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89 Munro Street

St Lucia, QLD 4067, Australia
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7 bed 7 bath 5 car405m²

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About this property

Freshly completed and designed with intent, this brand new residence sits squarely in Brisbane's blue-chip UQ precinct, where demand is constant, vacancy is rare, and quality accommodation is always in short supply. With soaring ceilings, a clean modern aesthetic, and a layout engineered for return, this is not a standard family home pretending to be an investment. It's a purpose-built performer. Step inside and the story becomes clear. This home has been designed around privacy, independence, and durability, with seven generous ensuite bedrooms spread across multiple levels, high ceilings that give the interiors breathing room, and shared living zones that feel considered rather than compromised. Each room functions as its own self-contained retreat, making it ideal for students, academics, or professionals who value space and autonomy while staying close to campus. From an investor's perspective, the fundamentals are exceptional. Currently leased at $450 per ensuited bedroom, with the potential to achieve approximately a total of $3,150 per week, this is a modern rooming-style residence built for long-term demand. Add ducted air conditioning throughout, a 13kW solar system to reduce running costs, and under-cover parking, and you have a low-maintenance asset positioned exactly where Brisbane's rental pressure is strongest. YOU'LL LOVE . . . You're buying brand new, with modern finishes and zero maintenance headaches You're investing in seven fully ensuited bedrooms, each designed for privacy and strong rental appeal You benefit from impressive ceiling heights, including approximately 4 metres on the ground floor and 2.7 metres on upper levels You have ducted air conditioning throughout, keeping every room comfortable year-round You're reducing operating costs with a substantial 13kW solar panel system You're offering under-cover parking, a valuable feature in this tightly held precinct You're positioned moments from the University of Queensland, where rental demand remains consistently high INSIDER'S SECRET . . . The UQ precinct isn't just popular, it's resilient. Student and academic demand doesn't follow typical market cycles, which is why well-designed, ensuite-based accommodation here tends to lease quickly and stay leased, even when broader markets soften. Please feel free to contact Johnson Chen at 0433 068 991 anytime for more infomation or private inspection. **All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries**

Property Features

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    Repayment calculator

    $8,387/month
    $4,193 /fortnight
    Loan $1,384,000 at 6.10% over 30 years

    Price estimated from comparable nearby — edit below to use your own number

    Upfront costs

    Deposit$346,000
    Stamp duty$80,000
    Conveyancing (est.)$2,000
    Total upfront$428,000
    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.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    7
    Bathrooms
    7
    Parking
    5
    Land Area
    405m²
    Listed
    1 week ago

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