4 Davidson Street, Cooee Bay QLD 4703

high-set beachfront block | largest land in street | classic coastal charm | strong rental yield potential This property’s primary competitive advantage is its 683m² land holding, the largest in the street, combined with a desirable high-set design that captures coastal breezes and offers future extension potential. The 22% building coverage leaves significant room for value-add improvements, while the location meters from Cooee Bay beachfront positions it as a rare combination of spacious living and immediate coastal access. It serves best for buyers seeking a holiday home with genuine rental income capacity or those looking to secure a substantial block in a tightly held beachside suburb. The primary risk is the dated single-bathroom configuration, which may limit appeal to families and require renovation expenditure to achieve top market returns. The estimated current value of $832,000 against the $749,000 asking suggests reasonable entry point with upside, though the 2023 purchase price of $610,000 indicates recent capital growth has been strong. The rental midpoint of $685 per week provides a solid 4.8% gross yield, making this viable as a hold-and-renovate proposition for investors seeking both lifestyle and income.