace

Spring Hill QLD 4000

2
2
58 m²
Apartment
Currently for sale - view listing

Overview

Rare Dual-Key Investment - Top Floor - Parkland Views

This rare dual-key apartment in the well-regarded Alatai on the Park building offers a genuinely set-and-forget investment: two self-contained studio apartments held on a single title and currently leased separately. The result is two income streams from one purchase and a single set of ownership costs. Positioned on the top floor of the building, both studios enjoy lovely outlooks over the green expanse of Roma Street Parklands. The elevated aspect brings light, air and an enduring sense of space that's increasingly hard to come by this close to the city. Both apartments have recently been freshly painted throughout and fitted with brand-new blinds, meaning no immediate work for the incoming owner, just immediate returns. With two leases already in place, cash flow begins from settlement day. Property Overview: - Two studio apartments on one title (unit 504 and 504a) - Located on level 5 with views over Roma Street Parklands - Freshly painted throughout - New blinds installed in both units - Unit 504 is currently rented for $425 per week fully furnished until 14/11/2026 (Future rental potential of approximately $475 per week, fully furnished) - Unit 504a is currently rented for $300 per week fully furnished until 01/12/2026 (Future rental potential of approximately $350 per week, fully furnished) - Comes fully furnished - Fantastic investment opportunity Nestled in the heart of Spring Hill, this versatile apartment within Alatai on the Park offers an unbeatable lifestyle in one of Brisbane's most sought-after inner-city suburbs. Perched on the ridge overlooking the CBD, residents enjoy breathtaking city skyline views while being just minutes from Brisbane's vibrant cultural and dining precinct. With the iconic Roma Street Parkland right on your doorstep, you'll have lush green space perfect for morning walks or weekend relaxation. The location is second to none - a short stroll takes you to the bustling cafés, restaurants, and boutiques of Paddington and Latrobe Terrace, while world-class healthcare is at your fingertips with the Royal Brisbane and Women's Hospital nearby. Excellent public transport links, including bus routes along Wickham Terrace, make commuting effortless, connecting you seamlessly to the CBD and beyond. This is inner-city living at its absolute finest. For further information regarding the Brisbane Inner City property market please go to https://raywhiteiba.com.au/news. DISCLAIMER: Whilst every effort has been made to ensure the accuracy of information contained about this property, it does not constitute any warranty or representation by the vendor or agent. All information contained herein is gathered from sources we consider to be reliable. All interested parties must solely rely on their own inspections, enquiries and searches with all relevant authorities.

Features

2 bedrooms
2 bathrooms
58 m² lot size
Apartment

Happy sellers in Spring Hill

94%
94% of sellers in Spring Hill reported that their sale price either exceeded or met their price expectations.

Spring Hill stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 33 reviews in Spring Hill over the last 12 months.

Local market activity for 2 bedroom apartments in Spring Hill

In the last 12 months, 52 two-bedroom apartments similar to 504-504a/391 Wickham Terrace, have been sold.

This represents a 32% increase in two-bedroom apartments sales when compared to the previous 12 months.

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