Property Details for 82-85/14 Ferry Rd, West End
82-85/14 Ferry Rd, West End is a 4 bedroom, 1 bathroom Unit.
Last Listing description (October 2022)
Hassle-free investment with incredible returns, located within one of the hottest property catchments of Brisbane. The Brisbane State High catchment of West End and South Brisbane just goes from strength to strength. Initially built in 2005, the complex was designed with investment in mind with the main goal of maximising investor returns.
This apartment is quietly positioned on the top floor at the rear of the complex. Set up so each room is individually rented, on their own lease, it has been safely providing significant rental yields since inception. Whilst vacancy rates are extremely low, with a property of this nature, you are still obtaining investment income from the others if one becomes vacant. It is almost foolproof!
Currently providing a gross rental income of approx. $560 per week, the apartment represents a superb return in the heart of the Brisbane State High School catchment. The ongoing costs are low, and the vacancy rate is almost non-existent.
However, if you are an owner-occupier who wants a way to break into the Real Estate market, this opportunity should be considered. Secure the apartment, and you may even decide to rent out the other 3 bedrooms and receive approx. $420 a week income, which will assist with covering the mortgage and other associated costs.
The features are as follows (but certainly not limited to):
* 4 Bedrooms, all on individual leases;
* One bathroom with two separate toilets;
* A well-positioned kitchen & dining leads to a balcony;
* The apartment is furnished in the common area; &
* Located in the emerging West End precinct.
Not only offering ideal investment criteria, it also offers location and lifestyle benefits that have come to be expected from the suburb of West End:
* 600m to ALDI Centre;
* 750m to West End Ferry Terminal;
* 1.5km to main dining precinct;
* 2km to Brisbane State High School;
* Easy bus access to the Brisbane CBD.
For this investor, the time has come to de-leverage and capitalise on other life opportunities. Call now to discuss the full details.
*Photos are limited due to current tenants' privacy.
Property History for 82-85/14 Ferry Rd, West End, QLD 4101
- 30 Jun 2022Listed for Sale Under Contract
Recent sales nearby
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0About West End 4101
The size of West End is approximately 2.3 square kilometres. There are 4 parks, covering nearly 6.7% of the total area. The population of West End in 2016 was 9474 people. By 2021 the population was 14730 showing a population growth of 55.5% in the area during that time. The predominant age group in West End is 20-29 years. Households in West End are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West End work in a professional occupation.In 2021, 39.50% of the homes in West End were owner-occupied compared with 38.70% in 2016.
West End has 9,604 properties. Over the last 5 years, Houses in West End have seen a 52.36% increase in median value, while Units have seen a 97.36% increase. As at 30 June 2026:
- The median value for Houses in West End is $2,172,271 while the median value for Units is $1,080,908.
- Houses have a median rent of $950 while Units have a median rent of $760.
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