308/26 Felix Street, Brisbane City QLD 4000

308/26 Felix Street, Brisbane City QLD 4000
2 bed, 2 bath, 1–2 car | 2004 build in CBD | river-city views likely | flood overlay applies | tight inner-city stock. This unit is positioned within a well-established apartment tower in Brisbane’s central city, a setting that appeals strongly to owner-occupiers seeking convenience and investors targeting consistent rental demand. The configuration of two bedrooms with two bathrooms and up to two car spaces is notably generous for inner-city stock, giving it a competitive edge over tighter one-car offerings. The building’s age from 2004 means it avoids the very small floorplans and lower build quality of some newer towers, while still offering modern amenities like air conditioning, balcony space, and pool access. Upper-floor, river-facing units in this tower appear to command a clear premium, so the specific floor level and aspect of this unit will be central to its relative value. This property serves best a buyer who values central living with strong amenity access and is prepared to pay more for a well-configured apartment rather than a compact entry-level unit. The presence of a flood overlay on the property record is the most material factor to weigh, as it may affect insurance costs and long-term buyer sentiment, though it is common for river-adjacent city stock. The wide price range seen for similar units in this tower—likely driven by differences in floor height, outlook, and parking count—means this unit’s specific level and orientation will significantly influence its market position. A unit with one car space and lower-floor views may sit at the lower end of the band, while a two-car, high-floor, river-facing lot could push toward the top. Buyers should also consider that the building’s age may require attention to common property maintenance and sinking fund health, though no evidence of issues was found. The rental yield potential appears solid given strong asking rents in the area, but final value will hinge on how this unit’s individual features compare to the best-configured lots in the same address.
Detailed Independent Property Report prepared  by PropCred Analyst team for 308/26 Felix Street, Brisbane City QLD 4000
Checks found:
Value Risk 2
Liquidity Risk 2
Planning Risk
Income Risk ! 1
Execution Risk ! 1
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Market Insight

Brisbane City is a high-density urban core where demand is driven by investors, first-home buyers, and interstate migrants, all pivoting to the unit market due to affordability pressures. Recent price performance has been exceptionally strong, with units significantly outperforming, supported by a critically tight rental market and severe supply constraints. Future growth is anchored by major infrastructure like the Cross River Rail, though the market remains sensitive to affordability limits and higher borrowing costs.
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PropCred Estimated Value

Bedrooms

1

Bathroom

1

Parking

-

Land

1596m²

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