50 Burnett Street, Mooloolaba QLD 4557

50 Burnett Street Mooloolaba | Dockside Apartments | flood overlay present | strong yield on 3-bed units | quick resale profit signals demand The buying case here rests on the building’s dual identity as both a permanent residence and a holiday let, which gives a buyer unusual flexibility. The 3-bedroom units, particularly those with rooftop terraces and secure parking, command rental income near $900 per week with high confidence , that is rare for a beachside apartment block without resort management fees. The recent flip of unit 13/50 for a $360,000 profit in nine months confirms that well-priced entry points are being corrected quickly by the market. This property suits an investor seeking yield-plus-capital-growth or a downsizer wanting lock-and-leave with income optionality. The flood overlay is the primary risk and it will narrow your buyer pool at resale, especially among owner-occupiers. It does not appear to have suppressed values in the recent transaction, but it does mean insurance premiums will be higher and some lenders may impose stricter conditions. The opportunity lies in buying a 2-bedroom unit, which sits below the local median for that configuration, then holding for the medium term while the Sunshine Coast’s infrastructure pipeline lifts the entire corridor. Use this property as a hold-to-rent with an exit trigger tied to the next interest-rate cycle or a major local development milestone.