3314/222 Margaret Street Brisbane City QLD 4000

Level 33 apartment in Uptown tower|59sqm footprint|Listed $750k|$740pw rent potential |Flood overlay noted. This one-bedroom apartment on a 59sqm lot in a 90-level Brisbane Skytower suits urban professionals or investors seeking high-floor city living with secure parking. Positioned on level 33 within the Uptown tier, it delivers practical space through a full kitchen, gas cooktop, and internal laundry, ideal for low-maintenance daily use amid downtown energy. Its elevated spot in the tower offers unobstructed views and quick lift access to shared amenities like the indoor sky pool and gym, setting it apart from lower-level units in the same complex. Buyers drawn to such properties are typically young professionals or downsizers valuing walkable CBD proximity over expansive grounds. Comparable one-bedroom sales in the building, like a decade-old unit at $655k, show steady but modest growth around 2-3% annually, while newer two-beds have pushed higher returns. This unit’s 2023 sale history and current $750k ask align with estimated values near $716k, reflecting resilient demand despite a flood overlay that may temper some buyer interest. Rental yields here hover at 5-6% based on similar apartments fetching $740-820 weekly, supporting its investor appeal in a tenant-heavy demographic of 20-39 year olds. Long-term, the 2019 build quality and pet-friendly strata enhance holding value as Brisbane’s core consolidates. Market positioning remains solid for quick turnover given the tower’s 38% short-term ownership turnover.