1201/10 Flora Street, Stones Corner QLD 4120

Spacious two-bedroom apartment | premium Stonebrook complex | strong rental yield near 4% | no flood or bushfire risk | high owner-occupier appeal This apartment presents a compelling buying case for those seeking a generously sized two-bedroom residence in a well-regarded complex with resort-style amenities. The 147-square-metre floor area is notably larger than typical two-bedroom units in the area, offering genuine space for comfortable living and a covered balcony that extends the usable area. The secure double parking is a rare find in apartment living and adds practical value. With a rental estimate of $845 to $855 per week and a yield around 4%, the property suits both owner-occupiers wanting low-maintenance lifestyle and investors looking for solid income potential. The Stonebrook complex’s heated pool, gym, and rooftop entertaining areas elevate the day-to-day living experience, while the Stones Corner location provides easy access to Hanlon Park, cafes, and transport without compromising a quieter residential feel. The primary risk is the significant gap between the last recorded sale price of $694,000 in February 2025 and current estimated values of $1.02 million to $1.26 million, which may reflect either rapid market appreciation or over-optimistic valuations from automated models. Buyers should verify recent comparable sales in the complex to ground their offer in actual transaction evidence. The property’s status as both listed for sale and off market across different portals suggests a marketing strategy that may indicate price sensitivity or changing seller motivation. On the opportunity side, the absence of flood or bushfire overlay concerns reduces long-term insurance and resale risk, while the Buranda State School catchment adds family buyer appeal. The multi-purpose room offers flexibility for a home office or guest space, which is increasingly valued in the current market.