1001/28-30 Second Avenue, Broadbeach QLD 4218

Top-floor 3 bed in central Broadbeach | 106m² internal area | Tenanted to 2026 | Walk to beach & light rail This top-floor unit offers a competitively large internal floor plan for a Broadbeach apartment, a configuration that is rare in a suburb dominated by smaller high-rise units. Its secured tenancy provides immediate income stability for an investor, while the prime location within walking distance of the beach, Pacific Fair, and light rail caters strongly to both the luxury rental market and an owner-occupier seeking a lock-and-leave lifestyle. The property best serves a buyer prioritizing low immediate management and capitalizing on sustained demand from high-income professionals and tourists. The decision hinges on paying a premium for a recent rapid price increase, as the last sale was only six months prior. The lack of detailed aspect or finish data introduces valuation risk, while the high-traffic location, though convenient, may detract from long-term capital growth relative to quieter, equally positioned complexes. Proceed only if the premium aligns with superior, verified building quality and the tenancy terms are favorable; otherwise, comparable top-floor opportunities may exist without the recent volatility. Our property report would verify the true market valuation against recent sales, detail locality-specific risks like tourist density, and assess the building’s condition for accurate insurance costing. Recent sale of this specific unit in October 2023 for $1,280,000 establishes a clear price trajectory. This rapid appreciation underscores the premium for top-floor, larger configurations in central Broadbeach and sets a firm baseline for your negotiation against the current asking price.