10/2-4 Irene Street, Redcliffe QLD 4020

Top-floor unit | private rooftop terrace | 197m² internal | walk to waterfront | no overlays This property presents a competitively strong offering due to its rare configuration and positioning. A 197 square metre internal area on the top floor with a private rooftop terrace is an uncommon find in the Redcliffe apartment market, directly serving downsizers or owner-occupiers seeking a spacious, low-maintenance coastal lifestyle without compromise. Its walkable proximity to the waterfront and absence of bushfire or flood overlays provide tangible security and lifestyle utility that underpins demand. The decision hinges on balancing this premium configuration against the unit’s mid-age build and the inherent strata costs of a 2005 building. The opportunity is to secure a characteristically scarce top-floor layout with outdoor space in a high-growth suburb, while the risk is capital erosion from future major works. The commercial logic supports a long-term hold for lifestyle use, making it a sound purchase if the strata health is verified and the price reflects the building’s age.