6/651 Esplanade Urangan QLD 4655

1 bed studio |Beachfront complex |$330k asking |Built 1995 | $175k last sale. This one-bedroom studio apartment on a 51sqm lot in a beachfront strata complex suits investors seeking low-maintenance holiday rental returns or downsizers wanting easy coastal access. At 57sqm internally and built in 1995, it delivers compact, fully furnished living with air conditioning, balcony and shared pool, BBQ and laundry facilities that enhance everyday usability without upkeep demands. Positioned directly opposite the beach in a marina-adjacent complex, it stands out among larger units on the street, appealing to those prioritising location over space in this waterfront pocket. Buyers drawn to similar studios here typically include interstate investors chasing yields around 5-6% from short-term lets, given its pet-friendly setup and proximity to the boat club. Local market data shows units like this trading below the $520k median, with this one listed at $330k after a $175k sale in 2022, reflecting quick appreciation potential amid 10% suburb growth. Comparable one-beds nearby linger 75 days on market, but its furnished, income-ready state and no overlay risks could accelerate turnover. Long-term, the esplanade positioning secures holding value as coastal demand persists, especially with school catchments adding family holiday appeal. Recent estimates vary from $250k to $349k, underscoring its niche as an entry-level beach play with rental upside.