16 Apartments | Circa $326,650 PA Income | Prime Inner-City Location
Offered for sale , 29 Gray Road, West End presents a rare opportunity to secure a substantial freehold residential investment in one of Brisbane’s most tightly held inner-city suburbs - West End
Positioned in the sought-after Hill End precinct, the property comprises 16 self-contained apartments and benefits from consistently strong tenant demand, stable occupancy history and immediate access to key lifestyle and employment hubs.
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Key Highlights
• Big Block Freehold residential apartment building
• 16 apartments (14 studios, 2 one-bedroom)
• Current gross income: circa $326,650 per annum
• Consistently high occupancy with negligible vacancies
• Double Brick construction
• Brand new roof
• Flood-free landholding
• Held by current owner since 2015
• Within Brisbane State High School & West End State School catchments
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Location
One of Brisbane’s most desirable inner-city residential precincts, offering immediate access to:
• Brisbane CBD (3km approx.)
• Brisbane River & Orleigh Park
• City Cat ferry & City Glider transport
• South Bank Parklands
• West End café, dining & retail precinct
• Major hospitals & universities
• Kurilpa precinct urban renewal area
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Opportunity
A rare chance to acquire a scale freehold residential asset in a high-demand inner-city location with strong rental fundamentals and long-term capital growth potential.
Freehold residential assets of this scale and inner-city position are tightly held in West End, with limited comparable opportunities available to the market.
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For Sale
For further information or to arrange a private inspection, please contact:
Angus Commins
0418 715 454
Built In Robes
Car Parking - Surface
Close to Schools
Close to Shops
Close to Transport
Prestige Homes