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: $714,000 - $1,113,000Wider ranges mean more uncertainty.
RealistIQ estimate$914,000
Market price guide$1,200,000
$714,000$1,113,000
Before you inspect, check what similar properties actually sold for.