505/372 Marine Parade, Labrador QLD 4215

South-facing Broadwater park aspect | 5th-floor resort apartment | tightly held Labrador building | Opticomm FTTP + 5G. This apartment’s competitive edge is its direct parkland and city skyline outlook from a south-facing balcony, a rare configuration in a resort building that typically prioritises northern exposure. The 80m² internal footprint, ducted air-conditioning, and gourmet kitchen with gas cooking position it as a genuine owner-occupier alternative to newer, smaller stock. It suits a downsizer or professional seeking low-maintenance coastal living with immediate access to the Broadwater, and the building’s tight holding pattern limits supply, supporting long-term value retention. The detected flood overlay is the primary risk, raising insurance premiums and potentially resale liquidity; buyers should verify current policy costs and check QLD Globe for historical inundation. Rental yield at $730/week offers a gross return near 4.1% at the mid-market value, viable for an investor but not exceptional. The property is best held as a permanent residence or medium-term hold, with capital growth tied to the Broadwater’s enduring appeal and the building’s limited turnover.