6/76 Sackville Street, Greenslopes QLD 4120

Underpriced risk in strata age | 107m² on 1041m² lot is rare | Yield below median at 3.5% net | Owner-occupied enclave limits liquidity The effective building age from 1978 introduces capital expenditure risk from future special levies, which could cost a buyer $15,000–$25,000 over five years for common area upgrades—this is not reflected in the list price gap between the two estimates. The 1041m² lot with only seven units gives unusual land-to-building ratio upside for Greenslopes, but only if the structural and compliance condition holds; a building and pest inspection is not optional here. For a buyer seeking principal use with patient hold, this property justifies a conditional offer with a 14-day due diligence clause. The 107m² internal size is competitively strong for a two-bedroom unit in this market, exceeding the typical 80–90m² floorplate and compressing effectively against townhouse alternatives nearby. Being 85% owner-occupied signals disciplined body corporate management, which supports value stability. This property suits an owner-occupier who values space and low site density over walkability to cafes, or a long-hold investor who will not rely on short-term capital growth from flipping. The next step is to request the strata roll and last two years of meeting minutes before the 26 April inspection.