FOR SALE
For Sale

91/300 Sir Fred Schonell Drive
St Lucia QLD 4067

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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For Sale

Supreme investment property situated right next to the prestigious university of Queensland (UQ) St Lucia campus. this rare investment property is suitable for seasoned investment buyer or first home buyer looking to move into a valuable property that will hold its value overtime. This property offers premium rental returns with incredibly low rental expenses. (See below for details)
Why this property is a catch:
1. Supreme location, only 5 minutes walk from the main buildings of UQ
2. The Biggest private courtyard (230 square ft) within the complex over looking UQ playing field.
3. Fully Furnished apartment with appliances included.
4. Currently tenanted at $500/wk with opportunity to increase, current lease ends around Jan 2025. Rental appraisal: $540-560/wk (4.9% gross rental yield)
5. Secured parking spot can be rented out individually for $280/mth in the very sought after UQ st Lucia campus area.
6. Within school catchment for prestigious Toowong state school and Indoorpilly state High school.
7. Swimming pool and bbq facilities
Investment buyer cost break down:
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Property Details for 91/300 Sir Fred Schonell Dr, St Lucia

91/300 Sir Fred Schonell Dr, St Lucia is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The place is currently for sale with Australian Property Alliance Management.

Building Type
Unit

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About St Lucia 4067

The size of St Lucia is approximately 4.6 square kilometres. It has 36 parks covering nearly 19.4% of total area. The population of St Lucia in 2011 was 11,194 people. By 2016 the population was 12,586 showing a population growth of 12.4% in the area during that time. The predominant age group in St Lucia is 20-29 years. Households in St Lucia are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in St Lucia work in a professional occupation. In 2011, 41.9% of the homes in St Lucia were owner-occupied compared with 41.6% in 2016.

St Lucia has 5,567 properties. Over the last 5 years, Houses in St Lucia have seen a 66.38% increase in median value, while Units have seen a 56.34% increase. As at 30 September 2024:

  • The median value for Houses in St Lucia is $1,979,470 while the median value for Units is $756,979.
  • Houses have a median rent of $750 while Units have a median rent of $620.
There are currently 58 properties listed for sale, and 45 properties listed for rent in St lucia on OnTheHouse. According to CoreLogic's data, 218 properties were sold in the past 12 months in St lucia.

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Mandy Li
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Australian Property Alliance Management
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