1006/75-77 The Strand, North Ward QLD 4810

Prime waterfront studio | 10th floor Aquarius | Magnetic Island views | low-maintenance beachfront | North Ward prestige This property offers a rare combination of absolute beachfront positioning and entry-level price point in one of Townsville’s most desirable suburbs. The 10th-floor elevation in the iconic Aquarius building secures unobstructed ocean views to Magnetic Island, a feature that typically commands premium pricing and supports long-term capital growth. As a fully furnished, self-contained studio, it serves the investor seeking low-maintenance rental demand from professionals or holidaymakers, or the owner-occupier wanting lock-and-leave coastal living without the overhead of a larger home. The primary risk lies in the studio configuration itself, which limits appeal to a narrower buyer pool compared to one-bedroom apartments with separate sleeping areas. The building’s age and strata governance should be carefully reviewed, as older beachfront towers can carry unexpected special levies or sinking fund shortfalls. However, for a buyer comfortable with compact living, the property’s location on The Strand, combined with its scarcity as a sub-$350,000 waterfront unit, presents a genuine opportunity to enter a premium market at a discount to larger apartments in the same complex.