217 Vulture St, South Brisbane is a 4 bedroom, 7 bathroom House with 10 parking spaces and was built in 1900. The property has a land size of 405m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
Inspections By Appointment
Formerly run as a highly profitable centrally located Student Accommodation facility, South Bank Villas comprises two two-level terrace houses and a workers cottage fronting Vulture Street with a brick and concrete amenities building to the rear.
Located a stone's throw from South Bank Parklands, Mater Hospital and various South Brisbane educational facilities, the complex presents a multitude of opportunities to keen investors and owner occupiers alike.
Past gross income returns have exceeded $190,000.00 PA
The four separate free standing properties on two titles on a total of 1204sqm of blue-chip inner city residential land. The facility could be transformed into a large family housing compound, or the site maximized with an additional unit development. The existing two terraces houses and cottage could be renovated to create three perfectly positioned inner city homes?
With its prime location, there is also scope for an imaginative commercial use. Situated 500 meters to Brisbane State High School, Somerville House and St Laurence's, the position is exceptional. Last time offered for sale 21 years ago, the property has served the current owners extremely well however lifestyle changes mean there is now a unique opportunity for another astute property buyer to take the helm.
Inspections By Appointment - Please contact the Agents.
The size of South Brisbane is approximately 2.3 square kilometres. There are 14 parks, covering nearly 12.6% of the total area. The population of South Brisbane in 2016 was 7196 people. By 2021 the population was 14292 showing a population growth of 98.6% in the area during that time. The predominant age group in South Brisbane is 20-29 years. Households in South Brisbane are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Brisbane work in a professional occupation.In 2021, 27.40% of the homes in South Brisbane were owner-occupied compared with 29.60% in 2016.
South Brisbane has 10,552 properties. Over the last 5 years, Houses in South Brisbane have seen a 41.04% increase in median value, while Units have seen a 86.51% increase. As at 30 June 2026:
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