179/3-9 Salford Street Victoria Point QLD 4165

2-bed retirement unit | Levande Salford Waters village | Waterfront community | Active lifestyle focus | Strong comparable values on site The buying case for this unit rests on its position within a dedicated retirement village that commands a premium over standard apartments in the area, as evidenced by the $733,000 estimate and the $812,000 valuation for the comparable unit 170. The open-plan layout, modern ensuites, and 24-hour emergency call system are not merely features but are structural advantages for a buyer seeking security and low-maintenance living. This property serves the retiree or near-retiree who prioritizes community amenities—pool, spa, gardens, BBQ area—over square footage, and who values the certainty of a waterfront location without bushfire risk. The primary risk is the village classification itself, which may limit resale pool to age-qualified buyers and can introduce deferred management fees or exit costs not immediately visible in the estimate. The 7.07-hectare shared lot means no private land, and units undergoing works may present timing uncertainty. The opportunity lies in buying into a renovated, amenity-rich village with strong internal comparables, suggesting stable demand within the niche. Hold this property as a lifestyle asset for personal use, not for capital growth speculation, and ensure full disclosure of village contract terms before exchange.