107/11 Compass Drive Biggera Waters QLD 4216

Lease lock through 2026 | valuation gap of up to $184k | no sales history | amenities cost unknown The tenancy runs until August 2026, which caps rental growth at current market rates while body corporate levies remain unchecked. This creates a yield compression risk if rates rise faster than lease income. The property’s $894k reference value against an $829k ask suggests marginal upside, but the Domain estimate at $710k signals genuine valuation divergence. For a buyer, this unit works as a medium-term hold for passive income, not for quick equity gain. Treat it as a yield play, not a value play. The Aquilo complex is rare for its scale of resort amenities in Biggera Waters, and steady tenant demand in the suburb supports low vacancy risk. A first-floor unit with lift access and dual living zones appeals to owner-occupiers post-lease, while the long tenant secures immediate cash flow. This suits an investor prioritising stability over entry discount. To validate the valuation gap, order a strata report and compare recent sales of two-bedroom units in Aquilo specifically.