1509/12 Cunningham Street Newstead QLD 4006

Corner apartment |106sqm internals |River/park views |Built 2017 | Est $1.4m value. This two-bedroom apartment on a 106sqm lot suits professionals or couples prioritising waterfront access and urban convenience. At level 15 its corner position secures north-eastern light and protected river-park outlook, setting it apart from standard units in the complex. The 106sqm layout supports practical living with cross-flow ventilation, a dedicated study for work-from-home flexibility, and seamless indoor-outdoor flow. Positioned in a high-demand waterfront precinct, it aligns with Cunningham Street’s appeal for buyers seeking Gasworks proximity without inner-city density. Professionals drawn to James Street’s retail and fitness amenities typically target these larger apartments over smaller one-beds. Similar 2-bed units here have held value steadily, with this one’s last sale at $915k in 2023 reflecting strong post-build appreciation amid tightening supply. A flood overlay tempers some buyer interest, yet the elevated stance and views mitigate risks effectively. Long-term holding appeal stems from the building’s 2017 quality, resort rooftop amenities, and Newstead’s ongoing precinct evolution. Market estimates near $1.4m position it competitively for discerning downsizers eyeing lifestyle over yield.