10708/1 Cordelia Street, South Brisbane QLD 4101

2 bed, 2 bath, 1 car | Level 7, Tower 1, Brisbane One | Brisbane State High catchment | Off-market, low stock | Heated lap pool, gym, residents lounge The property sits within the Brisbane State High School catchment, a rare and enduring demand driver that compresses vacancy risk and supports capital growth independent of broader market cycles. Its position on level 7 in Tower 1 of Brisbane One offers a balance of height and accessibility, with floor-to-ceiling glass capturing light and views in a building that remains the precinct’s tallest residential tower. The two-bedroom, two-bathroom configuration with one car space is the most liquid floorplan in this market, and the off-market status suggests a motivated vendor who may accept a discount to a pre-emptive offer. This unit best suits a family seeking school access or an investor prioritising low holding costs and consistent tenant demand. The primary risk is the flood overlay detected on the lot, which may increase insurance premiums and narrow the buyer pool at resale, though the building’s elevated position and modern construction mitigate physical exposure. The internal floor area is not confirmed, and comparable units range from 65 to 107 square metres, so a physical inspection is essential to verify liveability and compare against the $1.05 million-plus asking range for similar units. The building’s dense urban setting means street noise and traffic are constant, and the commercial-style glass facade, while striking, may reduce energy efficiency. The opportunity lies in negotiating a price below the $1.08–1.10 million estimate, using the flood overlay and lack of recent sales data as leverage. Hold this property for school catchment appreciation and stable rental yield, or occupy to capture lifestyle amenity and capital gains over a five-to-ten-year horizon.