506/14 Ella Street, Newstead QLD 4006

Corner unit | dual-aspect city views | flood overlay noted | 2019 build | strata 76sqm This property’s competitive advantage is its corner positioning within a 2019 build, delivering dual-aspect natural light and city skyline views that are rare in strata flats of this size. The configuration offers privacy and a sense of space typically absent in comparable units, making it well suited to owner-occupiers seeking a low-maintenance inner-city residence with a premium outlook. For investors, the rental yield is constrained by the high purchase price relative to the $875–$1,020 weekly rent range, but the scarcity of this layout may support stronger capital retention in a softening market. The flood overlay is the primary risk, as it may affect insurance costs and future resale appeal to cautious buyers. However, the property sits above ground level in a 2019 complex, which typically includes mitigation measures, so the practical impact is likely limited. The 198sqm strata title includes common area, so the internal footprint is modest at 76sqm, meaning storage and living space are compact. This unit is best held as a long-term city base or a low-maintenance rental, not as a family home or a high-growth land play.