4/240 Ipswich Road, Woolloongabba, Qld 4102

Discover an effortless investment in the heart of Woolloongabba. Located at 4/240 Ipswich Rd, directly opposite the PA Hospital, this fully serviced studio apartment offers a rare opportunity to secure steady returns with minimal hands-on involvement.

Part of a professionally operated serviced complex, the property is fully managed onsite—offering a hands-free investment experience where bookings, cleaning, maintenance, and utilities are covered through an all-inclusive strata arrangement. Investors benefit from streamlined management without the typical burdens of residential tenancy oversight.

The apartment includes a fully equipped kitchen with gas appliances, private laundry facilities, and secure undercover parking. With a consistent guest base of medical professionals, patients, and long-stay visitors, this property has maintained solid occupancy even during market downturns.

Investment Highlights:

* Rental Income: Approx. $19,750/year (based on owner-provided data)
* Fully strata-managed serviced apartment – no owner involvement required
* All ongoing costs and maintenance included in strata fees
* Strong occupancy – over 75% average occupancy in recent months
* Zoning: Mixed Use (STCA) – potential long-term redevelopment upside
* Prime location within 3km of Brisbane CBD

This property also stands to benefit from the upcoming $750 million Buranda Village redevelopment, led by Vicinity Centres just a short walk away. This large-scale urban renewal project includes:

* Construction of approx. 620 new residential apartments
* Over 50,000sqm of commercial office space
* An 8,200sqm open-air retail and dining precinct

Positioned in a key transit corridor close to major hospitals and train/bus stations, this mixed-use development is designed with sustainability and connectivity in mind, and is expected to significantly enhance local amenity and long-term capital growth potential.

Whether you're seeking to diversify your portfolio or secure a passive income asset in a resilient micro-market, this Woolloongabba studio presents a standout investment.

📞 Contact Charley Kim at 0412 214 017 to express your interest or arrange a private inspection.

Please note:
All information contained herein has been sourced from sources we believe to be reliable. However, prospective buyers are strongly encouraged to conduct their own investigations to verify accuracy.
C&K REALTY does not accept responsibility for any errors or omissions and may not provide updates regarding property availability or inspection schedules unless you are registered.