705/27 Cordelia Street, South Brisbane QLD 4101

2-bed, 2-bath South Brisbane unit | 83m² with open car space | Flood overlay present | High-demand rental catchment near CBD This unit offers a rare combination of generous internal space and a dedicated car space in a sought-after inner-city pocket, positioning it well above typical compact apartments in the area. The configuration suits professional couples or investors targeting tenants who value room to live, not just a crash pad. Its proximity to Brisbane State High School and West End State School adds durable demand from families seeking school access without a house price. The estimated rental yield near $885 per week supports strong cash flow in a tightening rental market. The flood overlay is the primary risk, requiring a qualified inspection to assess floor height relative to historical events and insurance cost implications. This may narrow the buyer pool but also creates negotiating leverage if the building is proven compliant. The property sits on Opticomm fibre, a supporting rather than deciding factor. Hold for rental income or as a city-adjacent base, with capital growth tied to South Brisbane’s ongoing densification and school catchment desirability.