Offering an attractive combination of rental income, generous floor space and a sought-after Newstead address, this is an opportunity for investors looking to secure an established inner-city investment.
Currently leased until June 2027 at $1,100 per week, the apartment provides an immediate rental income stream of $57,200 per annum, with an established tenancy already in place. With a substantial 100sqm of internal and external living space (approx.), this is a property that offers more than the typical two-bedroom apartment.
Positioned within the popular St Tropez complex, the residence features two bedrooms, two bathrooms and a separate multipurpose room, providing additional flexibility and appeal for future tenants or owner-occupiers once the current lease concludes.
The open-plan living and dining area connects seamlessly with the large balcony, while the separate multipurpose room offers valuable additional space that can be utilised as a home office, study or additional bedroom. The master bedroom features its own ensuite, with a second bathroom servicing the remainder of the apartment. A secure car space completes the property.
For investors, the existing tenancy offers the benefit of income from settlement, without the immediate task of securing a tenant. The lease also provides rental certainty through to June 2027, making this an appealing option for those looking to add an established investment to their portfolio.
Located in the heart of Newstead, residents enjoy convenient access to Gasworks Plaza, James Street, local cafés and restaurants, public transport and the Brisbane River. The location continues to attract strong interest from both renters and owner occupiers seeking an inner-city lifestyle.
Investment highlights:
Currently rented at $1,100 per week
Annual rental income of $57,200
Existing tenancy secured until June 2027
Spacious 100sqm apartment (approx.)
Two bedrooms, two bathrooms and separate multipurpose room
Open-plan living and dining with large balcony
Body corporate approximately $5,700 per annum
Whether you're looking to expand your investment portfolio or secure a property with immediate rental income and future flexibility, this is an opportunity worth considering in one of Brisbane's established inner-city precincts.
Contact Phil on 0447 048 961 or phil@junctionea.com.au for further information or to arrange an inspection.
Disclaimer: Please note that images, floor plans, and videos may be digitally enhanced/staged and may not accurately reflect the current condition, features, or dimensions of the property. We recommend all interested parties physically inspect the property and seek independent professional advice before proceeding with any transaction.
