155, 155A & 157 Braun Street, Deagon, Qld 4017

For Sale

155, 155A & 157 Braun Street, Deagon, Qld 4017

155, 155A & 157 Braun Street, Deagon, Qld 4017-Floorplan

Block Of Units

Type

Bedrooms

Bathrooms

Parkings

1,215 m²

Area

Published on Thursday, May 21, 2026 ( See property details for 155, 155A & 157 Braun Street, Deagon, Qld 4017)

Offers to Purchase Closing 5pm 19th June

Brendan Gibb - Real Estate Agent - Upside Ave. - CAMP HILL

Brendan Gibb Principal

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Rachael Gibb - Real Estate Agent - Upside Ave. - CAMP HILL

Rachael Gibb Managing Director

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AI Property Insight

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

A rare investment opportunity comprising three modern, purpose-built Rooming House assets in Brisbane’s sought-after northern bayside corridor, offering flexible purchase options and strong income potential.

🏡 Property Highlights

Rare opportunity to acquire one or all three purpose-built Rooming House / Multi-Occupancy Assets in Brisbane’s northern bayside corridor.
Combined gross income of over $318,000 per annum at current lease rents, with potential to increase to over $346,000 at market value rents.
Modern improvements completed in November 2022, with remaining structural warranty coverage until May 2029.
Includes 39.42kW solar infrastructure, promoting energy efficiency and cost savings.
Low Density Residential zoning offering flexibility for future development or investment strategies.
Total landholding of approximately 1,215m2 with combined building area of 727.2m2, providing substantial space for tenants and potential expansion.

✨ Key Features

Open-Plan Living
Built-in Robes
Outdoor Area
Solar Panels
Waterfront / Views
Security Screens / Gates
Fly Screens
NBN / High-Speed Ready
Extra Storage (Shed/Linen)
Low-Maintenance Yard

Suburb and Property Insights of Deagon, QLD 4017

Deagon is a highly sought-after northern Brisbane suburb known for its convenient access to Brisbane CBD and coastal areas. It offers a vibrant community atmosphere, excellent transport links, and a mix of residential and commercial developments. The area benefits from proximity to parks, schools, and local amenities, making it ideal for tenants and investors alike. Its low-density zoning provides flexibility for future growth and development, ensuring long-term value appreciation.

Frequently Asked Questions

What is the current occupancy status of these properties?

Each property contains five individual tenancies, all currently leased, providing immediate income for investors.

Are there any recent upgrades or renovations?

Yes, all properties feature modern improvements completed in November 2022, with remaining structural warranty coverage until May 2029.

What are the potential rental income and returns?

At current lease rents, the combined gross income is approximately $318,282.75 per annum, with an indicative net return of around $284,721.81 annually.

Is there any solar infrastructure included?

Yes, the properties include a 39.42kW combined solar infrastructure, supporting energy efficiency and cost savings.

What is the zoning classification and potential for future development?

The properties are zoned Low Density Residential (LDR), offering flexibility for future development or investment strategies.

What to ask about this property to agent?

Are there any hidden costs or upcoming maintenance expenses not disclosed in the documentation? Have all necessary planning approvals and compliance certificates been obtained for the recent improvements? Are there any existing or past issues with structural integrity or pest infestations? What are the zoning restrictions and are there any easements or covenants affecting the properties? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? Are there any planned developments or construction projects nearby that could impact the property? What are the terms and conditions related to the structural warranty coverage? Are there any strata or body corporate arrangements, and what are their fees and regulations? Is there any ongoing or upcoming maintenance required for the solar infrastructure? What are the lease terms and conditions for the current tenancies, including rent reviews and lease expiry dates?

155, 155A & 157 Braun Street, Deagon, Qld 4017 - More Details

Offers to Purchase Closing 5pm 19th June

BUY ONE, BUY TWO OR ACQUIRE THE ENTIRE PORTFOLIO

155 Braun Street, 155A Braun Street & 157 Braun Street, Deagon QLD

Upside Ave is pleased to present a rare opportunity to acquire individually or all together in one line - three purpose-built Rooming House / Multi-Occupancy Accommodation (MOA) assets positioned within Brisbane’s tightly held northern bayside corridor.

Detailed Information Memorandum and DD Pack available upon request.

INVESTMENT HIGHLIGHTS
Combined, the portfolio generates:
• Gross Income @ Current Lease Rents: $318,282.75 p.a.
• Gross Income @ Market Value Rents: $346,458.60 p.a.
• Indicative Net Return @ Current Lease Rents: $284,721.81 p.a.
• Indicative Net Return @ Market Value Rents: $312,897.66 p.a.

Each property contains 5 individual tenancies and benefits from modern improvements completed in November 2022 together with remaining structural warranty coverage through to May 2029.
The assets also include:
• 39.42kw combined solar infrastructure
• Existing operational systems and tenancy structures
• Low Density Residential (LDR) zoning
• Approx. 727.2m2 combined building area
• Approx. 1,215m2 combined landholding

Individual Property Highlights:
155 Braun Street, Deagon
• 5 Tenancies
• 307m2 Land Area
• 244.5m2 Building Area
• Gross Income @ Current Lease Rents: $106,963.88 p.a.
• Indicative Net Return @ Current Lease Rents: $96,505.88 p.a.

155A Braun Street, Deagon
• 5 Tenancies
• 601m2 Land Area
• 238.2m2 Building Area
• Gross Income @ Current Lease Rents: $105,920.33 p.a.
• Indicative Net Return @ Current Lease Rents: $94,012.24 p.a.

157 Braun Street, Deagon
• 5 Tenancies
• 307m2 Land Area
• 244.5m2 Building Area
• Gross Income @ Current Lease Rents: $105,398.55 p.a.
• Indicative Net Return @ Current Lease Rents: $94,203.69 p.a.

SALE PROCESS
The properties are being offered via Offers to Purchase.
Buyers may submit offers on:
• Individual properties
• Multiple properties
• The entire portfolio

Offers may be submitted:
• Unconditionally; or
• Subject to conditions including finance and due diligence.

OFFERS TO PURCHASE CLOSE:
5:00pm Friday 19 June 2026
The sellers reserve the right to sell one or all properties prior to the closing date.
A comprehensive Information Memorandum and supporting Due Diligence Pack are available to qualified buyers upon request.
Contact the exclusive marketing agents to request the IM and further information.

DISCLAIMER:
All information and figures are indicative only and subject to purchaser due diligence. Buyers should obtain independent legal, taxation and financial advice prior to entering into any transaction.

Type: Block Of Units
Bedrooms: 15
Bathrooms: 15
Parkings: 11
Area: 1,215 m²
House Size: 727 m²

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155, 155A & 157 Braun Street, Deagon, Qld 4017

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