Blue-Chip Landholding with Income and Upside
Positioned in one of Windsor’s most tightly held streets, 26 Thorne Street presents a rare opportunity to secure a substantial inner-city asset offering immediate holding income, flexible zoning and strong long-term capital growth prospects.
Occupying 810m² across two existing lots and benefiting from LMR2 zoning, this north-facing site delivers the fundamentals seasoned investors prioritise: scale, scarcity and strategic positioning within a premium inner-north suburb. Surrounded by established, high-quality residences, the property sits within a blue-chip streetscape where comparable opportunities are seldom offered.
The existing improvements comprise three self-contained two-bedroom apartments, all leased to long-term tenants, providing reliable cash flow while future value-add or redevelopment options are assessed. Constructed in solid post-war brick, the building offers durability and low-maintenance appeal, making it an ideal land-banking or transitional investment.
With multiple potential pathways – including redevelopment into two luxury homes, boutique apartment development (STCA), or retention as a high-performing income asset – this property offers genuine flexibility and multiple exit strategies.
Investment Highlights:
810m² landholding across two titles
LMR2 zoning allowing for redevelopment potential (STCA)
Three tenanted two-bedroom apartments delivering immediate income
North-facing aspect in a premium Windsor streetscape
Solid post-war brick construction
Strong value-add, land-banking or redevelopment appeal
Less than 5km from the Brisbane CBD
The location further underpins long-term performance, with easy access to Windsor State School, St Columba’s Primary, Wilston Village, Windsor train station, bus services and major arterial roads.
Opportunities combining land, income and zoning flexibility in this calibre of inner-north location are increasingly scarce. 26 Thorne Street, Windsor represents a compelling acquisition for investors seeking a high-quality asset with enduring demand, strong fundamentals and future upside.
Lease Details:
Unit 1 – Lease Agreement: 8/9/25 – 7/9/26 – $450pw, Bond: $1800 – Last Rent Increase: 5/4/25
Unit 2 – Lease Agreement: 7/7/25 – 3/4/26 – $470pw, Bond: $1880 – Last Rent Increase: 3/4/25
Unit 3 – Lease Agreement: 23/9/25 – 22/9/26 – $470pw, Bond: $1880 – Last Rent Increase: 26/9/24
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained therein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own inquiries to verify the information contained herein.
Property Features
- Open Parking Spaces: 5
