88 Waldheim Street, Annerley QLD 4103

2 bed / 2 bath apartment complex | 80 m² unit footprint | 4,005 m² site | modern finishes with shared amenities | strong rental yield near 4.5% This property sits within a newer apartment complex that offers a noticeably higher amenity level than much of Annerley’s older unit stock. The combination of European appliances, stone benchtops, air conditioning, and undercover parking with a balcony positions it well for professional tenants or downsizers who value convenience over space. The complex’s yoga lawn and BBQ area add lifestyle appeal that is uncommon in this part of the inner south. With proximity to Greenslopes bus interchange, Woolworths, cafes, and multiple hospitals, the location supports strong rental demand from medical professionals and city workers. The recorded sale of a similar unit at $700,000 in April 2025 with a $600 per week rent suggests a gross yield around 4.46%, which is respectable for a modern apartment in this corridor. The 80 m² lot size for the unit itself is modest, meaning value is driven more by the building’s quality and location than land content. The broader 4,005 m² site record indicates a larger complex, so strata fees and body corporate rules may affect holding costs and buyer flexibility. The absence of flood, bushfire, or heritage overlays is a positive, but the lack of confirmed aspect or floor level means view and light quality remain unknown. Prospective buyers should verify the specific unit’s orientation and noise exposure, as these factors may influence both livability and resale appeal. The school catchment for Junction Park State School and Yeronga State High School adds family appeal, though school performance data was not provided.