14/12 Parker Street, Maroochydore QLD 4558

Fully renovated 2-bedder | 100m from beach | North-facing balcony with ocean views | Rarely sold in 28 years This unit represents a genuine scarcity play in a tightly held coastal pocket. The full renovation removes the deferred maintenance risk that typically burdens older stock, and the north-facing balcony with ocean views is a configuration edge that commands a premium in any market. At 99–100 square metres, the internal area is generous for a two-bedroom apartment, and the dual-bathroom layout (main with ensuite) broadens appeal to owner-occupiers, downsizers, and holiday-let investors alike. The building’s small scale,21 units over three commercial lots,keeps body corporate complexity low while providing pool access and secure parking. For a buyer seeking a lock-and-leave coastal base with strong rental fundamentals in a high-growth corridor, this property is positioned to outperform comparable stock. The flood risk overlay is the primary due diligence item; it may affect insurance premiums and resale velocity for certain buyer profiles, though it has not deterred recent sales in the building (Unit 9/12 traded at $797k in February 2026). The rental yield of approximately 4.1% is solid for the area, and the vacancy-free condition allows immediate income or personal use. The 28-year hold by the previous owner signals low turnover and limited supply,an advantage for capital growth. Hold for medium-term capital appreciation, or use as a high-yield holiday let with strong coastal demand.