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240 Vulture Street,
South Brisbane 4101, Queensland

11 bedrooms
6 bathrooms
7 car spaces
809m² land size
Block of Units

$3,600,000


Property details

Chateau in the center of South Brisbane or Prime Investment Opportunity Awaits

Showcasing to the market an extraordinary investment portfolio, namely, 'San Luca' apartments. Comprising five rental ready apartments with an additional 300sqm of surplus land, this opportunity in the center of South Brisbane presents enormous potential for an investor or astute home-buyer alike. With a North facing aspect and stunning views of the CBD and Brisbane River, this property is a rare find.

Attracting an estimated 11 million visitors annually, South Bank is home to more than 90 cafes, bars and restaurants; world-renowned art galleries and museums; Queensland's Performing Arts Center; numerous five-star hotels, stunning riverside parklands, among various other landmark attractions.

Property details:
- 2 x 2 Bedroom Units
- 2 x 2 Bedroom Units + Multi Purpose Room
- 1 x 3 Bedroom Unit
- A total of 7 secure car bays

When it comes to location, this investment is superbly positioned opposite the Mater Hospital Precinct. With enviable investment location, here you can share in the many rewards of South Brisbane's cultural icons, namely, its celebrated Riverside dining, thriving universities within walking distance, and a world-class transport network all just minutes away from the city.

Follow the gentle turns of the river to find leading art galleries, international boutiques, and natural parklands. Stroll to the Queensland Performing Arts Centre and Gallery of Modern Art, or head to a game or concert at the nearby Gabba stadium. Navigate the river by CityCat and walk or cycle to the CBD. In the heart of the upcoming 2032 Olympics precinct and with the Cross River Rail soon to be complete for convenient travel, this property makes for an appealing long term investment.

Located approximately:
- 125m to Mater Hill Busway Station
- 125m to Maritime Museum Ferry Terminal
- 600m to South Brisbane Train Station
- 1km to CBD

Buyers seeking a prime investment minutes from the Brisbane CBD and guaranteed to achieve growth over the coming years, need look no further.

Contact Luke O'Kelly and Jim Ampelas on 0436 332 483 to secure your inspection or for further information.

Explore the area


School catchments

  • St Joseph's Primary School Primary Prep-6 Catholic 0.36km
  • Somerville House Combined Prep-12 Independent 0.40km
  • St Laurence's College Combined 5-12 Catholic 0.60km
  • East Brisbane State School Primary Prep-6 Government 1.1km
  • Dutton Park State School Primary Prep-6 Government 1.2km

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.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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