104/85 Landsborough Avenue Scarborough QLD 4020

Ground-floor unit with private courtyard | Waterfront complex with resort amenities | Subtle ocean views from all rooms | Flexible multimedia space | Tightly held complex This property presents a low-supply opportunity in a tightly held waterfront complex, offset by the liquidity risk inherent in a ground-floor unit with a 235m² lot share. The recent 2023 resale suggests potential for a short-term hold, but the 0% suburb auction clearance rate and 70-day average market time demand a patient investment horizon. Acquire for long-term owner-occupancy to capitalise on the lifestyle offering, not for speculative gain. Its competitive strength lies in the rare combination of ground-level private outdoor space, water views, and direct access to resort-style amenities within a single complex. The flexible floorplan serves a premium owner-occupier seeking a low-maintenance coastal lifestyle, with the separate multimedia room enhancing utility without sacrificing bedroom count. This configuration is uncommon in the typical apartment stock. Your next step is to validate the complex’s strata health and recent sales to pressure-test the premium for its unique attributes.