71 Dayman Street Urangan QLD 4655

Renovation project | Central Urangan location | Large 1012m²+ block | Substantial shed | Near marina & beaches This property presents a clear value-creation opportunity through renovation, but requires immediate capital allocation for modernisation, with holding costs tied to the project’s timeline. Its central location offers inherent demand, making it suitable for a long-term hold post-renovation, either as a primary residence or a rental. The commercial logic is sound for a buyer with renovation capacity, as the land component provides a stable floor value while the improvements are upgraded. The competitive strength lies in the rare combination of a large, central block with development-scale space in a high-amenity location. The substantial shed adds immediate utility and potential for income or workshop use, differentiating it from typical suburban houses. This property best serves an owner-occupier seeking a lifestyle project or an investor with renovation expertise aiming to force equity appreciation. Your next step is to quantify the renovation scope against recent sales of improved properties on Dayman Street to validate the investment thesis. Recent sales activity on Dayman Street provides a direct benchmark for land value. Analysing these comparables confirms the underlying demand in this precinct, suggesting the subject property’s land size is its primary and bankable asset.