31606/24 Stratton Street, Newstead QLD 4006

Level 16 St Tropez | 3-bedroom corner apartment | Newstead lifestyle precinct | resort pool building | low body corporate fees This apartment occupies a strong position in a well-regarded building, offering a rare three-bedroom floorplan in a precinct dominated by two-bedroom stock. The corner layout on level 16 provides natural light and privacy, while the 100sqm internal area is generous for apartment living. The combination of ducted air conditioning, Miele appliances, and floor-to-ceiling glazing lifts the property above entry-level stock, making it suitable for an owner-occupier seeking low-maintenance urban living or an investor targeting the professional tenant market. The building’s resort amenities and proximity to James Street and Gasworks reinforce its appeal to the inner-city demographic. The flood overlay is a material risk that will narrow the buyer pool and may affect insurance premiums, though the elevated position on level 16 mitigates physical exposure. The absence of recent sales data for this unit creates pricing uncertainty, requiring careful comparison against the two-bedroom sales in the building. The buyer should verify body corporate financials and any upcoming special levies. This property works best as a long-term hold in a tightening inner-ring market, with the three-bedroom configuration providing a rental premium over smaller units.