38/87-89 Scott Rd, Herston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1993. The property has a land size of 90m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in March 2024.
Positioned in a high-demand inner-city pocket, this fully renovated apartment offers a rare combination of strong yield, long-term tenancy, and future upside, making it an ideal addition to any investment portfolio.
Currently leased at $675 per week until 11 January 2027, with a rental increase to $700/week secured until January 28. This is a true set-and-forget opportunity in one of Brisbane's most tightly held locations.
The apartment features a light-filled open-plan layout, a modern kitchen with quality finishes, and a private courtyard, perfect for low-maintenance inner-city living.
Property Features:
Fully renovated throughout
2 spacious bedrooms
1 modern bathroom
Open-plan living and dining
Contemporary kitchen with stone benchtops & stainless steel appliances
Premium flooring throughout
Split-system air conditioning + ceiling fans
Private courtyard / backyard
Secure remote undercover parking
Location Highlights:
Approx. 1.2km to Royal Brisbane and Women's Hospital
Approx. 400m to Queensland University of Technology
Approx. 1km to Victoria Park (future Olympic redevelopment)
Approx. 3km to Brisbane CBD
Walking distance to Herston Busway and major transport links
Near Kelvin Grove State College & Brisbane Grammar School
Why You'll Love It..
Strong rental return with built-in growth
Long lease providing income security
Blue-chip location near hospitals, universities & CBD
Low-maintenance, fully updated property
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.
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 1,173 properties. Over the last 5 years, Houses in Herston have seen a 60.90% increase in median value, while Units have seen a 102.61% increase. As at 30 April 2026:
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