11/232 Main Road, Maroochydore QLD 4558

Two bedrooms | two bathrooms | single garage | prime Maroochydore corridor | strong rental yield. This townhouse offers a rare combination of compact floorplan and low-maintenance positioning on Main Road, making it a strong entry point for first-home buyers or investors seeking yield over capital growth. The 102m² land holding, built-in robes, and ensuite bathroom provide functional liveability, while the absence of flood or bushfire overlays reduces insurance and holding risk. Its school catchment in Kuluin State School and Maroochydore State High School adds family appeal, and NBN connectivity supports remote work. The property suits buyers who prioritise immediate rental return over land banking. The main risk is the 2008 purchase price of $200,000, which suggests limited recent capital appreciation in this complex, and the low turnover indicates a thin market. The $775,000 valuation is supported by rental income of $685 per week, but buyers should verify if the 53m² land size discrepancy affects resale. The property is best held as a long-term rental, with the garage and ensuite adding tenant appeal. Use a building inspection to confirm structural condition before committing.