49 Russell St, South Brisbane is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in January 1930.
This boutique apartment building directly opposite Musgrave Park enjoys the convenience of city living while retaining the feeling of a quiet oasis. Just 100m from the vibrant West End cafes and restaurants, and 400m from the South Bank Cultural Precinct, this location is ideal for professionals working nearby.
This property is also an excellent choice for investors, offering a solid 6.8% annual return. Previously utilized as hotel accommodation, it comes with the convenience of an onsite management team. Located near the epicenter of the 2032 Olympic Games, it boasts remarkable potential for significant price appreciation in the coming years.
Its features include:
- Private and spacious courtyard directly facing Musgrave Park in South Brisbane
- Spacious and secure - 68m2 living space with security screens through-out.
- 2x Air-Cons in bedroom and living area
- Laundry including Washing machine & Dryer
- Great sized kitchen with quality Cooktop, Dishwasher & Full size Fridge
- Fully furnished, just bring your luggage and jump in!
- Reception Desk for enquiries & onsite management for 24/7 assistance
- Off-road and security gated underground car park
- Sunny BBQ & Pool area
- Inspection by appointment
Owner must sell!
For further information call Sarah Zhang on 0449814886
or email yazhetrust@gmail.com
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 10,557 properties. Over the last 5 years, Houses in South Brisbane have seen a 42.09% increase in median value, while Units have seen a 82.89% increase. As at 31 July 2026:
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