12/119 Sugar Road, Alexandra Headland QLD 4572

2-bed villa-style unit | beach-proximity | low body corporate | tenanted yield 3.6% | no flood or bushfire overlay The property’s competitive strength lies in its unusual configuration as a low-set villa-style unit in a small complex, offering more privacy and outdoor space than a standard apartment block, while still delivering beach proximity and low body corporate fees. Its 121m² land component, separate courtyard, and single lock-up garage are rare for a two-bedroom unit in this coastal pocket, giving a buyer a tangible edge over typical flat offerings. This suits an investor seeking a tenanted holding with stable yield, or an owner-occupier wanting low-maintenance coastal living without strata noise. The primary risk is the 1985 build age, which may present deferred maintenance in common areas despite the property’s current presentation, and the 3.6% gross yield sits below aggressive investor thresholds, though it aligns with blue-chip coastal suburb benchmarks. The absence of flood or bushfire overlay reduces insurance cost uncertainty, and the 19.6% suburb growth supports capital preservation. For a buyer, hold this as a long-term coastal base or a steady rental, refinancing only after further suburb appreciation is captured.