82/19 Bongaree Avenue, Bongaree QLD 4507

Retirement villa in Solana resort | Converted alfresco adds living space | Over-50s community with resort amenities | Flood and bushfire risk detected. The property’s competitive strength lies in its professionally converted alfresco, which expands usable living space without additional land cost, a rare configuration in this resort. Its position within Solana,a pet-friendly, amenity-rich over-50s community,serves downsizers seeking a lock-and-leave coastal lifestyle with strong social infrastructure. The oversized single garage and solar panels further reduce ongoing costs, reinforcing the property’s appeal to buyers prioritizing low-maintenance, energy-efficient living in a high-demand retirement corridor. Detected flood and bushfire risks introduce insurance and resale friction, requiring due diligence via a strata report and overlay checks. The 2025 sale at $720,000 suggests recent capital growth, but the current asking range sits near market peak, narrowing margin for short-term appreciation. For a buyer, this property functions best as a lifestyle hold; its value is in long-term occupancy rather than flipping, with rental yield potential of 4–5% if later leased.