905/550 Queen Street Brisbane City QLD 4000

CBD high-rise unit | Investor-oriented layout | Strong rental yield signals | Subject to flood & heritage overlays This unit presents a compact, income-focused proposition within a well-located CBD tower, suitable for a specific buyer profile. The primary risk mechanism is exposure to council overlays for flood and heritage, which may impact insurance costs and future renovation potential. The opportunity lies in securing a high-floor position with an implied strong gross rental yield, suggesting a cash-flow positive outcome for an investor. Given its size and configuration, this property is best held as a long-term rental, not for owner-occupiers seeking space or lifestyle amenities. Its competitive strength is its alignment with proven inner-city rental demand, evidenced by the nearby comparable listing. The 56sqm internal area is standard for this asset class, ensuring consistent tenant appeal. This unit serves the passive investor seeking entry into the Brisbane CBD market with minimal maintenance, not the buyer looking for capital growth from land content or suburban living. Recent sales context informs its value trajectory. The subject unit last sold for $357,500 in May 2023. A nearby, highly similar unit in the same building complex is currently estimated at $445,000, indicating a positive value movement that supports the investment thesis for this location and product type. To validate this position and navigate the overlay complexities, you require a tailored due diligence strategy.