1511/1 Grant Avenue, Hope Island QLD 4212

|2-bed flat on 338m² | Hope Island | flood overlay present | ducted cooling & heating | near sea & school catchment | This property offers a rare configuration advantage for Hope Island: a flat apartment on a full 338m² lot, which is significantly larger than the typical unit in the area. The ducted cooling and heating, plus the in-ground pool and gym, make it a comfortable, low-maintenance hold for a downsizer or investor targeting the premium rental bracket. Its position near the sea and within the Coombabah and Helensvale school catchments adds practical appeal for families or tenants seeking lifestyle and school access without a house-sized commitment. The flood overlay is the primary risk—it may narrow the buyer pool and affect insurance costs, which a buyer should quantify before proceeding. The absence of recent sales history for this specific unit means pricing relies on nearby comparables, so independent valuation is wise. For an owner-occupier, the large lot and amenities offer a rare apartment lifestyle with outdoor space; for an investor, the rental estimate of $825 per week (with upside to $950) supports solid yield if purchased near the $1.035m estimate. Hold this property for medium-term capital growth tied to Hope Island’s coastal demand, or use it as a lock-and-leave base.