14/85 Dornoch Terrace, Highgate Hill QLD 4101

Boutique riverside apartment | long lease to Jan 2027 | city views | amenity-rich complex This property is competitively rare for its combination of a boutique building, river views, and a secure lease through to early 2027 in a blue-chip inner-city pocket. The configuration as a one-bedroom with a study nook and generous balcony positions it well for professional tenants or downsizers who value walkability to the CBD, South Bank, and cultural precincts. For an investor, the existing tenancy at $750 per week provides immediate, predictable income with no vacancy risk, and the building’s pool, sauna, and rooftop terrace add appeal that supports tenant retention and rent growth over time. The primary risk is the long lease term, which limits flexibility for an owner-occupier and ties the buyer to the current rental rate for nearly two years. The low suburb rental yield of 1.1% signals that capital growth, not cash flow, is the main return driver here, and body corporate fees for the shared amenities will eat into net returns. An opportunity exists to review the lease for a rent review clause or negotiate a slightly higher purchase price in exchange for a shorter lease term. This property is best held as a long-term inner-city investment with a focus on capital appreciation rather than immediate yield.