209/10 Leeding Terrace Caloundra QLD 4551

2 bed unit on 101m² lot|Built 2009, 2nd floor|Est value $952k-$1.2m | Recently listed over $860k | Rental yield ~3.8%. This two-bedroom unit on a 101m² lot suits downsizers or couples seeking low-maintenance coastal living with beach access. Occupying the second floor in a well-managed complex, it delivers spacious open-plan living at 101m² internally, blending indoor-outdoor flow via an expansive terrace ideal for relaxed entertaining. Its contemporary 2009 build stands out among similar units on the street, where two-bedroom peers have posted steady 9-12% annual growth over recent holdings. Positioned directly opposite Bulcock Beach and the Pumicestone Passage, the unit captures premium waterfront proximity without direct exposure to street traffic, enhancing its appeal in a tightly held building. Buyers drawn to these properties are often retirees or professionals valuing secure parking, onsite pools, and a short stroll to cafes, with school catchments adding family crossover potential. Comparable sales in the complex, like a $900k two-bed unit after four years, signal reliable capital performance amid Caloundra’s 18.9% suburb growth. Lacking overlays for flood or bushfire, it offers clean holding value, supported by NBN and 5G coverage for modern needs. Long-term, its location near hospital and airport precincts positions it for enduring demand as Sunshine Coast infrastructure expands. Energy rating aside, the practical layout ensures broad renter interest at $715-$855 weekly.