Real Estate Industry Partners

32/78 Brookes Street, Fortitude Valley QLD 4006

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Floorplan

32/78 Brookes Street, Fortitude Valley QLD 4006

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UNIQUE INVESTMENT

Bedrooms
2 beds
Bathrooms
3 baths
Parking
1 parking

Dual Occupancy - Apartment + Shop earning $6746.13pm

An opportunity that simply can’t be overlooked; dual income, one title, inner-city position. This is a true dual-key investment combining residential and commercial income streams under one title, delivering immediate returns with long-term upside.

Unit 32 & Shop 3 present a unique configuration:

• A two-bedroom residential apartment on the first floor

• A ground-floor commercial shopfront

• Internal stairwell connection (currently closed off, easily reinstated)

• Two separate tenancies, one ownership, dual income

• Blue-chip inner-city location with ongoing growth and demand

Currently configured as a two income producing asset, this property offers flexibility to maximise yield or adapt to future owner-occupier use.

Upstairs, the apartment features a spacious open-plan kitchen, dining, and living area flowing seamlessly onto a large private balcony with a leafy outlook. The master bedroom includes an ensuite, walk-in wardrobe, and direct balcony access, while the second bedroom is well-positioned opposite the main bathroom.

This portion is securely leased to long-term tenants at $730 per week, increasing to $760 per week from May 2026, with a lease in place until June 2027.

Downstairs, the approximately 100sqm commercial space is occupied by a well-established personal trainer and private gym, providing stable income with a lease secured until March 2027. The tenancy returns $3,582.80 per month.

Apartment Features:
• 2 bedrooms, 2 bathrooms
• 1 secure car space
• Dedicated study area
• Master with ensuite, walk-in wardrobe, and balcony access
• Large private balcony with inner-city outlook
• Well-appointed kitchen with electric appliances and dishwasher
• Secure storage cage
• Ducted air conditioning throughout
• Access to complex pool and gym
• Secure building with key fob entry

Commercial Features:
• Approx. 100sqm open-plan retail space
• Established long-term tenant (private gym)
• High-exposure main road position
• Internal bathroom with shower and toilet
• Internal stairwell connection (currently used as storage)
• Shared ground-level parking

Financial Snapshot:
• Apartment: $730/week, increasing to $760/week (May 2026), lease to June 2027
• Commercial: $3,582.80/month, CPI increases annually, leased to March 2027
• Previous Airbnb occupancy: 84%
• Body corporate, rates, and disclosure available on request

Whether you're seeking a high-performing addition to your portfolio or a strategic long-term hold with multiple exit strategies, this property delivers. Contact us now to book your private inspection!

Property Details

  • Type: Apartment
  • Bedrooms: 2
  • Bathrooms: 3
  • Toilets: 1
  • Garage Spaces: 1
  • Building Area: 200 m² (approx)

Features

  • Remote Garage
  • Secure Parking
  • Air Conditioning
  • Pool (In-Ground)
  • Balcony
  • Outdoor Entertainment Area
  • Broadband
  • Built-In Robes
  • Dishwasher
  • Ducted Cooling
  • Gym
  • Pay TV
  • Reverse Cycle Air Con
  • Split System Air Con
  • Split System Heating
  • Study
  • Other features: 0

MovedBy: Real Estate

21 Daniel Drive, Albany Creek QLD 4035

0431646373

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EMILY ANGELL

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0402100864

MIKE ROONEY

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