2/1-3 Cottesloe Drive, Kewarra Beach QLD 4879

High price per square meter | no recent sales to anchor value | compact floor plan limits family appeal | rental yield is thin for this price point. The property carries a weak value anchor as it last traded in 2004 with no subsequent sales data on comparables within the complex, making the current estimated band of $701,000-$704,000 speculative at best. The $4,077 per square meter on floor area of 109 square meters is a premium for a townhouse, not a house, and the rental midpoint of $615 per week yields roughly 4.5 percent which is below what investors would target in this corridor. A buyer should treat this as a lifestyle hold for owner-occupation only, not a compound-growth rental play, and negotiate hard off the absence of solid market proof. What makes this position defensible is the scarcity of low-maintenance villas in a small five-unit complex with a pet-friendly fenced yard and undercover entertaining area in a beachside pocket that draws downsizers and young families. The unit is competitively placed for lifestyle buyers because it avoids the compromises of larger body corporate estates and offers indoor-outdoor flow that is rare in this price range in Kewarra Beach. Given the limited supply in this sub market and the lack of recent sales to verify the ask a buyer with comparable data from nearby complexes holds the leverage; the next step is to compare price per square meter against two or three recently sold townhouses in Trinity Beach and Smithfield to test whether the asking range is justified by location alone.