12/10-12 Maroubra Street, Maroochydore QLD 4558

Small complex | 1993 build | Flood overlay | Strong recent sales in building This unit offers a genuine scarcity advantage in Maroochydore. A two-bedroom apartment in a small complex with only a handful of owners is increasingly sought after by owner-occupiers who want lower density and fewer neighbours. The 101 square metre floorplan is generous for the area, and the inclusion of secure parking and a balcony adds practical liveability. The strongest buying case here is the recent sale of Unit 9 in the same building for $730,000 in May 2025, which sets a credible floor for value. This property is best suited to a downsizer or a coastal lifestyle buyer who values proximity to schools and Maroochydore’s amenities over a house and yard. The building’s 1993 construction is not new but it is well past the typical defect period, which can be a quiet advantage for buyers who want certainty on build quality. The flood overlay is the primary risk and it will affect both insurance premiums and future resale appeal to cautious buyers. This is not a dealbreaker but it must be priced into your offer and confirmed against council flood mapping. The small complex structure also means that any major capital works will be shared across few owners, so a strata inspection is non-negotiable. On the opportunity side, the difference between the $730,000 and $770,000 recent sales in the building suggests that internal condition and presentation drive real price variation here. If this unit is well finished it should sit at the upper end of that range. Hold this property as a long term coastal base or a low maintenance rental with solid demand from professionals and retirees.