89 Saint Andrew Street, Kuraby, QLD 4112 | BlockOfUnits for sale | OnTheHouse
 
FOR SALE
For Sale

89 Saint Andrew Street
Kuraby QLD 4112

Bedrooms: 5
Bathrooms: 5
Car spaces: 2
Floor area: 215m2
Land area: 405m2
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New Rooming House in prime location

Hugo Alexander is proud to present an exceptional high-yield investment opportunity at 89 Saint Andrew Street, Kuraby. Purpose-built to maximise rental income and long-term capital growth, this newly constructed Class 1B Rooming House delivers outstanding cashflow performance from day one, underpinned by a premium build, thoughtful layout, and significant energy-efficiency upgrades including a 13.3kW three-phase solar system.
There are only three open homes scheduled before Christmas, beginning this Saturday 9:00am. Opportunities like this are tightly held and typically move fast, with comparable assets going under contract after just one or two inspections. Investors wanting to secure a cash-flowing, fully finished, low-maintenance asset before the end of the year are encouraged to attend.
First open home: Saturday 29th Nov 9:00am
Second open home: Saturday 6th Dec 9:00am
Third open home: Saturday 13th Dec 9:00am
Limited inspection opportunities available prior to Christmas.
Current gross income is exceptional and it is fully leased. All five rooms.
If fully leased exclusively on twelve-month terms, income is estimated at approximately $130,000 per annum.
Investors benefit from both flexibility and income diversification.
Positive-yielding assets of this calibre are increasingly rare in metro Brisbane. Rooming houses continue to show strong capital growth due to rising demand, limited supply, and attractive lending metrics. Leveraging equity into further acquisitions is a popular growth strategy with this asset class due to their unique combination of strong cashflow performance and long-term appreciation potential.
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Property Details for 89 Saint Andrew St, Kuraby

89 Saint Andrew St, Kuraby is a 5 bedroom, 5 bathroom BlockOfUnits with 2 parking spaces. The property has a land size of 405m2 and floor size of 215m2. The place is currently for sale with Hugo Alexander Property Group.

Building Type
BlockOfUnits
Floor Size
215m2
Land Size
405m2
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About Kuraby 4112

The size of Kuraby is approximately 4.5 square kilometres. It has 19 parks covering nearly 15.9% of total area. The population of Kuraby in 2016 was 8108 people. By 2021 the population was 8737 showing a population growth of 7.8% in the area during that time. The predominant age group in Kuraby is 10-19 years. Households in Kuraby are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kuraby work in a professional occupation.In 2021, 72.50% of the homes in Kuraby were owner-occupied compared with 72.80% in 2016.

Kuraby has 2,914 properties. Over the last 5 years, Houses in Kuraby have seen a 108.65% increase in median value, while Units have seen a 141.48% increase. As at 31 October 2025:

  • The median value for Houses in Kuraby is $1,400,193 while the median value for Units is $771,124.
  • Houses have a median rent of $740 while Units have a median rent of $590.
There are currently 23 properties listed for sale, and 5 properties listed for rent in Kuraby on OnTheHouse. According to Cotality's data, 94 properties were sold in the past 12 months in Kuraby.

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Harry Imam
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Ravi Gayan
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Hugo Alexander Property Group
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