Brisbane - South Brisbane

A First Investment | Building the Foundations

Property Info

→ 102/8 Cordelia Street, South Brisbane

→ 2 Bed, 2 Bath, 1 Car

→ $805,000

→ Yield of 4.2%

This purchase marked the first step into property investing for the daughter of one of our long-term clients — and it’s a strong, sensible introduction to the market.

The brief was clear: a low-maintenance, inner-city unit with immediate income, minimal downtime, and long-term rental appeal. We secured 103/8 Cordelia Street, South Brisbane, an already tenanted apartment in one of Brisbane’s most established and resilient inner-city locations.

The deal was brought together by Zoran on 23 December, a time of year when many buyers step back. Preparation and decisiveness allowed us to move quickly and confidently while others paused.

Purchased for $805,000, the property was leased at $650 per week, providing income from day one and removing vacancy risk from the outset. This equates to an approximate gross yield of 4.20%, a solid outcome for an inner-city apartment with strong ongoing tenant demand.

South Brisbane continues to perform well due to its proximity to the CBD, hospitals, transport, education, and lifestyle precincts. The unit itself aligns neatly with the local tenant demographic, making it a straightforward, set-and-forget style investment.

A clean, well-timed purchase and a great first step into property investing, setting a strong foundation for future portfolio growth.Thank you to:
Selling Agent - Alexander Denmeade of Place Kangaroo Point

Broker - James Kristenson of Fundfin

Solicitors - Dore & Webb

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