2/31 Payne Street, Indooroopilly, Qld 4068

Offers Over $700,000

Apartment
Type
2
Bedrooms
1
Bathrooms
1
Parkings
112 m²
Area

Published on Tuesday, October 13, 2026 ( See property details for 2/31 Payne Street, Indooroopilly, Qld 4068)

Offers Over $700,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A well-positioned two-bedroom first floor apartment in Indooroopilly offering excellent investment and lifestyle opportunities.

🏡 Property Highlights

  • Prime first floor apartment in established Indooroopilly
  • Two spacious bedrooms with convenient layout
  • Secure lock-up garage included
  • Excellent investment potential with estimated rental income of $640-$660/week
  • Close to Indooroopilly Shopping Centre and public transport
  • Ideal for first home buyers, parents, or investors

✨ Key Features

  • Garage
  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Secure Parking
  • Internal Laundry
  • Floorboards
  • Pet-Friendly
  • Water tank
  • NBN / High-Speed Ready

Indooroopilly is a highly sought-after Brisbane suburb known for its excellent shopping, transport links, and educational facilities. The area offers a vibrant community atmosphere with parks, cafes, and a range of amenities. Its proximity to the Brisbane CBD makes it ideal for professionals and families alike, providing a perfect balance of convenience and lifestyle. The suburb's established infrastructure and strong rental market make it a smart choice for investors and owner-occupiers seeking long-term value.

What are the key features of this apartment?
This apartment features two bedrooms, one bathroom, a secure lock-up garage, open-plan living, internal laundry, and is equipped with high-speed internet readiness.
Is the property suitable for first home buyers?
Yes, this property is ideal for first home buyers seeking an affordable entry into the Brisbane property market in a convenient and established suburb.
What is the rental potential of this apartment?
The property has an estimated rental income potential of $640 to $660 per week, making it attractive for investors.
What amenities are nearby?
The apartment is close to Indooroopilly Shopping Centre, public transport options including train and bus services, local schools, parks, and other essential amenities.
Is the property pet-friendly?
Yes, the property is pet-friendly, subject to any body corporate or community rules.
Are there any upcoming body corporate fee increases or special levies planned? Has the property been recently renovated or does it require any repairs? Are there any zoning restrictions or easements affecting the property? What are the long-term plans for the surrounding area that could impact the property’s value? Is there any history of flooding or bushfire risk in this area? Are there any ongoing or upcoming construction projects nearby? What are the strata or body corporate rules and fees associated with the property? Are there any restrictions on pets or modifications to the apartment? What are the total ongoing costs including rates, body corporate, and maintenance? Is the property compliant with all local building and safety regulations?

2/31 Payne Street, Indooroopilly, Qld 4068 - More Details

Offers Over $700,000

Quick Details:
- Rates: $611.80/qtr
- Body Corporate: $3,620/annum
- Sinking Fund Balance: $51,567
- Age: 1982
- Number in Building: 6
- Investment Information: Vacant – Potential $640 - $660/week

Looking to secure your place in Indooroopilly? This two bedroom apartment at 2/31 Payne Street offers an opportunity for first home buyers, parents purchasing for their children or investors looking to enter an established Brisbane market. Positioned on the first floor, the property includes one bathroom and a lock up garage, with local shopping, transport and everything you need nearby.

- First floor apartment
- Two bedrooms
- One bathroom
- Lock up garage
- Convenient Indooroopilly location
- Suited to owner occupiers or investors

Indooroopilly is an established suburb offering convenient access to shopping, transport and educational facilities. Indooroopilly Shopping Centre provides a range of retail, dining and essential services, while nearby train and bus connections offer transport options to the Brisbane CBD and surrounding suburbs. Local schools, parks and other amenities further contribute to the suburb's appeal.

For first home buyers, this apartment presents an opportunity to enter the property market in an established Brisbane suburb. Parents purchasing for a child attending university may appreciate the location and access to public transport and everyday conveniences. Investors may also see potential in the two bedroom layout, lock up garage and established Indooroopilly rental market.

Whether you are buying your first property, purchasing for a family member or adding to your investment portfolio, 2/31 Payne Street is worth a closer look. With two bedrooms, one bathroom and a lock up garage, it offers a practical option in a convenient location. Contact us today to arrange an inspection and explore the opportunity for yourself.
Type
Apartment
Bedrooms
2
Bathrooms
1
Parkings
1
Area
112 m²
House Size
93 m²

Inspections times

  • Inspection tomorrow 2:00 pm

    Wednesday 14 October
    2:00 pm - 2:30 pm
  • Inspection Sat 17 Oct 12:30 pm

    Saturday 17 October
    12:30 pm - 1:00 pm
Thank you for submitting your reminder request.

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