115 Ring Road, Alice River QLD 4817
115 Ring Road, Alice River QLD 4817
Acreage near city | 4-car shed capacity | Queenslander character | pool and solar | 4020sqm block
This property competes on space and utility rather than finish. The 4020sqm block with two substantial sheds and a 10.3kW solar system gives it a rare configuration for buyers needing workshop, storage, or hobby capacity within 20 minutes of Townsville. The Queenslander-style wraparound verandahs and in-ground pool add genuine lifestyle appeal for families, while the 1995 build avoids the maintenance burden of older character homes. It suits buyers prioritising land and shed infrastructure over interior polish.
The bushfire overlay is a material risk that should be costed for insurance and any future lending. Fibre to the node internet is functional but not a selling point. The rental yield around 3.3-3.7% confirms this is a lifestyle property, not an investment-grade proposition. On the opportunity side, the broad price range suggests motivated selling and room to negotiate below the upper estimate. The property should be held as a long-term family home or semi-rural base, not flipped or rented for yield.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 115 Ring Road, Alice River QLD 4817
Market Insight:
Alice Riverโs demand is being driven by large family-sized blocks, a quiet lifestyle and close commuting access to Townsville, attracting owner-occupiers and buyers seeking space and relative affordability.
Key risks are exposure to regional market swings and limited local services; growth opportunities stem from available developable land and nearby transport/infrastructure upgrades, and prices have been broadly steady to gently rising over the past six months amid tight listings.