20/27 Verney Street, Kings Beach QLD 4551

Near-new beachside apartment | Ocean views from balcony | Walk to Kings Beach | Pet-friendly complex This two-bedroom apartment in a 2023 complex presents a rare configuration edge for Kings Beach: a near-new build with genuine ocean views over the beach and Moreton Island, combined with pet-friendly zoning. The open-plan layout, stone kitchen, and master ensuite with air conditioning are standard for the price bracket, but the private balcony view and short walk to the foreshore create a demand character that appeals to owner-occupiers seeking lifestyle, not just investors. The property sits in a 1225m² lot, implying shared land value upside, and the Caloundra school catchment adds family buyer depth. For a buyer wanting a lock-and-leave coastal base with resale appeal, this unit competes strongly against older stock in the same postcode. The primary risk is the price range of $790,000 to $1.01 million, which sits at the upper end for a two-bedroom apartment in Kings Beach, meaning the buyer pays a premium for the near-new condition and views. Rental income of $660–$775 per week yields roughly 4–4.5% gross, which is acceptable but not exceptional, so the property works better as a primary residence or holiday home than a pure investment. The 2021 sale history and short market listing suggest limited price discovery, so a buyer should verify comparable sales in the same complex. Hold this property for lifestyle use or medium-term capital growth from beachfront scarcity, not for high rental yield.