3&32/78 Brookes Street, Bowen HillsQLD 4006

Apartment · 2 bed · 3 bath · 1 car

Considering Offers Around 1.2mil

Listing detail

3&32/78 Brookes Street, Bowen Hills — photo 1 of 5
1 / 5

3&32/78 Brookes Street, Bowen Hills

Listing data updated 6 July 2026

2 bed3 bath1 car

An opportunity that simply can't be overlooked; dual income, one title, inner-city position. This is a true dual-key investment combining residential and commercial income streams under one title, delivering immediate returns with long-term upside. Unit 32 & Shop 3 present a unique configuration: • A two-bedroom residential apartment on the first floor • A ground-floor commercial shopfront • Internal stairwell connection (currently closed off, easily reinstated) • Two separate tenancies, one ownership, dual income • Blue-chip inner-city location with ongoing growth and demand Currently configured as a two income producing asset, this property offers flexibility to maximise yield or adapt to future owner-occupier use. Upstairs, the apartment features a spacious open-plan kitchen, dining, and living area flowing seamlessly onto a large private balcony with a leafy outlook. The master bedroom includes an ensuite, walk-in wardrobe, and direct balcony access, while the second bedroom is well-positioned opposite the main bathroom. This portion is securely leased to long-term tenants at $760 per week, with a lease in place until June 2027. Downstairs, the approximately 100sqm commercial space is occupied by a well-established personal trainer and private gym, providing stable income with a lease secured until March 2027. The tenancy returns $3,582.80 per month. Apartment Features: • 2 bedrooms, 2 bathrooms • 1 secure car space • Dedicated study area • Master with ensuite, walk-in wardrobe, and balcony access • Large private balcony with inner-city outlook • Well-appointed kitchen with electric appliances and dishwasher • Secure storage cage • Ducted air conditioning throughout • Access to complex pool and gym • Secure building with key fob entry Commercial Features: • Approx. 100sqm open-plan retail space • Established long-term tenant (private gym) • High-exposure main road position • Internal bathroom with shower and toilet • Internal stairwell connection (currently used as storage) • Shared ground-level parking Financial Snapshot: • Apartment: $760/week, leased to June 2027 • Commercial: $3,582.80/month, CPI increases annually, leased to March 2027 • Previous Airbnb occupancy: 84% • Body corporate, rates, and disclosure available on request Whether you're seeking a high-performing addition to your portfolio or a strategic long-term hold with multiple exit strategies, this property delivers. Contact us now to book your private inspection!

RealistIQ deal score

Neutral value signal

13

/100

Review the estimated value range, comparable sales, suburb trends, and market signals for 3&32/78 Brookes Street, Bowen Hills before you inspect or make an offer.

Independent price check

Estimate vs market price guide

Market price guide is 20%+ above RealistIQ estimate

Use this as a second opinion and check the comparable sales below.

RealistIQ estimate range: $712,000 - $1,117,000Wider ranges mean more uncertainty.
RealistIQ estimate$914,000
Market price guide$1,200,000
$712,000$1,117,000

12-month Property Outlook

What could this property be worth in 12 months if the local trend continues?

See Momentum and Stable modelled scenarios for this property.

Unlock Plus

See the 12-month outlook for this property.

From $29.90/month. Cancel anytime.

MomentumUnlock
StableUnlock
DownsideUnlock

Before you inspect, check what similar properties actually sold for.

Unlock Plus to see the full list of comparable sales

Unlock map with Plus

Property features

Features detected from the listing details.

Comfort

Air conditioningEnsuite

Kitchen & utilities

Dishwasher

Outdoor & building

Swimming poolBalcony / deckGround floor

Lifestyle & views

StudyGym

From description

Dedicated study areaMaster with ensuite, walk-in wardrobe, and balcony accessLarge private balcony with inner-city outlookWell-appointed kitchen with electric appliances and dishwasherSecure storage cageAccess to complex pool and gymSecure building with key fob entry Commercial Features:

Listing details

Status
Considering Offers Around 1.2mil

Agent and agency

Contact

Emily Angell

Agency

Cottage Asset Real Estate - ARANA HILLS

External listing
larger land

Unlock Plus to see the full list of comparable sales