2/83 Indooroopilly Road, Taringa QLD 4068

2-bedroom unit in boutique Taringa complex | 2 car spaces rare for 52sqm | Pet-friendly with private courtyard | Flood overlay present — due diligence required This property presents a rare configuration for a two-bedroom unit under $700k in Taringa: two dedicated car spaces within an extra-large tandem garage, combined with a private courtyard and front balcony, all within a boutique five-apartment complex. The 1997 build offers solid construction and low body corporate risk, while polished timber floors and a gas kitchen lift the interior above entry-level stock. The pet-friendly policy broadens the buyer pool significantly, particularly among professionals near the University of Queensland and Brisbane CBD. For a first home buyer or investor seeking inner-west access with genuine parking and outdoor space, this unit holds a competitive edge over newer developments that typically trade parking for density. The flood overlay is the primary risk and must be investigated through council flood mapping and insurance quotes before committing; it may affect lending terms and resale velocity. The 52sqm floor area is compact for two bedrooms, limiting appeal for families or tenants requiring generous living zones. The tandem garage, while generous, requires careful manoeuvring and may not suit larger vehicles. The complex’s small size means limited capital growth compared to larger developments, but lower vacancy risk in a tight rental market. The recommended approach is to purchase as a long-term hold, targeting owner-occupiers or quality tenants, and to use the courtyard and parking as differentiators when marketing the property in future.