16/289 Queen Street, Brisbane City QLD 4000

16/289 Queen Street, Brisbane City | CBD apartment hotel | boutique four-star zoning | young professional demand | walk-to-everything location This property sits inside a functioning apartment hotel in Brisbane’s absolute CBD, which gives it an uncommon dual-use configuration. For a buyer, that means the unit can generate short-stay income when not occupied, a structural advantage over standard residential towers where such use is restricted. The location within walking distance of Edward Street and Queen Street Mall places it directly in the path of the city’s densest employment, retail, and entertainment catchment, which supports both rental demand and capital stability. It best suits an investor seeking a lock-and-leave holding with income flexibility, or a professional wanting a central base with the option to offset holding costs through short-term letting. The primary risk is the strata and management structure tied to a hotel operation, which can impose higher body corporate fees and usage rules that limit owner-occupier flexibility. Buyers should verify the letting arrangement, any mandatory management agreements, and whether the unit sits on a strata or leasehold title. The recent sale at $467,500 sits below the suburb median for one-bedroom units, which may reflect these constraints or a discount for a smaller floorplan. The opportunity lies in acquiring at that entry point into a prime postcode where supply of boutique hotel-zoned apartments is limited. Hold this property for cash flow with short-stay upside, not for rapid capital growth.