30408/24 Stratton Street Newstead QLD 4006

2 bed apartment in St Tropez building |70m² floorplan |Sold $540k in 2023 |Est $816k value | $735pw rent potential. This two-bedroom apartment on a 70sqm internal floorplan suits professionals or couples pursuing low-maintenance inner-city living with resort amenities. Its generous layout delivers practical space for daily comfort, flowing from open kitchen-living areas to a private terrace that captures elevated outlooks over quieter parts of the precinct. Positioned within the established St Tropez complex, it benefits from onsite management, pool, gym and secure parking, setting it apart from more basic units nearby. Buyers drawn to such properties often include young professionals or downsizers who prioritise walkable access to Gasworks, transport hubs and the CBD just 1.5km away. Comparable two-bedroom apartments in the building have shown steady capital growth, with this one’s prior sale at $540,000 in 2023 reflecting a strong uplift to current estimates around $816,000 amid tightening supply. Rental yields hover near $735 weekly, appealing to investors eyeing Brisbane’s urban rental demand. The flood overlay warrants due diligence, yet its structural features like ducted AC and ample storage underpin resilience. Long-term, its location near schools and ferries supports holding value as Newstead evolves, favouring apartments like this over standalone options in a high-density market. Body corporate at roughly $6,800pa aligns with premium facilities, balancing costs against lifestyle gains.