1406/12-14 Executive Drive, Burleigh Waters QLD 4220

3-bedroom apartment in Burleigh Waters | 115 m² with double garage | 70% owner-occupied complex | strong school catchment location This property presents a competitive edge through its combination of generous internal space and secure double parking within a predominantly owner-occupied complex, a configuration rarely available in this segment. The 115 m² floor plan with three bedrooms and two bathrooms positions it well for owner-occupiers seeking permanent residence rather than short-term rental yield, and the complex’s 70% owner-occupancy ratio signals lower turnover and more stable communal governance. The location within walking distance to shops and cafés, coupled with proximity to two well-regarded government schools, makes this unit particularly suited to professional couples or small families prioritising lifestyle convenience and long-term tenure. The primary risk lies in the property’s age and the absence of recent major updates, which may require capital expenditure for modernisation within the next five years, though this also presents an opportunity to negotiate below the midpoint valuation of $926,000. The optional furnishing arrangement offers flexibility for buyers uncertain about immediate occupancy, while the NBN Fibre to the Building and 5G coverage support remote work capability, a secondary but practical advantage. Buyers should verify strata levies and sinking fund status given the building’s 184-unit scale, as these can materially affect holding costs.