6/29 Landsborough Parade, Golden Beach QLD 4551

Flood overlay active | limited car space for family use | premium view exposed to rising insurance | tight holding cost in current market The flood overlay introduces a measurable insurance premium and resale friction that narrows your buyer pool to those willing to absorb a 5–15% holding cost above similar units without risk. This is offset by the 180-degree north-eastern water aspect and direct park frontage—two structural advantages that rent well and hold floor value even in a cooling unit market. For a buyer seeking a long-term coastal hold with lifestyle yield, the property works; for capital growth in the next 3–5 years, the overlay and single-car limit offset the upside. The 607m² lot in a six-residence complex is competitively rare for a unit on this stretch of Landsborough Parade, giving you a positional lock that few newer apartments can match. The three-bedroom, two-bathroom layout with updated kitchen targets downsizers and professional couples who value view over volume. This property serves best as a high-yield permanent residence or holiday hold where view premium drives occupancy, not resale velocity. Compare insurance and strata quotes before proceeding—that cost delta will decide whether this is a smart buy or a premium mistake.