2018-2019/255 Ann Street, Brisbane City QLD 4000

Apartment
Type
2
Bedrooms
2
Bathrooms
67.0 m2
Area

Last updated on Monday, April 20, 2026 ( See property details for 2018-2019/255 Ann Street, Brisbane City QLD 4000)

$650,000

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

A versatile dual-key apartment in Brisbane's CBD offering exceptional investment and lifestyle opportunities with high rental income potential.

🏡 Property Highlights

  • Dual-key apartment offering flexible living and income options
  • Prime location opposite Central Railway Station with direct CBD access
  • Fully furnished with high rental potential of approximately $1,050 per week
  • Situated in a heritage building in Brisbane's vibrant CBD precinct
  • Close to Queen's Wharf Brisbane, Eagle Street Pier, and South Bank
  • Excellent investment opportunity for high-yielding returns

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Home Office / Study
  • Furnished
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Balcony

Brisbane City offers a vibrant urban lifestyle with excellent connectivity, featuring iconic precincts like Queen's Wharf and Eagle Street Pier. The area boasts extensive public transport options, including upcoming Albert Street Station, and a lively mix of dining, shopping, and recreational facilities. Its revitalised public spaces and riverfront developments make it an ideal location for both living and investing. The neighbourhood combines heritage charm with modern amenities, attracting professionals, tourists, and investors alike.

What are the current rental yields and potential income for this property?
The property is currently rented at $915 per week, with a potential rental income of approximately $1,050 per week once the current leases end, making it a high-yield investment opportunity.
Can the dual-key apartment be occupied separately or combined?
Yes, the dual-key design allows each apartment to be occupied separately or combined, providing flexible living arrangements or rental options.
What amenities and public transport options are nearby?
The property is opposite Central Railway Station, with walking distance to Queen's Wharf, Eagle Street Pier, and upcoming Albert Street Station, offering excellent connectivity and access to Brisbane's CBD and entertainment precincts.
Is the property furnished and what does it include?
Yes, the apartment is sold fully furnished, including all furniture and appliances, ready for immediate occupancy or rental.
What are the body corporate and council rates?
The approximate body corporate fees are $12,190 per annum, Brisbane City Council rates are around $2,000 per year, and water rates are approximately $1,200 annually.
Are there any upcoming strata or body corporate fee increases planned for the property? Are there any restrictions or easements affecting the property or building? Has the property been inspected for any structural or heritage-related issues? Are there any planned developments or construction projects nearby that could impact the property? What are the zoning regulations and potential for future development or renovations? Is the property compliant with all building and safety standards? Are there any known issues with noise, pests, or neighbours? What are the terms of the current lease agreements, and are there any restrictions on future rentals? Are there any flood or bushfire risks associated with the property location? Is the property part of a strata scheme, and what are the associated responsibilities and costs?

2018-2019/255 Ann Street, Brisbane City QLD 4000 - More Details

Rare Dual-Key Opportunity in Brisbane's Iconic Heritage Building

Investors and owner-occupiers - don't miss this opportunity to secure a property in one of Brisbane City's best-kept heritage buildings. This dual-key apartment offers exceptional flexibility: rent out both sides, or live in one while generating income from the other - a strong advantage in today's market.

Positioned opposite Central Railway Station with Woolworths Metro at your doorstep, this property offers unmatched convenience and direct access to everything Brisbane's CBD has to offer.

If you are looking for a high-yielding property, this is the one. All offers are welcome and must be submitted on a REIQ contract.

Body Corporate Fees: Approx. $12,190 pa

Brisbane City Council Rates: Approx. $2,000 pa
Queensland Urban Utilities Water: Approx. $1,200 pa

Apartment Features:

- Dual key: two-bedroom apartment, each with kitchen and bathroom facilities
- One bedroom apartment with separate living area
- One studio apartment
- Dual key - Can be occupied separately or combined
- Total area approx. 67sqm on Level 2
- Currently rented at $915 per week combined and fully furnished (1 bedroom $520 per week until 25th April 2026, studio $395 per week until 12th May 2026)
- Rental potential approx. $1,050 per week combined and furnished after current lease ends (1 bedroom approx. $600 per week, studio approx. $450 per week)
- Sold furnished
- Both apartments are on one title

Nearby to The Queen's Wharf Brisbane precinct, which is a unique and vibrant new world city development featuring a boutique underground shopping centre, first-class casino, new public recreational facilities, pedestrian bridge to South Bank and river boardwalks.

Walking distance to the new Albert Street Station, which will provide rail services to the southern end of the CBD for the first time, opening up opportunities for employment, business, education, and entertainment. It will be the first new inner-city train station in 120 years with over 67,000 passengers projected every day.

Minutes is all it takes to walk to the Eagle Street Pier and Waterfront Precinct development that will integrate notable riverside spots to create vibrant public spaces, shopping, and dining.

In addition, the Mary Street Vision- supported by Brisbane City Council- aims to revitalise the surrounding area with enhanced public spaces, connectivity, and activation.

DISCLAIMER: Whilst every effort has been made to ensure the accuracy of information contained about this property, it does not constitute any warranty or representation by the vendor or agent. All information contained herein is gathered from sources we consider to be reliable. All interested parties must solely rely on their own inspections, enquiries and searches with all relevant authorities.
Type
Apartment
Bedrooms
2
Bathrooms
2
Area
67.0m2

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