64 Clifton Street, Moorooka, QLD 4105 | BlockOfUnits for sale | OnTheHouse
 
FOR SALE
$2,370,000

64 Clifton Street
Moorooka QLD 4105

Bedrooms: 8
Bathrooms: 4
Car spaces: 2
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PRIME BLUE CHIP INVESTMENT

PRIME INCOME ASSET | VALUE-ADD OPPORTUNITY | 8.9KM TO CBD
Four incomes. One title. No body corporate. And a value-add story that starts from day one.
64 Clifton Street sits in one of Moorooka's most sought-after pockets — directly beside Mackenzie Place Park, with Billykart Kitchen and a busy neighbourhood retail strip right across the road. It is the kind of location that attracts quality long-term tenants and holds them.
Fully tenanted and generating $2,220 per week ($115,440 per year), this block of four 2-bedroom units on a single 931m² freehold title is a set-and-forget income asset — with a clear, low-cost pathway to lift yield significantly from day one.
The Numbers
Price Guide: $2,350,000 – $2,450,000Gross income: $2,220/pw | $115,440/yrNet income (after all known outgoings): $92,819/yr | $1,785/pwGross yield: 4.81% | Net yield: 3.87%All leases expiring late 2026 — clean transition for a new owner
THE VALUE-ADD OPPORTUNITY
The current owner has left real upside on the table. Three low-cost improvement phases have been identified — each implementable at lease renewal with no vacancy impact:
Phase 1 — Security, storage & laundry upgrade (under $4,000)Divide and secure the undercroft to give each tenant a private lockable space and coded laundry access. Estimated rental uplift: +$170–$250/pw. First-year ROI: 221%–325%.
Phase 2 — Sub-meter water charge-back ($2,400–$4,200)Install approved sub-meters and recover water usage from tenants under Queensland tenancy law. Annual saving: ~$756.
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Property Details for 64 Clifton St, Moorooka

64 Clifton St, Moorooka is a 8 bedroom, 4 bathroom BlockOfUnits with 2 parking spaces. The place is currently for sale with Terri Fellows Real Estate.

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BlockOfUnits
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About Moorooka 4105

The size of Moorooka is approximately 4.1 square kilometres. There are 18 parks, covering nearly 9.3% of the total area. The population of Moorooka in 2016 was 10368 people. By 2021 the population was 10783 showing a population growth of 4.0% in the area during that time. The predominant age group in Moorooka is 30-39 years. Households in Moorooka are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Moorooka work in a professional occupation.In 2021, 57.40% of the homes in Moorooka were owner-occupied compared with 56.30% in 2016.

Moorooka has 5,671 properties. Over the last 5 years, Houses in Moorooka have seen a 62.93% increase in median value, while Units have seen a 126.46% increase. As at 31 July 2026:

  • The median value for Houses in Moorooka is $1,367,951 while the median value for Units is $872,987.
  • Houses have a median rent of $700 while Units have a median rent of $600.
There are currently 31 properties listed for sale, and 22 properties listed for rent in Moorooka on OnTheHouse. According to Cotality's data, 208 properties were sold in the past 12 months in Moorooka.

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Cesar Perilla
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Terri Fellows Real Estate
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