501/160 Roma Street, Brisbane City QLD 4000

Renovated one-bedder in prime city pocket | 51sqm with balcony | 85% owner-occupied building | Auction 21 May 2026 This apartment’s competitive edge is its full renovation in a building where most units are owner-occupied, which typically means better common area upkeep and fewer rental management issues. The 51sqm floorplan with a private balcony and double-glazed windows offers practical city living without feeling cramped. For a first-home buyer or investor seeking a low-maintenance inner-city foothold, the combination of modern finishes, air-conditioning, and secure parking in a 85% owner-occupied block positions this unit well against older stock in the area. The rental yield estimate of $635/week against the valuation range suggests a gross return near 6.7%, which is respectable for Brisbane City. The main risk is the 1991 build age,strata levies may rise as the building ages, and the shared 366sqm land parcel limits capital growth compared to newer developments. The auction format on 21 May creates time pressure; buyers should secure a strata report before bidding to check for any upcoming special levies. The lack of flood or bushfire overlays is a positive. For an investor, the strong rental demand and 76% auction clearance rate in the suburb support a hold strategy. For an owner-occupier, this unit works as a convenient city base but will not deliver the same appreciation as a house in a growth corridor.