71/14 Elizabeth Avenue Broadbeach QLD 4218

23rd floor Koko tower | 180-degree views | Offers over 1.4m | Strong 10-year growth corridor This two-bedroom apartment on the 23rd floor of Koko Broadbeach represents the high-rise apartment segment in an established beachside location, suited to buyers prioritising vertical living with premium outlook over land ownership. The property’s positioning on the 23rd floor with north-facing orientation and 180-degree views spanning ocean, hinterland and city is a defining characteristic that typically commands price premiums in the Broadbeach market. Comparable two-bedroom units in the same building have sold between 1.07 million and 1.35 million, with annual appreciation averaging around 10 percent across the cohort, suggesting the current asking level sits within established market parameters. The Koko building itself represents a sought-after address within the precinct, indicating the property benefits from established building reputation and likely strong management standards. At 1,054 square feet or approximately 98 square metres of total building area, the apartment sits at the compact end of two-bedroom specifications, typical of high-rise design where vertical positioning and views compensate for modest floorplates. The one-car parking allocation and central beachside location reduce dependency on vehicle ownership, aligning with the lifestyle expectations of apartments in this category. Rental data from the building shows similar units generating around 950 dollars weekly, pointing to a gross rental yield environment of approximately 4 percent, which appeals to investors alongside owner-occupiers seeking lifestyle and capital growth. The tenure profile within 14 Elizabeth Avenue indicates most owners hold for three to six years, suggesting the property sits within an active turnover market where capital movement remains consistent rather than speculative. Given the building’s supply-constrained position on the beachfront and the 23rd floor’s scarcity relative to lower levels, longer-term holding patterns may reflect both lifestyle commitment and incremental capital appreciation in a suburb where demographic composition skews toward mature buyers.