304/8 Masters Street, Newstead, Queensland

This purchase represents a self-managed super fund acquisition for Maddy and Zoran — a long-term, set-and-forget investment secured with strict criteria and zero compromise.

When purchasing through an SMSF, the parameters are clear and non-negotiable. The asset must stand on its own merit, comply fully with SMSF lending and acquisition guidelines, and deliver long-term stability rather than short-term upside. This opportunity ticked every box.

Located at 304/8 Masters Street, Newstead, the property sits in one of Brisbane’s most tightly held and consistently high-performing inner-city precincts. The location alone underpins long-term demand — walkability, lifestyle amenity, transport, and proximity to the CBD make this an enduring choice for both tenants and future value.

The apartment itself is highly functional and increasingly rare for the area, offering two bedrooms, 2.5 bathrooms, and an oversized single car space. Already tenanted, it delivers immediate income and eliminates vacancy risk from day one.

The property was secured for $1,110,000, with a weekly rental return of $800, equating to an approximate gross yield of 3.75%. While yield was not the primary driver, the balance of income, quality, and location makes this an ideal long-term hold within a superannuation structure.

This is a disciplined, future-focused acquisition — designed to be held, not traded. A true set-and-forget investment anchored in one of Brisbane’s strongest inner-city locations.

Thank you to:
Selling Agent – Thalia Martin of Keenan & Byrne

Broker – James Kristenson of Fundfin

Solicitors – Jenny Pratt of Map Lawyers