87/82 Boundary Street, Brisbane City QLD 4000

Riverfront balcony with Story Bridge views | Recently refreshed interiors | Tightly held complex | Southern aspect with breezes This unit presents a competitively strong position within a desirable, tightly held riverfront complex. The combination of expansive views, recent quality updates, and a functional two-bedroom layout serves an owner-occupier seeking a premium CBD-fringe lifestyle or an investor targeting long-term capital growth in a supply-constrained location. Its vacancy allows immediate settlement, a tactical advantage in this market. Specific risks include the identified flood overlay, which necessitates insurance due diligence and may impact future financeability. The southern aspect, while breezy, trades direct sun for its iconic views. The opportunity lies in acquiring a turnkey property in a complex demonstrating strong tenure, with comparable sales indicating solid historical growth. Proceed with a hold strategy for long-term appreciation, leveraging its rental yield to service debt while the location matures further. Recent sales within the building demonstrate robust demand and price growth for well-configured units. Unit 221’s significant short-term gain is an outlier, but the consistent ~6% annual growth for two-bedroom units over 9-10 year holds confirms the complex’s enduring appeal. This history supports the current asking price and suggests a resilient floor for future value.