804/45 Wellington Road, East Brisbane QLD 4169
804/45 Wellington Road, East Brisbane QLD 4169
Level 8 corner apartment with Gabba views | Two bed two bath plus parking in a larger complex | Above-median positioning in East Brisbane’s apartment market | Strong rental signals from similar units in the building
This apartment occupies a competitive position within East Brisbane’s apartment stock, sitting on a higher floor with a corner aspect and direct Gabba views — attributes that are not common in the suburb’s older low-rise product. The two-bedroom two-bathroom configuration with one car space is the format most sought by professional couples and downsizers who want inner-city proximity without the compromises of a smaller or lower-quality unit. The building itself is a substantial multi-apartment development on a 3,346 m² site, which typically supports better amenity and stronger rental depth than smaller boutique blocks. The property is best suited to an owner-occupier who values outlook and presentation over yard space, or an investor targeting consistent demand from inner-city workers and lifestyle tenants.
The exact construction year has not been confirmed, which may matter for depreciation schedules and body corporate age-related levies. The finishes are described as beautifully presented in marketing copy, but no verified specification for kitchen or bathroom materials, flooring, or appliances is available — a buyer should inspect to confirm whether the presentation is cosmetic or structural. Parking allocations vary within the building, with some units having two spaces, so the single car space in this lot may be a constraint for households with multiple vehicles. The property sits above the typical entry-level unit in the suburb, which means its price point will be tested against newer or more amenity-rich alternatives nearby — a buyer should weigh the view and floor position against what else is available at a similar level.
Detailed Independent Property Report prepared by PropCred Analyst team for 804/45 Wellington Road, East Brisbane QLD 4169
Checks found:
Value Risk
Liquidity Risk
Planning Risk
Income Risk
1
Execution Risk
2
URL has been copied successfully!
Market Insight
East Brisbane presents a premium, high-growth residential market, with its detached housing segment demonstrating exceptional capital appreciation, significantly outpacing the unit market. This robust demand, reflected in swift sales, is anchored in the suburb’s established character and proximity to the city. While houses offer strong growth, units provide comparatively higher rental yields, indicating a diverse investment profile. Future performance will hinge on broader economic conditions and the sustained appeal of its prime location, though limited sales volume suggests a tightly held market that can amplify price movements.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
3346m²
URL has been copied successfully!