FOR SALE
$2,697,000

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West End QLD 4101

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INNER-CITY WATERFRONT - NETS $330K

Featuring a vibrant inner-city lifestyle this modern residential Brisbane Management Rights apartment building scream's location, location, location!
Residents enjoy a rooftop oasis, boasting pool and BBQ areas, whilst relishing sweeping vistas encompassing the city skyline, Brisbane River, and majestic Mount Coot-tha. And within the Brisbane State High School catchment area.
Importantly the business itself, impresses as equal to the building and stunning location. A healthy Body Corporate Salary of $192,000 is incorporated into a total net income of $331,000. The onsite letting pool is made up of one- and two-bedroom apartments, with significant scope to improve on the 32 lets currently under management.
The onsite manager's apartment is also an attractive proposition, featuring 2 bedrooms, 2 bathrooms and 1 car space.
Moments from Brisbane's iconic riverfront, with scenic running and bike tracks, lush parklands, and renowned farmer's markets. Enjoy unparalleled convenience to Montague Markets, Harris Farm Markets, and an array of cafes, restaurants, boutiques, and entertainment venues within walking distance. CityCat, train stations, the Pacific Motorway, hospitals, and a short 2km commute to the CBD ensures all amenities are easily accessible.
Don't be late to this party! Contact me now for more information.

Property Details for Contact Agent For Address, West End

Building Type
Commercial

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About West End 4101

The size of West End is approximately 2.3 square kilometres. It has 4 parks covering nearly 6.7% of total area. The population of West End in 2011 was 8,061 people. By 2016 the population was 9,482 showing a population growth of 17.6% in the area during that time. The predominant age group in West End is 20-29 years. Households in West End are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West End work in a professional occupation. In 2011, 36.9% of the homes in West End were owner-occupied compared with 38.7% in 2016.

West End has 9,222 properties. Over the last 5 years, Houses in West End have seen a 59.78% increase in median value, while Units have seen a 51.99% increase. As at 31 August 2024:

  • The median value for Houses in West End is $1,678,922 while the median value for Units is $804,022.
  • Houses have a median rent of $738 while Units have a median rent of $660.
There are currently 44 properties listed for sale, and 33 properties listed for rent in West end on OnTheHouse. According to CoreLogic's data, 534 properties were sold in the past 12 months in West end.

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