20/38 Jephson St, Toowong, is listed at $180,000-plus. One of the cheapest apartments currently for sale is minutes from the CBD with guaranteed maintenance and rental income, but there's a catch. Located just nine minutes drive from Brisbane CBD, the fully self-contained studio apartment was listed at offers over $180,000 by Andi Kovalcek and Charlotte Tosh of Harcourts Connections. Ms Tosh said it was purely an investment opportunity with long term owner occupation not currently offered – with lease arrangements in place until June 2026, and two further five year renewal options.

https://www.realcommercial.com.au/news/set-and-forget-cheap-apartment-you-cant-live-in

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