502/12 Archer Street, Rockhampton City QLD 4700

| CBD high-floor apartment | 2023 build | 415sqm lot rare for unit | school catchment edge | 5G coverage | This property’s competitive strength lies in its oversized 415sqm lot within a 2023-built flat, a rare configuration that offers both modern finishes and land value typically absent in apartments. The high-floor position on Level 5 with balcony and secure parking positions it well for owner-occupiers seeking low-maintenance living in Rockhampton’s CBD, while the school catchment for The Hall State School and Rockhampton State High School adds demographic depth. It suits a buyer wanting a near-new unit with a land component that may appreciate independently of the building. The primary risk is the rapid price escalation from $305,000 in December 2023 to the current $495,000 listing, which may outpace local rental growth given no rental estimate is available. The absence of bushfire, flood, or heritage overlays reduces insurance and compliance costs, but the unit’s reliance on 5G rather than FTTP may limit appeal to remote workers. The opportunity is to hold for capital growth tied to the large lot, as redevelopment potential or subdivision could emerge over time. Use this property as a core hold in a diversified portfolio, not a quick flip.