Positioned on the eighth floor of the sought-after SODA Apartments, this established two-bedroom investment presents an outstanding opportunity for buyers seeking immediate income in one of Brisbane's strongest inner-city accommodation markets.
Currently operating as successful short-stay accommodation, the property is achieving a reported return of approximately 7.7%, offering investors the opportunity to acquire an already established income-producing asset in the heart of South Brisbane.
The apartment's appeal to both short and longer-term occupants is easy to understand. Spanning approximately 83m2 the intelligently designed floor plan provides two well-separated bedrooms, two bathrooms and generous open-plan living, while an elevated eighth-floor position captures sweeping district views and spectacular sunsets across Brisbane's western skyline.
At the centre of the apartment, the contemporary kitchen connects seamlessly with the living and dining area before opening onto a covered balcony. The combination of internal space, outlook and bedroom separation provides the versatility highly sought after by guests, tenants and owner-occupiers alike.
The primary bedroom features built-in storage and a private ensuite, while the second bedroom is positioned separately beside the main bathroom - an ideal configuration for shared accommodation, couples travelling together or longer-term tenants.
Importantly for investors, the location places guests and residents within easy walking distance of South Bank, Fish Lane, the Brisbane Convention & Exhibition Centre, Queensland Cultural Centre, West End and the Brisbane CBD, while nearby public transport provides convenient connectivity throughout the city.
Investment and property highlights include:
- Currently operating as established short-stay accommodation
- Return of approximately 7.7%
- Eighth-floor position within SODA Apartments
- Two bedrooms with excellent separation and built-in storage
- Two bathrooms including ensuite to the primary bedroom
- Elevated district and hinterland outlooks
- Impressive afternoon and sunset views
- Open-plan living and dining flowing onto the covered balcony
- Contemporary kitchen with island bench and generous storage
- Secure accommodation for one vehicle
- Air-conditioned throughout
- Highly desirable South Brisbane location
- Walking distance to South Bank, Fish Lane, West End and Brisbane CBD
Whether retained within the short-stay market, transitioned to a traditional tenancy or held for future owner occupation, 805/27 Cordelia Street offers investors a compelling combination of strong existing income, an excellent two-bedroom layout and a high-demand inner-city location.
Financials:
- Rates: $500 per quarter
- Water: $200 per quarter + usage
- Body Corporate Levy: $1,600 per quarter (approx.)
- Rental Appraisal: $800 - $900 per week
- Current gross return: $1,345 per week
Please note: Some images have been virtually staged for illustrative purposes only. Furniture, decor, and styling shown may not reflect the current presentation of the property. Buyers are encouraged to inspect the property in person to verify its features and condition.
