2603/70 Mary Street, Brisbane City QLD 4000

East-facing high-floor CBD unit | dual balconies | rare enclosed study | strong rental yields | original condition scope This unit presents a competitively strong proposition within the Mantra on Mary building, primarily due to its superior configuration. The combination of a high floor, east aspect, and a genuine enclosed study is rare for a one-bedroom apartment in the Brisbane CBD, moving it beyond typical investor stock into a hybrid live-work or professional occupant profile. Its larger internal area and dual balconies directly enhance livability and rental appeal, serving an owner-occupier seeking a premium city foothold or an investor targeting quality tenant demand. The decision hinges on pricing against recent building sales. The asking price commands a significant premium over standard one-bedroom sales here, which you pay for the enhanced layout and outlook. The lack of a car space is a persistent value constraint and a specific risk in resale to a narrower buyer pool. The original condition presents a clear, low-cost opportunity to enhance value through cosmetic updates. Given the demonstrated rental demand, this property is best acquired at a sharp yield and held as a long-term income-generating asset, with its value tied to its unique layout rather than general market movement. Recent sales of standard one-bedroom units in this building range from $480,000 to $530,000. Your target unit, with its larger size, study, and high floor, justifies a premium, but the current asking price requires validation against this benchmark. This disparity underscores the need for precise valuation to ensure your offer reflects the tangible value of its superior features.