29 Gray Road, West End, Qld 4101

$6,500,000

Block Of Units
Type
16
Bedrooms
16
Bathrooms
5
Parkings
817 m²
Area

Published on Tuesday, July 07, 2026 ( See property details for 29 Gray Road, West End, Qld 4101)

$6,500,000

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

A rare opportunity to acquire a substantial freehold residential investment with 16 apartments in the highly sought-after West End precinct, offering strong rental income and long-term growth potential.

🏡 Property Highlights

  • Large freehold block with 16 self-contained apartments
  • Consistent high occupancy and stable rental income of circa $326,650 PA
  • Prime inner-city West End location with immediate access to key lifestyle hubs
  • Flood-free landholding with double brick construction and brand new roof
  • Close proximity to Brisbane CBD, South Bank, and major transport options
  • Strong long-term capital growth potential in a tightly held suburb

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Waterfront / Views
  • Secure Parking
  • Home Office / Study
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Low-Maintenance Yard

West End is one of Brisbane's most vibrant and desirable inner-city suburbs, renowned for its eclectic café and dining scene, proximity to the Brisbane River and South Bank Parklands, excellent transport links including City Cat and bus services, and a strong community atmosphere. Its close access to the CBD, major hospitals, universities, and urban renewal areas makes it a highly sought-after location for both tenants and investors. The suburb offers a mix of cultural attractions, green spaces, and a dynamic lifestyle, ensuring long-term appeal and growth potential.

What is the current rental income and occupancy rate?
The property generates a gross income of approximately $326,650 per annum with consistently high occupancy and negligible vacancies.
Are there any recent upgrades or renovations?
Yes, the property features a brand new roof and double brick construction, ensuring durability and low maintenance.
What are the zoning and development restrictions?
The property is held on a freehold title with no current zoning restrictions impacting its use as a residential investment.
Is the land flood-free and suitable for long-term investment?
Yes, the landholding is flood-free, making it a secure and stable investment option.
What amenities and transport options are nearby?
The property is within walking distance to Brisbane CBD, South Bank Parklands, major hospitals, universities, and offers access to City Cat ferry and bus services.
Are there any hidden costs or upcoming maintenance expenses for the building? Has the property been compliant with all local building and safety regulations? Are there any easements, zoning restrictions, or planning overlays affecting the property? Is there any history of flooding or environmental risks on the land? Are there any ongoing or planned developments in the vicinity that could impact the property’s value or living conditions? What are the strata or body corporate arrangements, if applicable? Are there any noise or nuisance issues from nearby properties or infrastructure? Has the property undergone any recent pest or structural inspections? Are there any restrictions on future modifications or expansions? What are the long-term capital growth prospects for this location?

29 Gray Road, West End, Qld 4101 - More Details

$6,500,000

16 Apartments | Circa $326,650 PA Income | Prime Inner-City Location

Offered for sale , 29 Gray Road, West End presents a rare opportunity to secure a substantial freehold residential investment in one of Brisbane's most tightly held inner-city suburbs - West End

Positioned in the sought-after Hill End precinct, the property comprises 16 self-contained apartments and benefits from consistently strong tenant demand, stable occupancy history and immediate access to key lifestyle and employment hubs.
________________________________________
Key Highlights
• Big Block Freehold residential apartment building
• 16 apartments (14 studios, 2 one-bedroom)
• Current gross income: circa $326,650 per annum
• Consistently high occupancy with negligible vacancies
• Double Brick construction
• Brand new roof
• Flood-free landholding
• Held by current owner since 2015
• Within Brisbane State High School & West End State School catchments
________________________________________
Location
One of Brisbane's most desirable inner-city residential precincts, offering immediate access to:
• Brisbane CBD (3km approx.)
• Brisbane River & Orleigh Park
• City Cat ferry & City Glider transport
• South Bank Parklands
• West End café, dining & retail precinct
• Major hospitals & universities
• Kurilpa precinct urban renewal area
________________________________________
Opportunity
A rare chance to acquire a scale freehold residential asset in a high-demand inner-city location with strong rental fundamentals and long-term capital growth potential.
Freehold residential assets of this scale and inner-city position are tightly held in West End, with limited comparable opportunities available to the market.
________________________________________
For Sale
For further information or to arrange a private inspection, please contact:
Angus Commins
0418 715 454
Type
Block Of Units
Bedrooms
16
Bathrooms
16
Parkings
5
Area
817 m²

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