28/12 Bellevue Parade, Taringa QLD 4068

Well-located four-bedroom unit in gated complex | strong school catchment | flood overlay requires due diligence | suited to families or investors seeking space near city. This unit presents a rare configuration in the inner-Brisbane apartment market, where four-bedroom floorplans are scarce. The gated complex, private balconies, and secure two-car parking give it a house-like feel within a strata setting, which strengthens its appeal to families seeking Ironside State School catchment without a full house commitment. For investors, the rental income estimate sits near $985 per week, supported by strong demand from professionals and families in Taringa. The 219m² lot size is generous for a unit, and the home office adds flexibility for buyers who need dedicated work space. The property sits within a well-maintained complex, which reduces the risk of surprise special levies. The primary risk is the detected flood overlay, which must be investigated through a professional inspection and council flood mapping before proceeding. This overlay may affect insurance costs and future resale appeal, though the property is 1.19km from the nearest watercourse. The sales history shows no recent transactions, so comparable evidence relies on nearby four-bedroom unit sales, which range from $695,000 to $9.3 million with a median of $1.68 million. The buyer’s position is strengthened by the current active listing status, as a seven-day market window suggests the seller may be motivated. Verifying flood risk and obtaining a building and pest inspection are the critical next steps before any offer.