406/99 Marine Parade, Redcliffe QLD 4020
406/99 Marine Parade, Redcliffe QLD 4020
Large 132m² 2-bedroom waterfront apartment | Premium Mon Komo complex | Heated pool and gym | No overlay risks | Strong digital infrastructure
This apartment is competitively rare for its size. At 132 square metres, it is materially larger than most two-bedroom units in Redcliffe, which typically trade below 100 square metres. The waterfront complex, secure parking, and resident amenities like the indoor heated pool and gym place it in a premium segment of the local market. It is best suited to downsizers or lifestyle-focused owner-occupiers who value space, low-maintenance living, and coastal amenity. The absence of bushfire, flood, or heritage overlays reduces hidden holding costs or insurance premiums, which is a genuine advantage for long-term ownership.
The price may be influenced by the apartment’s aspect and floor level, which are not confirmed from available data. A lower-level waterfront position facing the street rather than the bay might limit views and resale appeal compared to higher floors. The building’s age is also unstated, so prospective buyers should verify the condition of common property and any upcoming special levies. Rental demand for premium units in this corridor is present, but the estimated weekly rent of $990 suggests a yield that may not satisfy investors seeking higher returns from standard stock in the suburb.
Detailed Independent Property Report prepared by PropCred Analyst team for 406/99 Marine Parade, Redcliffe QLD 4020
Checks found:
Value Risk
✕
2
Liquidity Risk
!
1
Planning Risk
✓
Income Risk
✕
2
Execution Risk
!
1
Redcliffe QLD 4020
Redcliffe is a coastal suburb undergoing a significant transformation, with upgraded infrastructure and a maturing demographic profile driving strong demand. The market is characterised by robust price appreciation across both houses and units, reflecting a competitive environment with properties transacting efficiently. Future growth is anchored by major public investments and its relative affordability compared to Brisbane, though mortgage and rental affordability pressures present a key constraint for certain segments.