3/10 Denman Street Alderley QLD 4051

Recently renovated unit | City views | $889k valuation | Strong rental yield This two-bedroom apartment on a 70 square metre lot represents a recently upgraded unit positioned on elevated terrain in Alderley, suited to investors and owner-occupiers seeking inner-Brisbane proximity with manageable body corporate costs. The property underwent recent renovation, featuring new kitchen cabinetry, updated flooring, and refreshed interiors throughout. The north-south orientation delivers dual balconies with rear aspects capturing city skyline views, which is a practical advantage for a unit of this size in the locality. The inclusion of a walk-in wardrobe in the main bedroom and internal laundry within the kitchen reflects thoughtful space planning in a 70 square metre footprint. The electric lockup garage and secure intercom system address practical urban living requirements. From a market standpoint, the property carries valuation estimates ranging from $690,000 to $910,000 across different sources, with one assessment at $889,000. The estimated rental yield sits at approximately $620 per week, positioning this at a gross yield of around 3.4 percent, which aligns with broader Alderley rental dynamics. The last recorded sale occurred in September 2021 at $405,000, suggesting appreciation of roughly 120 percent in four years—a trajectory reflective of Brisbane’s inner-suburb market recovery over this period. Units in this price bracket and configuration typically attract a mix of investor portfolios and downsizers or professionals seeking low-maintenance city-proximate living without larger residential commitments. The bushfire overlay notation on the property register warrants standard review, though this reflects geographic designation rather than immediate risk assessment. Bodies corporate levies are reported as low with on-time payment discounts, which reduces long-term ownership friction. The catchment proximity to Enoggera State School and Everton Park State High School provides incidental appeal for families, while reliable NBN connectivity and 5G coverage reflect current infrastructure adequacy for professional remote work scenarios.