104/15 Aqua Street, Newport QLD 4020

2-bedroom apartment under contract fast | 95% owner-occupied building | flood zone detected | school catchment appeal This unit in a predominantly owner-occupied building offers a rare configuration for the Newport market—two bedrooms with two bathrooms and two car parks, which is competitively scarce. The building’s 95% owner-occupancy signals stable neighbours and limited rental churn, a meaningful advantage for a buyer seeking long-term hold quality. The property suits downsizers or professional couples who value low-maintenance living within the Redcliffe State High School catchment and proximity to the water. Its rapid absorption off-market underscores strong local demand for this floorplan. The flood zone detection is a material risk, likely affecting insurance premiums and future resale pool. This cost must be quantified before proceeding, as it directly impacts holding expense and buyer pool depth. The lack of detailed floor plans or recent rental data limits precise valuation, but the strata size and internal area suggest generous living space for a two-bedroom unit. Opportunity lies in negotiating from the flood risk disclosure and the limited days on market—sellers may accept a conditional offer. Hold this property as a permanent residence or a medium-term hold, not a short-term flip.