605/222 Margaret Street, Brisbane City QLD 4000

High-floor CBD tower | 2-bed spacious layout | strong rental yield | flood overlay present This unit presents a competitively strong proposition for a CBD investor or professional owner-occupier, defined by its high-floor position in a premier 2017-built tower which commands a scarcity premium. The 63-square-metre floor plan is noted as more spacious than typical two-bedroom offerings in the building, enhancing liveability and rental appeal. Access to extensive building amenities, including a 24-hour concierge and resort-style pool, solidifies its position in the luxury apartment segment. The established $760 per week rental income, aligning with suburb yields of 4.6%, provides immediate cash flow for an investor, while the central location adjacent to Eagle Street Pier and Queen Street Mall permanently underwrites demand from the target demographic of professionals and couples. The primary decision mechanism involves the flood overlay, which imposes a tangible risk to future insurance costs and resale liquidity, requiring specific due diligence. The strata levy of approximately $6,820 per year is a material carrying cost that directly offsets rental income and must be factored into yield calculations. With one comparable unit in the same building estimated at $752,000, the listed price points require negotiation to ensure equity upon purchase. Given the strong growth indicators and rental demand, the unit is best acquired with a long-term hold strategy, where the location and building quality will likely appreciate and consistently attract tenants, justifying the ongoing strata expense.