3/15 Weightman StreetHerston QLD 4006
Property Details for 3/15 Weightman St, Herston
3/15 Weightman St, Herston is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 25m2 and floor size of 22m2. While the property is not currently for sale or for rent, it was last sold in January 2026. There are other 1 bedroom Unit sold in Herston in the last 12 months.
Last Listing description (December 2025)
*PLEASE NOTE: THIS PROPERTY IS ONLY FOR INVESTORS AND CANNOT BE OWNER OCCUPIED*
Investment Features:
Guaranteed rental income is paid monthly by the complex Management Company under a long-term lease arrangement. This provides income stability, peace of mind as well as stress-free tenant vacancy periods. You earn rental income even when your property is vacant, boosting your ROI. This stability can help you to budget your finances and make your investment property loan repayments more easily.
As well as providing normal motel accommodation close to the Herston hospital precinct, the motel also specialises in providing no- and low-cost accommodation to patients, their carers and families through the Patient Travel Subsidy Scheme (PTSS), making stays as affordable, stress-free and comfortable as possible.
For the owners it is a safe long-term investment, set and forget, enabling them to sleep at night.
The portfolio has the potential for long-term capital growth underpinned by annual CPI-linked rent reviews, and an initial 17-year lease term, with unlimited extensions if options are exercised.
Other investments may be more profitable, if you can find any that are more secure without fear of financial loss or depreciation of asset. This is really an investment that ISN'T "Too good to be true".
Location Features:
Conveniently located near Royal Brisbane and Women's Hospital, CBD, RNA Convention Centre, Victoria Park Precinct, Suncorp Stadium, Ballymore, Fortitude Valley and other landmark locations. Whether guests are visiting for health, work or pleasure there are many amenities in close proximity to satisfy the needs of everyone. With the 2032 Olympics now officially confirmed, this is also an outstanding opportunity in the heart of Herston and only 8mins drive from the CBD".
Unit and building features:
Free onsite parking
Self-service laundry facilities
Air conditioning and ceiling fan
Outdoor patio
Vending machine & luggage storage
Onsite BBQ area
Wifi services
Lease option period extends to 2043
Gross income exceeding $14,000 for FY24
Low Body Corporate fees - $820/quarter
Water & sewerage - $291/quarter
Council rates - $799/quarter
Negative gearing potential (seek independent tax advice)
Rent indexed to CPI increases
Contact Brady Hope today on 0461 436 040 to register your interest today!
**Disclaimer**
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Property History for 3/15 Weightman St, Herston, QLD 4006
- 13 Jan 2026Sold for $175,000
- 19 Sep 2025Listed for Sale Undisclosed
- 24 Oct 2024Listed for Sale FOR SALE
Recent sales nearby
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About Herston 4006
The size of Herston is approximately 1.6 square kilometres. It has 6 parks covering nearly 48.2% of total area. The population of Herston in 2016 was 2215 people. By 2021 the population was 2311 showing a population growth of 4.3% in the area during that time. The predominant age group in Herston is 20-29 years. Households in Herston are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Herston work in a professional occupation.In 2021, 39.40% of the homes in Herston were owner-occupied compared with 35.50% in 2016.
Herston has 1,169 properties. Over the last 5 years, Houses in Herston have seen a 65.27% increase in median value, while Units have seen a 112.69% increase. As at 28 February 2026:
- The median value for Houses in Herston is $1,671,947 while the median value for Units is $1,030,566.
- Houses have a median rent of $685 while Units have a median rent of $650.
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