206/20 Wyandra Street, Newstead QLD 4006

3-bed, 3-bath apartment | dual ensuites & dual car | flood overlay present | prime Newstead location This unit presents a competitively dense configuration for its suburb, offering three full bathrooms and dual car accommodation within a large floor plan, a combination that serves professional sharers or a family seeking low-maintenance inner-city living. Its recent resale and strong rental growth trajectory signal established demand, positioning it as a turnkey holding rather than a value-add opportunity. The primary decision rests on absorbing the quantifiable risk of the flood overlay, which carries insurance and liquidity costs that directly discount the property’s long-term value. The commercial logic for proceeding lies in securing a scarce, high-amenity layout in a tightly held precinct, making it a hold for rental or owner-occupation over the medium term, not a short-term trade.