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29 Gray Road, West End$6.50m
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29 Gray Road

West End, QLD 4101, Australia
$6.50m
16 bed 16 bath 5 car817 m²

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About this property

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. ________________________________________ 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 ________________________________________ 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 ________________________________________ 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. ________________________________________ For Sale For further information or to arrange a private inspection, please contact: Angus Commins 0418 715 454

Property Details

Property Type
land
Listing Type
For Sale
Bedrooms
16
Bathrooms
16
Parking
5
Land Area
817 m²
Listed
1 week ago

Repayment calculator

$31,512/month
$15,756 /fortnight
Loan $5,200,000 at 6.10% over 30 years

Upfront costs

Deposit$1,300,000
Stamp duty$354,275
Conveyancing (est.)$2,000
Total upfront$1,656,275
Verify with QLD revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in West End

This 16-bedroom land in West End, QLD 4101 sits within reach of public transport, local shops and nearby schools. It is listed 603% above the $925,000 median of 47 comparable landswithin 5 km.

Schools near West End

  • Townsville West State Schoolprimary · Prep-6 · CoEd
  • West End State Schoolprimary · Prep-6 · CoEd
  • Arethusa College - West End Campussecondary
  • Townsville Flexible Schoolsecondary · 7-12 · CoEd

What's nearby

  • Gray Rd at Yumba, stop 15 (bus)149 m away
  • Motorcycle Aftermarket Spares154 m away
  • Orleigh Park215 m away
  • Unnamed308 m away
  • Unnamed504 m away

West End at a glance

Full suburb profile
Population
3,891
Median age
40
Household income
$1,402/wk
Median rent
$250/wk
Median mortgage
$1,430/mo

Source: ABS Census.

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Suburb market

Suburb price trend

West End price trend

Median sold · House 3 bed

Compound growth +13.5% / yr over 4 yrs

$680kcurrent median

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Price history

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