29/26 Bourke Street, Blacks Beach QLD 4740

29/26 Bourke Street, Blacks Beach QLD 4740
Beachside resort complex | Low-maintenance townhouse | First-home or investor sweet spot | Heritage and bushfire overlays apply. This property sits inside a sought-after beachside complex, which is the primary competitive advantage , buyers gain immediate access to a coastal lifestyle without the upkeep of a standalone house. The 126mยฒ internal area is generous for a two-bedroom townhouse, and the 1993 build is recent enough to avoid major structural concerns while still offering established landscaping and complex amenities. The location, moments from Blacks Beach, supports strong rental demand from both holiday and long-term tenants, and the estimated rental yield of around 7.5% makes this viable for investors seeking cash flow. First-home buyers will also find the price point accessible, particularly given the low-maintenance proposition. The property serves best as a lock-and-leave retreat or a reliable income-producing unit in a proven coastal market. The bushfire overlay is the most material risk , it may raise insurance premiums and could affect financing for some buyers, so a quote should be obtained early. The heritage overlay adds a layer of approval risk for any external modifications, though for a unit in a complex this is less restrictive than for a standalone house. Body corporate fees are not disclosed but should be confirmed, as they directly impact net yield and holding costs. No flood risk is a positive, and the NBN connection is adequate. The opportunity here is to acquire a well-positioned unit in a desirable complex at a price that still leaves room for modest capital growth as the Mackay region continues to attract coastal migration. Hold this property for steady rental income and treat any overlay-related costs as a known, manageable expense rather than a dealbreaker.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 29/26 Bourke Street, Blacks Beach QLD 4740
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Market Insight:

Blacks Beach is a coastal suburb with a robust property market, primarily driven by families and investors seeking its lifestyle appeal and strong rental demand. Recent house price growth has been exceptionally strong, reflecting a competitive market with low inventory. Future growth is underpinned by sustained demand for coastal living and investment properties, though this very competition and limited supply present a key constraint for prospective buyers.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

163mยฒ

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