201/435 Coronation Drive, Auchenflower, QLD 4066

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For sale

For Sale

Prime location, only 3km to the City!

This ‘Chasely Apartments’ property has treated the current owners extremely well, housing their daughter while she studied nearby and more recently it has been home to staff working out of the Wesley Hospital but it’s now time to sell!

Being in a location like this means very little vacancy and excellent returns. Even at $400/week currently, that is the lowest weekly rent the owners have had during their ownership with the peak at $500/week. It’s an ideal complex for those wanting a property in a secure, easy to manage, convenient location, or investors looking for good returns and different letting options as you can also put the property in the rental pool.

The Chasely Apartments are situated just minutes from Brisbane’s CBD, Toowong’s shopping and entertainment precincts and The Wesley Hospital. UQ & QUT students, hospital personnel, buyers looking for a Brisbane bolthole, busy professionals, corporations, FIFO workers, as well as investors will find plenty to like here.

The property is being offered for sale either fully furnished or unfurnished. Investment opportunities are flexible, owners can capitalise on the short term rental market (when not in residence) or opt for longer leases to secure, regular, guaranteed income.

NB: The photos are from the previous sale of the apartment and the furniture has been modernised.


  • High yield investment

  • Ducted air conditioning

  • Double glazed windows

  • River views

  • External colour-scheme change underway

  • Newly renovated bathrooms

  • Close to transport

  • Secure entrance

  • Across the road from the Bicentennial Bikeway

  • On-site management

  • Secure car space

  • An option to have the apartment left furnished

  • A short walk to the Wesley Hospital, CityCat terminal, Regatta Hotel or Toowong Village

    Brisbane City Council rates: $393.97 per quarter

    Current rent: $400/week

    Year built: Late 1960s

    Number of lots in the complex: 36

Jade kingi   copy.profile
Sales Manager and Consultant

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Property Info:
  • Property ID: L602095
  • Property Type: Apartment
  • Garages: 1
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R&H Suburb Profile: Auchenflower

R&H Suburb Summary Houses
Number of sales 60
Average Price $1,307,240
Median Price $1,100,000
Median Rental Price $580 p.w.
Change in Rental Rate (5yr) 0 %
R&H Suburb Summary Units
Number of sales 59
Average Price $524,226
Median Price $435,000
Median Rental Price $375 p.w.
Change in Rental Rate (5yr) -4 %
Auchenflower, QLD - Median Trend