14/16-18 Abalone Avenue, Paradise Point QLD 4216

Top floor studio | Paradise Point waterside | Tenanted to 2027 at $550/wk | Tightly held coastal pocket | Immediate income secured The buying case rests on a fully tenanted top-floor studio in a tightly held waterside village, offering immediate income with a lease running to March 2027. This configuration is rare in Paradise Point, where most stock is owner-occupied and larger. The 39m² floorplate is efficient for a single occupant or investor, and the tandem parking adds practical value in a coastal setting where car storage is at a premium. The property suits a buyer seeking a low-management holding with predictable cash flow, rather than short-term capital growth potential. The primary risk is the small size and studio layout, which limits the buyer pool to investors or singles and may constrain future resale velocity. The 40% renter mix in the building and 47% long-term residents suggest stable occupancy but no premium owner-occupier demand. Body corporate fees are affordable, but the strata report should confirm no upcoming levies. The opportunity is to hold for the fixed rental term, then reassess the market for a potential repositioning or sale. This property is best held as a passive income unit within a diversified portfolio.