302/68 Sir Fred Schonell Drive, St Lucia QLD 4067

2 bed | 2 bath | 119m² | flood overlay | Ironside catchment | $1.1m comparables This apartment sits within a well-regarded complex on Sir Fred Schonell Drive, where recent sales and estimates point to a consistently higher-value segment of St Lucia’s unit market. The building’s 119m² floorplans are generous for a two-bedroom apartment, and the Ironside State School catchment adds a layer of desirability for families or investors targeting that demographic. With 5G coverage and a 1231m² site, the complex feels established and well-serviced. This property would suit a professional couple, downsizer, or academic seeking a larger apartment in a liquid market with strong capital growth evidence. The flood overlay is the primary factor a buyer should weigh, as it may affect insurance costs and future resale liquidity. The building’s position on a major arterial corridor could also introduce traffic noise, though this is not confirmed from the data. Without direct confirmation of finishes, renovation level, or building age, a buyer should factor in potential for older fixtures or common area maintenance costs. The $800/week rent benchmark suggests reasonable yield potential, but the property’s value will hinge on its internal condition relative to the strong building-level comparables.