40 Barker StreetEast Brisbane QLD 4169
Property Details for 40 Barker St, East Brisbane
40 Barker St, East Brisbane is a 9 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 1940. The property has a land size of 810m2 and floor size of 270m2. While the property is not currently for sale or for rent, it was last sold in July 2025.
Last Listing description (September 2025)
Located in the highly sought-after Churchie precinct of East Brisbane, just 2km from the Brisbane CBD, this rare offering presents the perfect blend of immediate rental return, strong capital growth potential, and future development opportunity.
Positioned on a generous 810sqm across two lots in a quiet, tree-lined street, this charming character Queenslander has been thoughtfully converted into four self-contained flats - currently returning a combined gross rental income of approximately $115,440 per annum.
Property Attributes:
• Unit 1 - 2 x bedrooms currently rented till 02.11.25 returning $560 per week
• Unit 2 - 2 x bedrooms currently rented till 22.11.25 returning $480 per week
• Unit 3 - 2 x bedrooms currently rented till 15.10.25 returning $550 per week
• Unit 4 - 3 x bedrooms currently rented till 22.06.26 returning $630 per week
Whether you're a savvy investor, SMSF buyer, or developer, this is a prime opportunity to secure a blue-chip asset in a tightly held pocket of Brisbane. With scope to further enhance and increase rental yields or to reimagine the property into a stunning architectural residence, the possibilities are endless.
Property Highlights:
• Solid rental income with potential for uplift
• Large 810sqm block on two lots
• Onsite parking for all tenants
• Dedicated laundries, storage areas, and drying courts
• Private courtyards for units 1, 3, and 4
• Separate front and rear access for each unit
• Unit 3 & 4 fully renovated
Moments from the iconic Gabba, Churchie (Anglican Church Grammar School), Mowbray Park CityCat terminal, local parks, and an enviable selection of cafes, wine bars and restaurants. Easy access to Brisbane Airport, Clem 7 tunnel, and major arterial roads make this an ideal inner-city address for tenants and future homeowners alike.
This is more than an investment - it's an opportunity to capitalise on one of Brisbane's fastest-growing suburbs, with future development potential and consistent demand from high-quality tenants.
Contact marketing agent Daniel Lazzaroni on 0427 138 906 with any further questions or to arrange an inspection.
Property History for 40 Barker St, East Brisbane, QLD 4169
- 11 Jul 2025Sold for $2,260,000
- 28 May 2025Listed for Sale Offers Over $2,100,000 Considered
- 30 Jun 2022Listed for Sale FOR SALE
Recent sales nearby
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About East Brisbane 4169
The size of East Brisbane is approximately 2.0 square kilometres. There are 10 parks, covering nearly 8.6% of the total area. The population of East Brisbane in 2016 was 5934 people. By 2021 the population was 6186 showing a population growth of 4.2% in the area during that time. The predominant age group in East Brisbane is 20-29 years. Households in East Brisbane are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in East Brisbane work in a professional occupation.In 2021, 42.00% of the homes in East Brisbane were owner-occupied compared with 40.70% in 2016.
East Brisbane has 3,872 properties. Over the last 5 years, Houses in East Brisbane have seen a 44.70% increase in median value, while Units have seen a 107.54% increase. As at 31 July 2026:
- The median value for Houses in East Brisbane is $1,670,617 while the median value for Units is $918,832.
- Houses have a median rent of $850 while Units have a median rent of $650.
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