112 North Street, Woorim QLD 4507

Beachfront edge at 100m | 539m² with dual street access | Elevated 5m, roof 4m | Bushfire and flood overlays present. The property’s competitive strength lies in its rare combination of 539m² lot size, dual street access from North Street and Seventh Avenue, and an elevated 5m ground level with a 4m roof height, which together offer practical flexibility for parking a boat, van, or extra vehicles,a distinct advantage in a surfside holiday market. The open-plan layout, reverse-cycle air conditioning, and fully fenced yard with an outdoor BBQ area directly serve the dual-income strategy of long-term rental or short-term holiday let, with the latter supported by existing listings on Stayz and Booking.com. This house is best suited to a buyer seeking a lifestyle property that can generate yield through holiday rentals, leveraging the 100m beach proximity and park opposite as recurring demand drivers. The bushfire and flood overlays are the primary risks, potentially increasing insurance costs and limiting some financing options, though no recent events have impacted the area. The 2015 last sale price suggests limited recent transaction data, and the estimated $1,174,000 value with a $710pw rental yield at 3.4% suburb yield,against recent suburb growth of -6.1%,indicates a market that may require patience for capital appreciation. The opportunity is to hold for medium-term holiday rental income while the Woorim beach market stabilises, using the dual street access and solar panels to reduce holding costs. Use this property as a yield-focused holiday let with a long-term view on coastal demand recovery.