2-Bed, 2-Bath Investment Opportunity with Established Income

Set within the Annexe Apartments, a modern, well-managed complex, 406/11 Bowen Bridge Road delivers a well-proportioned two-bedroom, two-bathroom layout with secure parking in one of Brisbane's most talked-about inner-city pockets. It's ideally suited to professionals, first-home buyers and investors.

The open-plan living and dining area is bright and easy to live in, with an east-facing aspect that brings in soft morning light and keeps afternoons shaded and comfortable. The kitchen offers ample bench space and generous storage. Both bedrooms have large walk-in wardrobes, and the master enjoys its own private ensuite. Well maintained throughout, the apartment is ready to move straight into, with split-system air conditioning and ceiling fans for year-round comfort.

For potential investors, the appeal is immediate. The apartment currently sits in the building's on-site rental pool, returning approximately $2,968 per month at 90% occupancy, offering hands-off income from day one.

The location is hard to beat. Sitting directly opposite the Royal Brisbane & Women's Hospital, the apartment has one of the city's largest employers on its doorstep, which is a major drawcard for tenants and professionals alike. Bowen Hills train station is moments away, QUT Kelvin Grove is close by, and the CBD is approximately 3km away.

Bowen Hills is also on the cusp of major change. Just up the road, the $287.5 million redevelopment of the RNA Showgrounds is now underway, with the precinct set to host Brisbane's largest Athletes Village for the 2032 Games before becoming around 1,800 new homes. With transport upgrades and urban renewal already reshaping the area, this is a genuine chance to buy in early.

Property Features:

• Practical Layout: 85sqm footprint across a functional two-bedroom, two-bathroom floorplan.
• Kitchen: Modern and well-appointed, with good bench space and ample storage.
• Bedrooms: Two well-proportioned bedrooms with walk-in wardrobes, and a master with ensuite.
• Keeping Cool: Split-system air conditioning and ceiling fans.
• Well Maintained: Presented in excellent condition throughout.
• Income-Ready: In the on-site rental pool, returning approx. $2,968 per month at 90% occupancy.
• Secure parking and controlled building access.

Location Highlights:

• Directly opposite the Royal Brisbane & Women's Hospital, a major employment hub.
• Moments from the Brisbane Showgrounds (RNA) and Bowen Hills train station.
• Easy walk to the cafes, bars and restaurants of the King Street precinct.
• Close to Fortitude Valley State Secondary College and QUT Kelvin Grove.
• Approx. 3km to the Brisbane CBD.
• Approx. 9km to Brisbane Airport.

Offering the perfect blend of location, low-maintenance living, and proven rental income, this 85sqm property is ready for its next owner. Positioned just moments from major transport links, the hospital precinct, and Fortitude Valley's lifestyle scene, this address keeps you perfectly connected to everything Brisbane has to offer.

Please contact Marty Foelz on 0487 158 879 or Robert Lloyd on 0425 212 263 for more information.

Inspections

Wednesday, 11 Nov 5:30 PM - 6:00 PM

Explore the area

School catchments

Humanitas High School - Initial Campus Secondary Independent 0.81km
Fortitude Valley State Secondary College Secondary 7-12 Government 0.81km
Humanitas High School Secondary 7-11 Independent 0.91km
Angelorum College Combined Prep-10 Independent 0.95km
St Joseph's College - Waterford Place Campus Combined Catholic 1.1km
St Joseph's College Combined 5-12 Catholic 1.1km
Brisbane Central State School Primary Prep-6 Government 1.3km
Music Industry College Secondary 11-12 Independent 1.5km
All Hallows' School Combined 5-12 Catholic 1.5km
St James College Combined 5-12 Catholic 1.6km
IES College Secondary 12 Independent 1.6km
Brisbane Girls Grammar School Secondary 7-12 Independent 1.6km
Queensland Academy for Creative Industries Secondary 10-12 Government 1.6km
Brisbane Girls Grammar School - Primary Campus Primary Independent 1.7km
The BUSY School - Brisbane Campus Secondary Independent 1.7km
The Industry School - Brisbane Secondary 10-12 Independent 1.7km
St Mary of the Cross School Primary Prep-6 Catholic 1.8km
Indie School, Logan - Brisbane City Campus Secondary Independent 1.8km
Kelvin Grove State College Combined Prep-12 Government 1.8km
Compass Independent School Combined Prep-7 Independent 1.8km
Windsor State School Primary Prep-6 Government 1.8km
Brisbane Grammar School Combined 5-12 Independent 1.9km
New Farm State School Primary Prep-6 Government 2.1km
St Columba's Primary School Primary Prep-6 Catholic 2.3km
Petrie Terrace State School Primary Prep-6 Government 2.4km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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