21205/39 Cordelia Street, South Brisbane QLD 4101

21205/39 Cordelia Street, South Brisbane QLD 4101
3 bed, 2 car, premium South Brisbane | Atlas Apartments | Brisbane State High catchment | Resort amenities | City-facing outlook This property sits in a genuinely uncommon configuration for South Brisbane—three bedrooms with two car parks in a building that offers resort-grade amenities, which places it well above the typical investor stock that dominates this suburb. The zoning for Brisbane State High is a material demand driver, particularly for families and downsizers who want inner-city convenience without sacrificing access to a high-performing state school. The unit is best suited to owner-occupiers who value walkability to the CBD, Southbank, and cultural precincts, or to investors targeting the premium end of the rental market where larger apartments command stronger yields and lower vacancy risk. The outlook and floor level may materially affect value, as units with unobstructed city or Southbank views in this building have been marketed at a significant premium over lower or internally facing configurations. The building’s age is not confirmed from available data, which means a buyer should verify construction date and any upcoming special levies or maintenance schedules. The 127 square metre floorplan in comparable units suggests generous internal space, but the exact size of this unit should be confirmed against the title to avoid paying a premium for assumed square meterage that may not be delivered.
Detailed Independent Property Report prepared  by PropCred Analyst team for 21205/39 Cordelia Street, South Brisbane QLD 4101
Checks found:
Value Risk ! 1
Liquidity Risk ! 1
Planning Risk 2
Income Risk ! 1
Execution Risk
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Market Insight

South Brisbane is a tightly held inner-city suburb where demand is driven by professionals and investors drawn to its connectivity and urban lifestyle. The market is characterised by strong competition for limited housing stock, with recent price growth reflecting this sustained pressure. Future growth is underpinned by its proximity to major employment hubs and a robust rental market, though affordability constraints and sensitivity to interest rates present ongoing challenges for buyers.
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PropCred Estimated Value

Bedrooms

1

Bathroom

1

Parking

1

Land

3207m²

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