2/15 Hoogley Street West End QLD 4101

Apartment auction March 2026 | Last sale 1997 at $199.5k | Estimated $1.06m | 160sqm inner-city positioning This two-bedroom apartment occupies a rare inner-city West End location within walking distance to cafes, restaurants, and riverside amenities, positioned to appeal to professionals and downsizers seeking lifestyle convenience over land size. The property’s 29-year holding history since its 1997 purchase at $199.5k suggests the current estimated valuation around $1.06m reflects broader Brisbane apartment market appreciation rather than specific improvements to this unit. The recent sale of an identical apartment in the same building, unit 1/15, for $912,500 in February 2025 provides a comparable benchmark and signals steady demand for this floor plan and location. The apartment’s 160 square metre floor area is generous for an inner-city unit, with the addition of oversized front and rear decks offering entertaining space that extends usable living area—a practical advantage in high-density precincts where outdoor space commands premium value. The body corporate levy of approximately $1,100 per quarter is material to ownership costs and should be weighed against the rental appraisal of $875 to $975 per week, suggesting a gross yield in the 4.5 to 5.2 percent range. The auction marketing approach and firm sale instruction indicate the agent expects competitive interest, likely from investors evaluating the rental yield or owner-occupiers prioritizing walkable suburb proximity over detached housing. West End’s established infrastructure—schools within 1.8 kilometres, no detected flood or bushfire overlays, and 5G coverage—positions the suburb as stable for long-term holding, though capital growth will depend on broader Brisbane market conditions and apartment supply dynamics rather than this specific property’s attributes. The secure double garage is notable for an inner-city apartment, providing security and parking certainty that typically attracts owner-occupiers reluctant to navigate street parking or pay additional parking levies.