32/293 North Quay Brisbane City QLD 4000

Small inner-city apartment | Recent sale at $470k | CBD positioning | Pool amenity This one-bedroom apartment positioned on the third floor of a 24-storey complex represents a compact urban residence suited to professionals, investors, and downsizers seeking city living without the commitment of a house. The property occupies 51 square metres within Park Regis, a mixed-use building constructed between 1988 and 1991, placing it within Brisbane’s established apartment stock rather than contemporary new-build supply. Located at North Quay directly adjacent to the Brisbane River, the unit benefits from proximity to transport infrastructure, hospitality venues, and the Southbank cultural precinct. The last recorded transaction in 2023 settled at 470,000, with current market estimates ranging between 430,000 and 490,000, suggesting modest price stability or marginal appreciation over the past two years. As a furnished unit with air conditioning, built-in robing, and dishwasher provision, the property appears configured for either short-term investor returns or immediate occupancy without additional outlays. Inner-city apartment buildings of this vintage typically appeal to investors seeking reliable rental yields from transient professional and tourist markets, though owner-occupiers attracted to low-maintenance city living form a secondary buyer cohort. The building amenities including the outdoor pool, BBQ area, and security features provide differentiation from older walk-up stock, though the unit’s modest floor plate and single-parking allocation reflect the constraints of medium-density city apartments. Properties at this scale and location have demonstrated resilience through market cycles, with the accessibility to employment, entertainment, and public transport offsetting limitations imposed by size. The apartment’s furnished state and turnkey presentation reduce friction for investors managing short-term tenancy models, though the pricing suggests market positioning toward owner-occupiers rather than development or subdivision opportunity.