48/26 Lower River Terrace, South Brisbane QLD 4101

Flood zone | Tightly held building | 1985 build | Auction risk The property sits in a known flood zone, which introduces a measurable cost in both insurance premiums and resale pool narrowing over time. The 1985 construction date, even with a high-renovation finish, means structural systems and common property liabilities may surface sooner than a newer build. On the opportunity side the uninterrupted river and city views on level six in a tightly held complex create a scarcity that few South Brisbane apartments offer. This is a hold-and-enjoy play for a buyer who values location and view over short-term capital growth or low risk. What gives this unit a competitive edge is the combination of square footage—145 to 164 square metres—with secure dual-access parking in a resort-style complex that includes a tennis court and pool, features rarely paired in this precinct. The floor-to-ceiling glass and recent renovation remove the need for immediate capital outlay. This property suits a professional couple or downsizer who priorities space and amenity over land content and is prepared to accept flood overlay for a premier riverside position. The next step is to commission a flood depth report and building inspection before auction day to quantify any premium adjustment needed in your bidding limit.