4/26 Malcolm Street Hawthorne QLD 4171

Two-bedroom apartment | Recently renovated | North-facing with dual balconies | Strong rental yield potential at $640pw This two-bedroom apartment on a 309-square-metre lot represents the contemporary inner-city downsizer or investor product, positioned within walking distance of Hawthorne’s established café and entertainment precinct. The property was acquired in June 2022 for $538,000 and has undergone comprehensive renovations since, positioning it toward the higher end of its historical valuation range. Current estimates place the property between $830,000 and $920,000 depending on the assessment platform, suggesting meaningful capital growth over the four-year period. The apartment’s north-facing orientation and dual balcony configuration are practical assets for residents prioritising natural light and outdoor entertaining space, while the separate bedroom wing provides functional separation typical of the demographic seeking lifestyle properties rather than compact studios. Located on the first level of a secure boutique building, the property appeals primarily to empty-nesters, young professionals, or investor-backed portfolios attracted to low-maintenance living with proximity to transport, retail, and hospitality offerings. The estimated rental yield of approximately $640 per week indicates competitive market returns for the Brisbane apartment sector, with valuations suggesting the property has tracked favorably against broader market movements. Properties of this configuration in the immediate area tend to appeal to buyers valuing walkability and established amenity over land size, making the 309-square-metre strata allocation less relevant than proximity to Oxford Street Bulimba, local Ferry transport, and the cultural access to Southbank. The property’s holding profile appears sound for investors with medium-term horizons, supported by consistent demand for renovated apartments in transit-adjacent, entertainment-focused precincts. Whether as a lifestyle purchase or investment holding, the combination of recent capital works and stable rental demand provides a reasonable foundation for ongoing performance within this submarkt segment.