This stunning apartment is located in South Brisbane near South Bank and only a few minutes from the Brisbane CBD, offering tenants a great location, amenities and lifestyle.

The tenant was secured before settlement, thanks to the high demand and low supply we were experiencing in Brisbane's rental market at the time.

• Purchase price: $544,020

• Property: Apartment 1 Bed, 1 Study, 1 Bath, 1 Car space with storage

• Location: South Brisbane

• Buyer: Sydney-based investor

• Rent achieved: $515 per week

• Gross rental yield: 4.92%

• Suburb vacancy rate: 1.1% (Aug 2022)

• Suburb median unit price: $520,000

• Past 12-month suburb unit growth: 9.5%

• Average 20-year growth: 11.9%