1502/24-26 Queensland Avenue, Broadbeach QLD 4218

1502/24-26 Queensland Avenue, Broadbeach QLD 4218
Level 15 north-facing unit | mid-rise resort amenities | Morris Group development | 150m to highway & beach This unit presents a competitively strong mid-market position within a well-established Broadbeach tower. Its level 15 placement guarantees elevated views over the extensive resort-style amenities, a tangible advantage over lower-floor units. The configuration, whether two or three bedrooms, benefits from the developer’s standard quality finishes and the building’s north-facing light potential. This property best serves a buyer seeking a turnkey apartment in a secure, amenity-rich complex with immediate proximity to the beach and convention infrastructure, without the premium of a brand-new or ultra-luxury development. The primary risk is its position within a dense and active development precinct, facing direct competition from newer, higher-specification towers now being marketed. This will pressure capital growth relative to newer stock and may lengthen resale timeframes. The opportunity lies in acquiring a well-located, decade-old unit with proven amenities at a likely discount to incoming supply. Hold this property for medium-term lifestyle use or steady rental, but expect its appreciation to be anchored by the building’s age as newer completions redefine local benchmarks. A recent comparable sale on the fourth floor of this building, with similar pool and glimpse views, sold after over 30 days on market. This indicates a measured sales environment for lower-level units, suggesting higher floors like level 15 command a tangible premium for their superior aspect and outlook.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Broadbeach is a premier coastal suburb, positioned as the cosmopolitan heart of the Gold Coast with exceptional walkability and established infrastructure. Demand is driven by affluent professionals, downsizers, and interstate buyers seeking a premium lifestyle, competing for limited family-sized stock and luxury apartments. Recent price trends show strong growth, particularly for units, supported by sustained demand and constrained land supply. Future growth is anchored by its irreplaceable location and ongoing infrastructure investment, though key risks include affordability pressures and sensitivity to interest rate changes.
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PropCred Estimated Value

Bedrooms

Bathroom

Parking

1

Land

1686mΒ²

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