26 Somervell St, Annerley is a 10 bedroom, 6 bathroom Unit with 1 parking spaces. The property has a land size of 810m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 10 bedroom Unit sold in Annerley in the last 12 months.
This fully tenanted block of 6 internal units on 810sqm (2 titles of 405sqm each) and zoned LMR2 Low-medium density residential (2 or 3 storey mix) is offered for sale to the astute investor looking for strong rental return and redevelopment growth potential.
Please read the entire listing for answers to most questions.
Note - Video Inspection available, please submit an enquiry.
Built pre war with a total annual gross rental income of around $103,000 and no body corporate you will be fully in control of your investment. Further cosmetic renovations could increase your return, or you could look to redevelop the site.
Unit 1 - $350pw
2 bed, 1 bath + Study
Lease End 2/5/26
Unit 2 - $330pw
2 bed, 1 bath
Lease End 6/2/26
Unit 3 - $300pw
1 bed, 1 bath
Lease End 23/7/26
Unit 4 - $300pw
1 bed, 1 bath or 2 bed combined living area.
External Bathroom
Lease End 28/1/26
Unit 5 - $400pw
2 bed, 1 bath
Lease End 3/7/26
Unit 6 - $300pw
1 bed, 1 bath or 2 bed combined living area.
Lease End 3/11/26
Current Yield
$1,980 per week /
$102,960 per year
810sqm consisting of 2 titles of 405sqm each.
Separate electricity meters, combined water.
BCC Rates approx $2,113 per quarter
Water approx $1,687 per quarter (not separately metered).
No Body Corporate Fees
Located in a great pocket of Annerley the units are walking distance to public transport (Fairfield Train Station) and Ipswich Road. Close to cafes, shops, eateries, kindergarten/childcare services and schools, as well as easy access to major arterials.
An 8-minute drive to the City and a 10-minute drive to Southbank.
For Sale Now.
Provide your details for access to
- Disclosure Statement.
- Private video inspection link.
- Offer Document.
Note physical inspections are available AFTER viewing the inspection link and submitting an EOI.
Acceptable Terms
7 Business days Building and Pest
10 Business days Finance.
30 Day Settlement
Recent Sales yields of apartment blocks for information purposes only -
412 Annerley Road, Annerley
4.31% Return
$1,500,000
Sold May 2025
708sqm
3 x 2 bed units
Gross rental return $64,740
Weatherboard Walk Up
752 Ipswich Road, Annerley
4.81% Return
$1,917,000
Sold on 31 Mar 2025
809m2
Unit Details (Separately titled)
- 1 x 4-bed / 1-bath / 2-car
- 3 x 2-bed / 1-bath / 1-car
- 1 x 1-bed / 1-bath / 1-car
Gross rental return $92,300 per year
Brick and tile walk up.
*Note Images have been modified with AI for tenant privacy.
The size of Annerley is approximately 2.8 square kilometres. It has 11 parks covering nearly 4.1% of total area. The population of Annerley in 2016 was 11336 people. By 2021 the population was 11891 showing a population growth of 4.9% in the area during that time. The predominant age group in Annerley is 20-29 years. Households in Annerley are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Annerley work in a professional occupation.In 2021, 44.00% of the homes in Annerley were owner-occupied compared with 42.90% in 2016.
Annerley has 6,436 properties. Over the last 5 years, Houses in Annerley have seen a 81.46% increase in median value, while Units have seen a 112.17% increase. As at 31 January 2026:
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