117 Park Rd, Yeronga is a 30 bedroom, 6 bathroom BlockOfUnits. The property has a land size of 910m2. While the property is not currently for sale or for rent, it was last sold in January 2026. There are other 30 bedroom BlockOfUnits sold in Yeronga in the last 12 months.
With a projected gross rental income of $768,000 within a year, this 41 room, two storey dwelling is fully accredited with the Brisbane City Council and Department of Housing (Residential Service Unit) for 46 residents. Further, the property has the square meterage and amenities to facilitate a further increase to 52 persons (STCA), increasing the above projected annual gross rental income to $870,000 within a year.
With a property manager currently appointed, this property represents a passive investment for purchasers. Always occupied, this rooming accommodation has a capped waiting list and demand from potential tenants is continual and endless.
In an ultra-convenient location, the property is a short walk to Yeronga Train Station. Bus transport to the CBD is 70m away, with the outbound bus stop positioned on the opposite side of road from the property.
ACCREDITATION
• Accreditation as a Residential Service Level 1 for 46 residents
GROSS INCOME
• Currently returning $624,225 per annum (with 40 residents)
• Weekly rent 37 x $295, 1 x $300, 1 x $325, 1 x $350
OUTGOINGS PER ANNUM
• Gas $4,200
• Water $13,844
• Rates $8,564
• Insurance $11,767
LAND
• 910m2 LMR (2 or 3 Storey Mix Zone) on 2 lots, no traditional character overlay
• May be possible for the rear part of the block to be subdivided into a third block of approx. 350sqm and sold separately, without affecting the current dwelling (STCA)
• Not on flood map
PROPERTY OVERVIEW
• All rooms fully furnished
• All 41 rooms have personal storage, furniture, beds, fridge/freezer
• Recently painted internally and externally
• New carpet
• Near new roof
• Solar power, 36 panels
The size of Yeronga is approximately 3.5 square kilometres. It has 13 parks covering nearly 21.8% of total area. The population of Yeronga in 2016 was 6535 people. By 2021 the population was 7062 showing a population growth of 8.1% in the area during that time. The predominant age group in Yeronga is 20-29 years. Households in Yeronga are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Yeronga work in a professional occupation.In 2021, 51.90% of the homes in Yeronga were owner-occupied compared with 53.30% in 2016.
Yeronga has 3,735 properties. Over the last 5 years, Houses in Yeronga have seen a 64.85% increase in median value, while Units have seen a 102.18% increase. As at 31 March 2026:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.