28/4 Wandoo Street, Fortitude Valley QLD 4006

Top-floor split-level | 156m² with dual parking | Rare low-density complex | James Street walkability This property offers a configuration that is genuinely uncommon in Fortitude Valley: a top-floor, split-level apartment with separate living and sleeping zones, three bedrooms, two secure car spaces, and 156 square metres of internal area. For a buyer seeking a home-like footprint within a boutique complex, this floorplan competes directly with townhouses and smaller houses in nearby suburbs. The dual-level layout, city views, and separation of the family room from main living give it an edge for owner-occupiers who need space for work, media, or guests. It serves best as a long-term residence for professionals or downsizers who prioritise low-density living, walkability to James Street, and secure parking. The primary risk is the flood overlay detected by Brisbane City Council, which may affect insurance premiums and future resale confidence, though the top-floor position mitigates direct water damage. The 2014 purchase price of $689,000 and current valuation range of $1.34 to $1.5 million suggest strong capital growth, but buyers should verify recent comparable sales to confirm the upper end of that range. The rental yield at $825 to $995 per week is moderate for the price point, making this property better suited for owner-occupation than pure investment. Hold as a primary residence and benefit from the low-density complex, secure parking, and proximity to amenity; if renting, target tenants who value space and parking over yield.