202 Kingsford Smith Drive, Hamilton QLD 4007

Perched high on Hamilton Hill, Braeside is a rare, investor-grade holding: eight apartments on a single freehold title with no Body Corporate, elevated over a 1,275 m² parcel with dual access via Hillside Crescent. Built circa 1885 with no heritage overlay, the property commands uninterrupted river and city views that won't be built out and sits among multi-million-dollar homes in one of Brisbane's most prestigious pockets.

Across the building you'll find strong bones, immediate character appeal and clear pathways to rental uplift, think sensitive refurbishments to kitchens, bathrooms and common areas to sharpen yield, or a broader repositioning for executive leasing (subject to regulations). Longer-term, the site's scale, access and outlook create compelling options to convert into a landmark private residence or pursue a new luxury build (STCA). The absence of Body Corporate simplifies decision-making, reduces overheads and keeps timing in your control.

At a glance
• Building area: approx. 823 m²
• Configuration: 8 apartments - 4ÃÆ'Æ'Ãâ€'-1-bed | 3ÃÆ'Æ'Ãâ€'-2-bed | 1ÃÆ'Æ'Ãâ€'-4-bed
• Totals: 14 bedrooms • 9 bathrooms • 4 car spaces
• Character features: pressed-metal ceilings, bay windows, polished timber floors, fireplaces (select apartments)

The location does the heavy lifting. You're minutes to Racecourse Road, Portside Wharf, Eat Street, James Street and the Northshore precincts, with CityCat and bus links nearby and fast arterial access to the CBD and Brisbane Airport. Schooling is first-class with Ascot State School and Fortitude Valley SSC catchments, and proximity to St Margaret's, St Rita's and other elite colleges. Approximate distances: 1.0 km to Newstead Park, 1.2 km to the CityCat terminal, 1.7 km to Portside, 4.8 km to the CBD and 9.9 km to the Airport.

If you're seeking income today with multiple exit options tomorrow, on Brisbane's premier River Hill - Braeside is the play.