For Sale

27/18 Gailey Road, St Lucia, QLD, 4067

For Sale

2
2
1
98 m²

Unit

•

1 day on the market

What's around 27/18 Gailey Road

A St Lucia Unit with room to live, relax and earn

Set within Linear on Gailey, this two-bedroom, two-bathroom apartment brings together a convenient university precinct address, generous outdoor space and a considered collection of resident facilities. The apartment has been refreshed with new carpets, while the large balcony extends along the length of the unit to create an inviting outdoor area with room to unwind. Two bathrooms add welcome flexibility for shared living, visiting guests or tenants, and a secure car space completes the practical picture. Residents also enjoy access to the complex's shared amenities, including a central courtyard and a games room with pool table and kitchenette. On-site management, secure entry and parking add further convenience to day-to-day living.The location makes it easy to enjoy the best of St Lucia and nearby Toowong. The University of Queensland, public transport, cafes and local parks are close by, while Toowong Village and the train station provide further connections for shopping and commuting. It's a well-placed base for university students and staff, professionals, or anyone wanting easy access to Brisbane's inner west. Suited to owner-occupiers and investors alike, the apartment offers the flexibility to enjoy as a home or lease for income. Previously recorded FY2025-26 rental income of approximately $42,620 per annum equates to an estimated gross yield of around 5.0%-5.2%, before expenses. With two bedrooms, two bathrooms and a location close to UQ, it is also well suited to shared living. Offering a full-length balcony, fresh carpets and access to useful complex amenities, this is a versatile opportunity in a consistently popular St Lucia location. Property highlights • Two bedrooms and two bathrooms • New carpets • Large balcony extending along the length of the apartment • One secure car space • Games room with pool table and kitchenette • Central courtyard • On-site management and secure entry • Convenient to UQ, public transport, cafes and Toowong Village • Previously recorded FY2025-26 rental income of approximately $42,620 p.a. • Estimated gross rental yield of approximately 5.0%-5.2%, before expenses

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