Lady Lamington, 86 Bramston Terrace, Herston, QLD, 4006

Knight Frank is pleased to present for sale Lady Lamington - 86 Bramston Terrace, Herston, an income-producing purpose-built student accommodation (PBSA) asset offering institutional scale within one of Brisbane’s most strategically significant education and health precincts.

This investment opportunity comprises a 695-bed PBSA scheme delivering immediate scale across 472 apartments, positioned within the Herston Health Precinct, one of Australia’s leading health, research, and education hubs. The property is directly adjacent to the University of Queensland’s Herston campus and within walking distance of QUT Kelvin Grove, providing direct exposure to a deep and growing student catchment.

The asset benefits from strong operational fundamentals underpinned by Brisbane’s structurally undersupplied student accommodation market and sustained international student demand growth. The diversified room mix, affordable price point and proximity to major universities position the asset to capture continued rental growth and high occupancy levels.

Key Investment Highlights:

- Institutionally scaled PBSA asset with 695 beds across 472 apartments

- Positioned within the Herston Health Precinct, adjacent to UQ and within walking distance to QUT

- Exposure to a structurally undersupplied student accommodation market

- Diverse and affordable room mix, supporting broad tenant appeal and strong occupancy

- Significant rental growth potential driven by supply constraints and rising demand

- Benefiting from major infrastructure investment centred around the Brisbane Olympic Games including Cross River Rail and Brisbane Metro

Lady Lamington is being offered For Sale via Expressions of Interest (EOI), closing Wednesday, 1 July 2026 at 3:00pm (AEST).

For more information or to arrange an inspection, please contact the exclusive selling agents.

Remember to mention you found this property on CommercialReady