1/29 Bouganvillea Street, Holloways Beach QLD 4878
1/29 Bouganvillea Street, Holloways Beach QLD 4878
ground-floor renovated unit | boutique 4-unit complex | beachside Holloways Beach | low body corporate fees | ideal first-home or investment buy
This property occupies a strong position for a buyer seeking a low-maintenance coastal foothold. The ground-floor configuration in a boutique complex of four units offers scarcity and privacy, while the full renovation removes immediate capital outlay and makes the unit move-in ready. Spacious bedrooms with built-ins and updated fixtures support both owner-occupier comfort and rental appeal. The low body corporate fees and proximity to the beach create a defensible entry point for first-home buyers or investors targeting steady demand in a lifestyle suburb. The small land size is offset by the efficiency of the floorplan and the complex’s scale, which limits future levy risk.
The 1975 build age introduces potential for structural or common-area maintenance, though the boutique complex size reduces exposure to major works. The single bathroom and one parking space may limit appeal for families or tenants requiring more capacity. The conflicting listing status across platforms suggests a need to verify current market representation before proceeding. The estimated value around $210,000 positions this as a value-driven entry, but buyers should confirm recent comparable sales in Holloways Beach to assess pricing accuracy. For an investor, the location supports steady rental demand; for an owner-occupier, the renovation and low fees make this a hold-and-enjoy proposition with limited upside from further improvement.
Detailed Independent Property Report prepared by PropCred Analyst team for 1/29 Bouganvillea Street, Holloways Beach QLD 4878
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
Income Risk
2
Execution Risk
2
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Market Insight
Holloways Beach’s demand is driven by its beachside lifestyle and proximity to Cairns, plus strong rental yields and short‑stay/tourist appeal — attracting both owner‑occupiers and investors.
Risks include seasonal/cyclone exposure and interest‑rate sensitivity, while growth opportunities stem from limited local supply, rising rents and renewed investor interest; prices have broadly firmed with modest-to-strong uplift in the past six months.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
66m²
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