1405/146 Sooning Street, Nelly Bay QLD 4819

Beachfront strata | Heritage overlay unactive | Resort-lifestyle market narrow | Sale condition unknown. The property carries two structural risks: a passive heritage overlay that seldom binds but may delay future renovations, and a strata title lock to the Mercure resort complex which can restrict short-term letting. The opportunity is a top-floor unit with ocean views and full resort amenities — rare in Nelly Bay. This unit is best held as a lock-and-leave holiday retreat or a premium rental; as a primary residence, the resort premium may not recoup on resale. Competitive strength lies in the 133m² floor plan — generous by island standards — and the 4th-floor position that secures unobstructed ocean and mountain views. For a buyer seeking a turnkey coastal retreat with income yield potential, this unit outperforms most lower-floor comparables on view and privacy. Your next step is to verify the strata by-laws regarding holiday letting and obtain the last 12 months of outgoings and rental returns from the body corporate.