1 Blackstar Place, Black River QLD 4818

4-bed 2008 house | 1.02 acre fully fenced lot | In-ground pool & workshop | Flood overlay | Fixed wireless NBN This property presents a substantial family holding in Black River, combining a modern four-bedroom house with a rare, fully-fenced acreage lot within the Townsville urban fringe. The offering is competitively strong for its land size and private amenities, including a pool, outdoor entertainment area, and significant shedding. It serves buyers seeking space and lifestyle utility over inner-suburb proximity, with rental yield aligning with regional averages, suggesting steady demand from larger households. The flood overlay is a material risk that necessitates immediate due diligence, likely impacting insurance premiums and future development potential. The discrepancy in building size records requires clarification. Given the scope, this property is best held as a long-term primary residence capitalising on the land asset, not a short-term investment. Proceed only after a full flood impact assessment and building verification.