704/11 Andrews Street, Southport QLD 4215

North-west aspect with Broadwater views | 75% owner-occupied building | 10-year-old proven block near light rail | Low body corporate levy The buying case rests on a rare combination of orientation and building quality. A north-west facing unit with water views in a 10-year-old, predominantly owner-occupied building of 55 properties offers both lifestyle appeal and capital resilience. The 3-minute walk to light rail, proximity to Chinatown and shopping, and rooftop amenity with skyline views position this unit strongly for professionals and downsizers seeking low-maintenance living without sacrificing connectivity. The 75% owner-occupier ratio signals a well-managed building with fewer rental turnover risks, supporting long-term value stability. Ducted air conditioning and a balcony with Broadwater views add genuine daily utility that competing units in older or higher-density blocks often lack. The primary risk is the building’s age at 10 years, which may require capital works levies for common area maintenance in the near term, though the low current body corporate levy suggests prudent management. The 25% rental component, while modest, still introduces some transient occupancy. Opportunities include above-average rental demand in this location, with the unit suited to both owner-occupation and investment. The absence of flood, bushfire, or heritage overlays removes major insurance or development constraints. Comparable sales in the building show consistent 13-17% annual growth, indicating established price momentum rather than speculative froth.