67 King Street, Annerley, Qld 4103

$3,922,000

Block Of Units
Type
12
Bedrooms
6
Bathrooms
6
Parkings
809 m²
Area

Last updated on Saturday, June 20, 2026 ( See property details for 67 King Street, Annerley, Qld 4103)

$3,922,000

Jane Elvin Principal & Lead Sales Agent
Joey Elvin BDM & Sales Associate to Jane Elvin
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A well-maintained, elevated block of six fully tenanted units offering strong income, city views, and excellent future growth potential in Annerley’s prime location.

🏡 Property Highlights

  • Well-maintained block of six fully tenanted units with strong rental income
  • Elevated 809sqm parcel capturing city views in a prime inner-city location
  • Consistent cash flow with current rental income of $136,240 PA and projected up to $180,000 PA
  • Generous, larger-than-average 2-bedroom layouts with private balconies and ample storage
  • Excellent investment opportunity with scope to upgrade units and increase rental returns
  • Prime position within the Brisbane South State Secondary College catchment and close to transport, hospitals, and shopping

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area / Balcony
  • Garage / Secure Parking
  • Internal Laundry
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)

Annerley is a vibrant inner-city suburb renowned for its convenient location and community atmosphere. It offers excellent access to transport, hospitals, and educational institutions, making it ideal for both investors and families. The area features a mix of historic charm and modern amenities, with easy access to Brisbane’s CBD and surrounding suburbs. Local cafes, shopping centres, and parks enhance the lifestyle appeal, while the proximity to major hospitals and universities provides ongoing demand for rental properties.

What is the current condition of the units and potential for upgrades?
The units are well-maintained with larger-than-average layouts, and there is significant scope to upgrade the units to increase rental income and property value.
Are there any restrictions or zoning considerations for future development?
The property is zoned BR 4, which allows for potential development or renovation opportunities, subject to council approvals.
What are the ongoing costs associated with owning this property?
The current rates are $1,828.85 per quarter, with additional costs including maintenance, management fees, and potential upgrade expenses.
Is the property suitable for self-managed superfund investment?
Yes, the property is suitable for investment under a self-managed superfund, offering a reliable income stream and potential for capital growth.
What is the rental market outlook for these units?
The units are not at current market rent, with potential to increase rent to approximately $550-$580 per week, boosting annual income to around $171,000 to $180,000.
Are there any upcoming council or development plans in the area that could affect the property's value or rental demand? Have the units been inspected recently for structural issues or required repairs? Are there any easements, zoning restrictions, or planning overlays that could impact future renovations or development? What are the strata or body corporate arrangements, if applicable, and associated costs? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? Are there any planned infrastructure projects or construction nearby that could cause noise or disruption? What are the terms of the current leases, and are there any upcoming lease expirations or rent reviews? Are there any hidden costs or fees associated with the property, such as management or maintenance fees? Has the property been inspected for pests, mold, or other health and safety issues? What are the long-term growth prospects for the Annerley area and how might they impact this investment?

67 King Street, Annerley, Qld 4103 - More Details

$3,922,000

Type
Block Of Units
Bedrooms
12
Bathrooms
6
Parkings
6
Area
809 m²

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