Positioned in a high-demand inner-city pocket of South Brisbane, 33 Stephens Road presents a rare and versatile opportunity to secure a fully renovated, high-yield asset in one of Brisbane’s most tightly held locations. Designed with rooming accommodation in mind, this substantial residence has undergone extensive upgrades, offering lucrative income potential alongside long-term growth prospects in a blue-chip urban setting.

Set just 3.8km from the Brisbane CBD, the property benefits from strong and consistent rental demand driven by nearby universities, hospitals, and lifestyle precincts. The home has been thoughtfully modernised to balance durability with contemporary comfort, ensuring it appeals to both tenants and investors seeking a low-maintenance, income-producing asset, or with potential to be converted into a large family home.

Internally, the residence offers a functional and well-considered layout, with potential for up to ten private rooms supported by five luxuriously appointed bathrooms and oversized kitchen. Unrivalled renovations have enhanced both the aesthetic and operational efficiency of the home, allowing for streamlined management while maintaining a high standard of living for occupants. The scale of the property, combined with its strategic location, positions it as a compelling addition to any portfolio.

Outdoors, the property continues to deliver with practical spaces designed for ease of upkeep, while still offering potential to further enhance or adapt over time. Surrounded by ongoing development and infrastructure investment, this asset is firmly placed within a premium growth corridor underpinned by sustained demand.

Key Features:
• Purpose-configured 10-bedroom layout optimised for rooming accommodation or short term rental

• Comprehensive internal and external renovations completed, reducing near-term capital expenditure and ongoing maintenance requirements

* Off-form concrete construction with double glazing, fireproofing, soundproofing and comprehensive security

• Diversified income stream across multiple tenancies, mitigating vacancy risk compared to single-lease assets

• Efficient floorplan with clearly defined private and shared zones, supporting tenant retention and streamlined property management

• Located approximately 3.8km* from the Brisbane CBD, ensuring strong and consistent tenant demand

• Positioned within walking distance (approx. 200m–800m* ) to major employment and education hubs including hospitals, universities, and key public transport corridors

• Proven high-demand rental catchment driven by proximity to health, education, and hospitality sectors

• Scope to further increase rental yield through rental optimisation, service inclusions, or configuration refinement (STCA)

• Situated within a tightly held inner-city growth corridor experiencing ongoing infrastructure investment and population density uplift

• Approved for subdivision with dual occupancy DA in place, for an additional three-storey architectural residence

Opportunities of this calibre within South Brisbane are rarely presented. Whether you’re seeking a high-performing asset for strong cash flow or a strategically positioned investment with long-term upside, 33 Stephens Road delivers a compelling mix of the best of both worlds.