66 Butterfield Street, Herston, Qld 4006

FULLY LEASED CURRENTLY RETURNING $85,800PA

Water Rates: $771.51 per quarter 
BCC Rates: $742.90 per quarter 
House income: $915 per week Lease end date: 14/12/2025
Unit 1 income: $350 per week Lease end date: 22/08/2025
Unit 2 income $350 per week Lease end date: 01/08/2025


Occupying a prime position in the dynamic heart of Herston, this multi-income property has been fully optimised to deliver an exceptional investment prospect less than 3 km to the CBD.

Ideally located within walking distance to Herston's ever-expanding plethora of inner-city amenities, this high- returns, triple-income gem is a stone's throw to Royal Brisbane Hospital, QUT Kelvin Grove and UQ Herston campuses, key arterials and major transport hubs, as well as Victoria Park/ Barrambin, slated to play a significant role in the 2032 Olympic Games.

Comprising a 4-bedroom primary home plus a separate contemporary structure housing two studio units with a communal kitchen area, this fully-tenanted property presents brilliant returns in a well-serviced locality set for significant ongoing investment and growth.

Property highlights:
- Fully-renovated primary four-bed character home in excellent condition
- Separate modern dual unit comprising two self-contained suites with shared kitchen and living
- Weekly returns of $1,615 per week ($915 for primary home plus $350 for each unit)
- 2.5 km to the CBD, 1.5 km to Fortitude Valley, 2 km to James Street precinct
- Walk to RBH, Victoria Park, UQ and QUT campuses
- Incredible transport links including RBWH bus station, ICB, Airport Link, major arterials
- Kelvin Grove State College catchment

Filled with character features throughout, the bright, light-filled primary house has a modern, quality kitchen that flows onto spacious open plan living and dining rooms, as well as a sunroom providing a perfect study zone.

The three bedrooms on this level are serviced by a well-maintained modern bathroom with bathtub and a separate laundry, while a covered paved patio at the rear provides abundant al fresco entertaining.

Presenting additional self-contained accommodation downstairs, the fully-tiled lower level includes a spacious fourth bedroom with its own kitchen, bathroom & laundry, plus a garage & storage room.

At the rear of the block, the stylish, contemporary freestanding addition houses two bedrooms downstairs, each with its own modern ensuite. Upstairs, a communal kitchen opens onto a spacious, tiled living area, cleverly designed with full-width sliding glass doors that capture the elevated district outlook and open to provide seamless indoor-outdoor connection. This upper level also includes an additional modern bathroom with shower.

These well-maintained quality properties also have air conditioning and ceiling fans throughout, plus a covered double carport at the front entry.

Presenting first-rate amenity, connection and convenience within an incredible inner-urban growth zone, this triple-income property has been fully optimised to deliver excellent returns as well as exciting long-term prospects as Herston prepares for the 2032 games. Don't miss this window to secure such a perfectly-primed piece of inner-city Brisbane residential property while you can.