1002/12 Cunningham Street, Newstead QLD 4006

2/2/1 in 2017 tower | Gasworks precinct living | strong rental demand | flood overlay to check This unit offers a competitive combination of modern build quality and inner-city convenience. Being part of a 2017 complex in the Gasworks precinct places it within a well-regarded lifestyle corridor, with retail, dining and riverfront parkland within a short walk. The layout is well suited to professionals, downsizers and investors looking for low-maintenance apartment living. The building’s common features, such as stone benchtops, ducted air-conditioning and secure parking, are expected given the age and position. Rental demand for this configuration is consistently solid, with two-bedroom units in the tower leasing above simpler layouts. It is best positioned for a buyer who values a turnkey apartment in a liveable, walkable suburb. The property’s value may be influenced by its exact floor level and aspect, which remain unconfirmed for this specific unit. The flood overlay is a genuine consideration, as the building is within multiple Brisbane River planning areas, and this may affect insurance and buyer perception. Internal comparable sales show wide price dispersion across level and outlook, so the same floor plan can trade at notably different points. Buyers might weigh how much the lower-mid floor position offsets the convenience and build quality, especially when comparing with higher-level units in the same tower. These factors are worth investigating before forming a firm price view. >> Comparable Sales: 102/12 Cunningham St sold $1.18M, 1609/12 Cunningham St sold $1.268M | Property Price Band: $1.0M–$1.1M | Value Drivers: floor level, outlook, flood overlay