24 Clover Cres Boyne Island QLD 4680
24 Clover Cres Boyne Island QLD 4680
Corner block in Riverstone Rise | Tenanted until Sep 2026 | 4-bed lowset with side access | Suburb growth 16.7%
This property offers a rare combination of a corner block with side access in a master-planned estate, which is competitively strong for buyers seeking both immediate rental income and future flexibility. The tenancy until late 2026 provides a guaranteed cash flow, while the lowset design with four bedrooms and two bathrooms suits families or investors targeting the owner-occupied demographic. The 16.7% suburb growth signals improving demand, and the open-plan layout with air conditioning throughout reduces re-leasing risk.
The primary risk is the fixed tenancy, which locks out owner-occupiers for over two years and may limit capital growth if the market softens. The corner block, while offering side access, may also carry higher council rates and maintenance exposure. An opportunity exists to negotiate a discount for the tenancy term, then hold for rental yield of 4.3% until vacancy, at which point the block’s subdivision or dual-living potential could be unlocked. Use this property as a buy-and-hold income generator with a medium-term redevelopment option.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Demand in Boyne Island is driven by affordable coastal living combined with direct exposure to Gladstoneโs port and industrial employment, drawing renters, investors and trade workers. Opportunities include strong rental returns and limited supply supporting upside, while risks come from resourceโsector cycles and constrained local services that can temper longerโterm growth. Prices have broadly trended up over the past six months, continuing the doubleโdigit annual gains recorded across the last year, leaving the market firm but sensitive to wider economic shifts.