5040/21 Ross Street, Benowa QLD 4217

Near-new one-bedroom | dual secure car spaces | resort lifestyle precinct | set-and-forget tenancy | Benowa State School zone This apartment presents a low-maintenance entry into a master-planned community where configuration and finish are above typical for a one-bedroom. The dual car spaces and deep balcony are rare at this price point, while the European kitchen and zoned air conditioning signal a build standard that supports long-term holding. It suits an investor seeking a tenanted position with renewal interest, or a downsizer wanting lock-and-leave amenity without suburban compromise. The primary risk is that one-bedroom units in large developments can face softer capital growth compared to two-bedroom configurations, particularly if supply increases in the precinct. However, the adjacency to Royal Pines and walking distance to Benowa Village anchor demand from professionals and empty-nesters. The existing tenancy at $700 per week and lease extension interest reduce vacancy risk, making this a practical addition to a portfolio focused on yield rather than rapid appreciation.