101/147 Sir Fred Schonell Drive, St Lucia QLD 4067

3 bed apartment | 115sqm internal | St Lucia river precinct | flood overlay noted This apartment sits inside a well-located low-rise complex in St Lucia, a suburb with persistent buyer demand due to proximity to the University of Queensland and the river corridor. The internal area of 115sqm is generous for a three-bedroom apartment and suggests functional floor plates that appeal to owner-occupiers or investors targeting professionals. Being part of a 18-property building gives it a boutique feel, often preferred over larger towers for privacy and lower turnover. Comparable units in the same building have commanded strong rental yields and capital growth, reinforcing the location’s resilience. The flood overlay is the primary risk, and it will narrow the buyer pool and potentially affect insurance premiums and resale timelines. Without a car space specified, the property may be less attractive to families or those reliant on private vehicles. The heritage overlay on nearby addresses adds a layer of regulatory caution but does not directly impact this unit. For a buyer willing to hold through market cycles and accept the flood risk, this apartment offers a rare combination of size, location, and building scale. Hold as a long-term residence or secure rental in a high-demand corridor.