33002/1 Cordelia Street, South Brisbane QLD 4101

33002/1 Cordelia Street, South Brisbane QLD 4101
Large 3-bed apartment | Dual car spaces | Rooftop amenity | Flood zone noted This is a genuinely large inner-city apartment, offering a floor plan and parking configuration that is uncommon in South Brisbane’s high-rise stock. The 128-square-metre layout with three bedrooms, two bathrooms, and two side-by-side car spaces positions it well above typical apartment offerings, where one car space is standard and floor plans are often more compact. The all-concrete construction and inclusion of rooftop pool and BBQ facilities place it in a higher-quality contemporary tower category, appealing most to owner-occupiers seeking low-maintenance living without sacrificing space or convenience. Downsizers and professionals wanting proximity to the CBD, South Bank, and cultural precincts are the natural buyer groups for this property. The prior sale record of $1,250,000 in 2022 provides a useful reference point, though the current asking level represents a substantial increase that may not yet be tested by comparable sales. The property is noted as being within a flood zone, which is a material consideration for both insurability and long-term value stability in an inner-urban setting. The absence of confirmed floor level, aspect, and exact construction year means the buyer should verify these details directly to assess light, outlook, and building age impacts. Strata fees and sinking fund health are not disclosed in available data, so these should be requested to fully evaluate ongoing holding costs and building management quality.
Detailed Independent Property Report prepared  by PropCred Analyst team for 33002/1 Cordelia Street, South Brisbane QLD 4101
Checks found:
Value Risk
Liquidity Risk
Planning Risk ! 1
Income Risk 2
Execution Risk 2
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Market Insight

South Brisbane is a tightly held inner-city suburb where demand is driven by professionals and investors drawn to its connectivity and urban lifestyle. The market is characterised by strong competition for limited housing stock, with recent price growth reflecting this sustained pressure. Future growth is underpinned by its proximity to major employment hubs and a robust rental market, though affordability constraints and sensitivity to interest rates present ongoing challenges for buyers.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

2736m²

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