18 Vaughan Street, Yeppoon QLD 4703

| 1950s cottage | 422m² flat block | no overlays | Yeppoon school catchment | NBN FTTP | This property offers a rare combination of a flat 422m² block and no risk overlays in a coastal town where such sites are increasingly scarce. The 29% building coverage leaves meaningful room for extension or a secondary dwelling, and the 14-metre ground elevation provides passive protection from storm surge without sacrificing proximity to the town centre. It suits a buyer seeking a low-risk entry into Yeppoon’s residential market, particularly one with a medium-term horizon for value-add through renovation or infill development. The 1950 build and 123m² floor plate imply likely outdated electrical, plumbing, and insulation, which will require a capital reserve of $40,000–$70,000 for a full retrofit. The single-bathroom configuration limits appeal to owner-occupiers with families, so the exit strategy should target downsizers or investors rather than the broad family market. Rental yield at $585 per week against a $750,000 asking price sits below 4.1% gross, which is thin for the region. Hold for land appreciation and execute a staged renovation to lift the rental return or prepare for subdivision once council zoning permits.