805/132 Alice Street, Brisbane City QLD 4000
805/132 Alice Street, Brisbane City QLD 4000
94m² one-bedder | Botanic Gardens edge | older premium build | flood overlay present
This is an unusually generous one-bedroom apartment in a well-regarded 1995 building, positioned right on the edge of the City Botanic Gardens. The 94 square metre floorplan is rare for a one-bedroom in Brisbane City, where newer stock tends toward much smaller layouts. The building’s resort-style amenity and the never-to-be-built-out outlook give this unit a genuine owner-occupier feel, appealing most to downsizers, professionals, or lifestyle buyers who value space, light, and immediate park access over a brand-new tower. The combination of a larger floorplate, secure parking, and a balcony with outdoor entertaining area places it in a stronger position than most one-bedroom apartments in the precinct.
The flood overlay is the most material factor to weigh here, as it can affect insurance costs and buyer perception, though the building’s elevated position and 1995 construction suggest it was designed with that context in mind. The 1995 build age means common areas and building systems may require closer scrutiny compared to newer towers, and the one-bedroom configuration may narrow the resale pool slightly versus two-bedroom apartments in the same building. The rental estimate of $940 per week should be tested against actual leasing evidence, as that figure may reflect the premium location more than the unit’s specific condition.
Detailed Independent Property Report prepared by PropCred Analyst team for 805/132 Alice Street, Brisbane City QLD 4000
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
2
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Market Insight
Brisbane City is a high-density urban core where demand is driven by investors, first-home buyers, and interstate migrants, all pivoting to the unit market due to affordability pressures. Recent price performance has been exceptionally strong, with units significantly outperforming, supported by a critically tight rental market and severe supply constraints. Future growth is anchored by major infrastructure like the Cross River Rail, though the market remains sensitive to affordability limits and higher borrowing costs.
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PropCred Estimated Value
Bedrooms
1
Bathroom
1
Parking
1
Land
964m²
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