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For Saleapartment

Brisbane

City, QLD 4000, Australia
$760,000
2 bed 1 bath

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Area Price Guide
$714,400$805,600

Indicative price guide range

🏘️
68
Comparable
📊
$890,000
Area median
⚖️
-15%
vs median
🗓️
2 weeks ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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About this property

High-Yield Investment Opportunity - Approx. 5.13% Gross Return 2 Bed | 1 Bath | 1 Car | Secure Tenanted Investment | Resort Facilities Positioned within the highly sought-after Parc Apartments, this well-presented two-bedroom residence offers a standout inner-city investment opportunity with immediate income and strong rental growth potential. Currently leased to long-term tenants at $700 per week, with an upcoming increase to $750 per week, this property delivers a projected approx. 5.13% gross yield at the asking price of $760,000. A low-maintenance layout, strong rental demand, and premium building facilities make this an ideal set-and-forget investment in a tightly held complex. Investment Highlights: - Currently tenanted with long-term occupants - Rent: $700/week increasing to $750/week - Approx. 5.13% gross yield at $760,000 - Immediate income from settlement - Strong rental demand location - Low-maintenance, high-appeal asset Apartment Features: - Two spacious bedrooms with built-in wardrobes - Modern bathroom with quality finishes - Open-plan living and dining area - Private balcony - Well-appointed kitchen with ample storage - Air conditioning and ceiling fans - Secure basement car space Parc Apartments Building Features: - Residents enjoy resort-style living with - Professional on-site management - Large swimming pool - Fully equipped gym - Secure, well-maintained complex - Strong tenant appeal and consistent occupancy Location Advantages: - Minutes to Brisbane CBD - Close to public transport (bus/train & City Cat access) - Near cafes, dining, and retail precincts - Easy access to major employment hubs - Walkable lifestyle convenience with nearby green spaces Why Investors Are Targeting This Property: This is a high-performing investment in a proven rental building, offering: - Immediate cash flow - Built-in rental uplift - Strong yield in a blue-chip inner-city location - Low vacancy risk due to location and amenities Price Guide: $760,000 Opportunities with this level of return in tightly held complexes like Parc Apartments are increasingly rare. Enquire today to secure a high-yield, low-maintenance investment with strong growth fundamentals. ID:21174208

Property Features

    View full listing on Domain

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    Repayment calculator

    $3,684/month
    $1,842 /fortnight
    Loan $608,000 at 6.10% over 30 years

    Upfront costs

    Deposit$152,000
    Stamp duty$27,225
    Conveyancing (est.)$2,000
    Total upfront$181,225
    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
    apartment
    Listing Type
    For Sale
    Bedrooms
    2
    Bathrooms
    1
    Listed
    2 weeks ago

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