3094/3 Parkland Boulevard, Brisbane City QLD 4000

Bushfire and flood overlays detected | Renovated unit within parkland | 93 sqm with separate laundry | Built 2005 in premium precinct The property carries both bushfire and flood risk overlays, which may increase insurance premiums by an estimated $800–$1,200 annually and could affect resale liquidity in tightening climate disclosure markets. However the renovation and rare separate laundry add genuine functional value in a precinct where comparable units often compromise on layout. For a buyer this property suits a hold strategy—live in or rent—rather than a short term flip given the overlay discounting. What makes this unit competitively strong is its position within the Roma Street Parklands itself, offering 40 acres of gardens as a de facto private backyard that few Brisbane City apartments command. The 93 sqm floor area with gas heating, full air conditioning and covered balcony with city views is rare for a two bedroom under $1.2 million in this postcode. It serves best a professional couple or downsizer who values walkability to the CBD, hospital and grammar schools over absolute square metre yield. One recent comparable sale nearby at 3085/3 Parkland Boulevard closed above $1 million in February 2025 for a similar floor plan without the separate laundry—this property’s extra amenity supports its position. To move forward you should request the body corporate minutes for the last two years to verify sinking fund health and any planned levy increases, then commission a flood search report from a licensed hydrologist to quantify actual inundation risk rather than relying on the overlay alone.