14/221-227 Gympie Terrace, Noosaville QLD 4566

Riverside flat | north-facing uninterrupted views | short-stay approved | 95% owner-occupied complex This unit occupies a rare configuration: a single-level, north-facing apartment high above Gympie Terrace with direct, unobstructed river views that cannot be built out. The combination of short-stay approval, resort pool access, and secure parking makes it a dual-purpose holding , equally viable as a holiday let with strong rental return or as a permanent residence in a predominantly owner-occupied complex, which supports capital stability. It best serves a buyer seeking a lock-and-leave riverfront position with income flexibility, where the view and orientation are the primary competitive edges over newer but less well-positioned stock. The flood overlay is the principal risk, and it will affect insurance costs and may narrow the buyer pool on resale. This is partially offset by the complex’s elevated siting and the fact that 95% of owners remain long-term, suggesting flood events have not driven turnover. The strata allocation of 1026m² is misleading and should not be interpreted as private land. For a buyer, the opportunity lies in using the short-stay approval to generate income that offsets holding costs, while the north-facing river aspect provides a scarcity premium that should outpace median unit growth in Noosaville over a five-year hold.