Dual-Key Investment with City & River Views - Approximately $113,000 Net Annually!
Positioned on the sixth floor of Hillcrest Apartments, this north-east facing dual-key apartment combines generous proportions, city and river views and exceptional flexibility for investors and owner-occupiers.
Configured as an oversized one-bedroom apartment with an additional study, plus a separate studio, the property offers two bedrooms and two bathrooms overall. The versatile layout provides options to occupy one component and rent the other, or retain both as an income-producing investment.
With a reported net income of approximately $113,000 annually, this is an opportunity to secure a flexible property with an impressive income profile in South Brisbane.
Features include:
- Dual-key configuration comprising a one-bedroom apartment plus separate studio
- Two bedrooms and two bathrooms overall
- Oversized one-bedroom component with an additional study
- Sixth-floor position in Hillcrest Apartments
- North-east aspect with city and river views
- Reported net income of approximately $113,000 per annum
- Flexibility to invest, occupy or combine both
Financials
- Rates: $500 per quarter
- Water: $200 per quarter + usage
- Body Corporate Levy: $3,000 per quarter (approx.)
- Rental Appraisal: $ - $per week
Please note: Some images have been virtually staged for illustrative purposes only. Furniture, décor, 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.
In-Room Auction (if not sold prior)
Location: Ray White West End (5/156 Boundary Street, West End)
Thursday 3rd December 2026 at 10am
Disclaimer
This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. 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.
assignmentLooking for more information on 609-610/311 Vulture Street?
Explore comparables, sales history and growth for this property.