1601/70 Mary Street, Brisbane City QLD 4000

1601/70 Mary Street, Brisbane City QLD 4000
1601/70 Mary Street appears to be a 1-bedroom, 1-bathroom apartment with 1 car space in a 2007-built building, and the broader address sits on a 75 m² lot with a detected flood overlay and no bushfire or heritage overlays in the available data. The property was listed for sale on 18 June 2026 as an apartment in Brisbane City. 1 bed | 1 bath | 1 car | 2007 build | flood overlay | high-floor numbering | CBD tower | rental demand strong This apartment sits within a 2007-built high-rise in Brisbane’s core, a configuration that is competitively strong for its era. The inclusion of one car space is notable in a central location where parking is often scarce, and the high-floor numbering suggests elevated living with city views, though aspect is unconfirmed. The building’s 5-star resort amenities—gym, pool, sauna, BBQ terrace—elevate its appeal beyond basic investor stock. This property best serves a buyer seeking a low-maintenance, walkable CBD base: a professional, downsizer, or investor targeting strong rental demand from singles and couples, as the area’s demographic profile is heavily single-person. The detected flood overlay may affect insurance costs and buyer perception, though its material impact on value depends on the floor level and building flood-mitigation measures. The apartment’s exact internal area, balcony size, and finish quality are not confirmed, so a buyer should verify these against comparable units in the same building. The 2007 build year means systems like lifts and common areas may require future capital contributions, and strata fees should be reviewed. The lack of bushfire or heritage overlays removes two common constraints, but the non-residential land use classification is typical for a strata tower and does not affect residential use. Price formation should be grounded in recent sales of similar units within the same complex, not broader suburb medians.
Detailed Independent Property Report prepared  by PropCred Analyst team for 1601/70 Mary Street, Brisbane City QLD 4000
Checks found:
Value Risk
Liquidity Risk
Planning Risk 2
Income Risk ! 1
Execution Risk ! 1
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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

1

Bathroom

1

Parking

-

Land

514m²

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