2601/140 Alice Street, Brisbane City QLD 4000

2601/140 Alice Street, Brisbane City QLD 4000
Premium high-floor river apartment | 97sqm genuine internal space | strong owner-occupier building | flood overlay present | high body corporate This property occupies a competitive position in Brisbane City’s apartment market. The 97sqm floorplate is genuinely spacious for a two-bedroom apartment, and the 2017 build date means modern construction standards and lower maintenance expectations. The high owner-occupier ratio of 65% signals a well-managed building with stable residents, which supports both lifestyle appeal and capital resilience. The property suits a professional couple or downsizer seeking a central, low-maintenance home with strong rental potential should circumstances change. The flood overlay is the primary risk factor and requires careful due diligence on insurance premiums, lender appetite, and any building history of water impact. The body corporate fee of nearly $4,000 per quarter is a material ongoing cost that must be factored into holding budgets and compared against comparable buildings. The rental yield of approximately 3.98% is acceptable for a premium city apartment but not exceptional. The opportunity lies in the property’s size and position above the suburb median, which may attract a buyer willing to pay a premium for space and quality in a tightly held building.
Detailed Independent Property Report prepared  by PropCred Analyst team for 2601/140 Alice Street, Brisbane City QLD 4000
Checks found:
Value Risk 2
Liquidity Risk ! 1
Planning Risk
Income Risk ! 1
Execution Risk 2
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Market Insight

Brisbane City is a high-density urban core where demand is driven by investors, first-home buyers, and interstate migrants, all pivoting to the unit market due to affordability pressures. Recent price performance has been exceptionally strong, with units significantly outperforming, supported by a critically tight rental market and severe supply constraints. Future growth is anchored by major infrastructure like the Cross River Rail, though the market remains sensitive to affordability limits and higher borrowing costs.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

97m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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