13/129 Mystic Avenue, Balgal Beach QLD 4816

Four-bedroom townhouse | secure tenancy until 2026 | modern build in growing coastal suburb | side access for vehicles This property offers a rare combination of immediate income security and low-maintenance modern construction in a suburb with steady family demand. The tenancy locked until December 2026 at a rising rate removes vacancy risk for an investor, while the 712 sqm block with side access adds functional flexibility often missing in newer complexes. The open-plan layout and separate lounge suit tenants or future owner-occupiers, and the 2021 build year means minimal upkeep for several years. Best suited to a buyer seeking passive cash flow without active management. The main risk is that the townhouse configuration within a strata complex may limit capital growth compared to standalone houses in the same price bracket, and the older demographic skew could soften resale demand if family migration slows. However, the below-market purchase price relative to recent estimates provides a margin of safety, and the rental increase built into the lease improves yield over time. Hold this property for the tenancy term, then reassess for owner-occupier sale or continued rental.