24-26 Brae Street, Coorparoo QLD 4151

Auction

• Fri 14 March @ 5:30PM 14/03/2025 05:30 PM 14/03/2025 05:30 PM Australia/Sydney Auction for 24-26 Brae Street, Coorparoo QLD 4151 24-26 Brae Street, Coorparoo QLD 4151 Ray White Holland Park false DD/MM/YYYY

Inspections

• Sat 8 February @ 1:30PM - 2PM 08/02/2025 01:30 PM 08/02/2025 02:00 PM Australia/Sydney Inspection for 24-26 Brae Street, Coorparoo QLD 4151 24-26 Brae Street, Coorparoo QLD 4151 Ray White Holland Park false DD/MM/YYYY

Auction

12 beds

6 baths

6 parking

'Bonnie Brae' Flats - A Blue-Chip Investment in Sought-After Coorparoo

Perched in one of Coorparoo's most desirable pockets and built by an award-winning Master Builder 'Bonnie Brae' Flats is offered to the market for the first time in 60 years. Offering a rare investment opportunity with approx. $180,000+ in estimated annual rental income. Meaning 'beautiful top of the hill' in Scottish, the name perfectly reflects its elevated 808m² position, boasting select city views and an unbeatable location just 6km from the CBD.

This solid, double brick complex comprises six fully renovated two-bedroom, one-bathroom units, each featuring modern kitchens and bathrooms, new carpets, upgraded appliances, individual laundries, and secure garaging. Well-maintained with solid tenancies in place, investors can enjoy strong rental returns or capitalise on the option to strata title and sell individually.

Investment Highlights:
• Approximately $180,000+ p.a. rental return with excellent tenancy stability
• Option to strata title for increased future profitability
• Six modernised 2-bed, 1-bath units with individual lock up garage & laundry facilities
• Substantial depreciation allowances with fresh upgrades, including updated bathrooms and kitchens
• Prestigious Coorparoo location in a high-demand rental zone
• Solid double brick and concrete subfloor construction on an elevated 808m² block with city views

A hotspot for students, professionals, and medical workers, Coorparoo remains one of Brisbane's most sought-after suburbs, thanks to its excellent transport links, top-tier schools (Villanova, Churchie, and Loreto), and endless lifestyle offerings. Just minutes from Coorparoo Square, Martha Street Precinct, Camp Hill Marketplace and major hospitals, this is a high-growth investment opportunity in an unbeatable location.

A rock-solid investment with blue-chip security and future potential. Enquire now for more information.


Disclaimer:
While we have made every effort to ensure the accuracy and truthfulness of the information provided in this advertisement, we accept no responsibility and disclaim all liability for any errors, omissions, inaccuracies, or misstatements. Prospective buyers are advised to conduct their own inquiries to verify the information presented.

Property Details

• Type: BlockOfUnits
• Bedrooms: 12
• Bathrooms: 6
• Garage Spaces: 6
• Land Area: 808 m² (approx)

Features

• Air Conditioning
• Balcony
• Built-In Robes
• Dishwasher
• Outdoor Entertainment Area
• Secure Parking