20803/23 Bouquet Street South Brisbane QLD 4101

High-floor city views | Exclusive Southbank precinct | Flood overlay present | Strong rental yield potential This unit’s primary risk is its flood overlay, which may increase insurance premiums and complicate future financing. Its high-floor position and premium finishes command a rental premium, supporting a gross yield around 4.4%. This property is best held as a long-term investment, leveraging its location for consistent tenant demand and capital growth tied to the tightly held Southbank precinct. Competitively, the combination of a 67m² internal area, world-class amenities, and direct views is rare for a one-bedroom offering. It serves a premium market of professionals and students, where the built-in scarcity of high-floor units with such aspects ensures sustained desirability. The fitout and appliances justify a quality premium over standard stock. Your next step is to commission a strata report to validate building financials and a qualified flood impact assessment, after which this unit presents a defined opportunity in a high-demand corridor. Recent comparable sales data is limited, but an estimated sale in the same building provides a benchmark. 803/23 Bouquet Street (lower floor): Estimated $700k. This suggests a material value premium for higher-floor units with superior views, supporting the price positioning for this level 20+ apartment.