1309/108 Margaret Street, Brisbane City QLD 4000

13th-floor studio | Uni Lodge building | student/investor corridor | sub-$300k entry point This unit sits in a purpose-built student tower with a rare combination of low entry price and full building amenities,gym, pool, sauna,that most sub-$300k properties in Brisbane cannot offer. The recent comparable sale at $282,000 inside the same building confirms pricing discipline; the asking range is not aspirational but market-aligned. For an investor seeking a cash-flow-positive CBD studio within walking distance of QUT, this is a configuration that pencils out at a 5.3–5.6% gross yield without relying on capital growth assumptions. The buyer who secures this near the $279,000 mark gains a position in a high-demand rental corridor where vacancy is structurally low. The flood and heritage overlays are real but manageable,they primarily affect insurance premiums and long-term redevelopment potential, not day-to-day occupancy or rental demand. The body corporate fees at roughly $800 per quarter are not trivial for a unit of this size, and the 18m² internal area limits appeal to owner-occupiers seeking space. That said, the opportunity lies in the spread between the Domain valuation of $540,000 and the actual trading range of $280,000–$285,000; this gap reflects the market correctly pricing micro-apartments, not a mispricing to exploit. Hold this as a long-term rental, refinance after three years of proven income, and treat any capital gain as a bonus rather than the thesis.