174/2 Inland Drive, Tugun QLD 4224

Flood overlay | Withdrawn listing | 4 car spaces rare | Strong school catchments | High rental potential This townhouse presents a compelling proposition for an owner-occupier or investor seeking a low-maintenance property in a high-demand school catchment. Its key strength is the rare provision of four car spaces, a significant functional advantage over typical two-space townhouses in Tugun, enhancing both livability and rental appeal. The property is competitively positioned within the established rental range, and its fully fenced courtyard and deck offer practical outdoor space. It best serves a buyer prioritizing convenience and rental yield over land size. The primary commercial risk is the confirmed flood overlay, which necessitates specific due diligence on insurance costs and potential future resale constraints. The withdrawn status and subsequent re-listing at a higher price point require scrutiny of the local market’s true absorption rate. Proceed only with a structured offer contingent on a satisfactory flood impact assessment, positioning this as a long-term hold to leverage the strong rental demand and school zoning, rather than a short-term trade. The value is in its functional scarcity, not its land component. A direct comparable at 2 Inland Drive, a larger 162m² townhouse with only two car spaces, carries an estimated value of $1,254,000. This suggests the subject property’s unique four-car configuration may command a premium, though its smaller 100m² lot and flood overlay likely temper that upside. The tight rental range across comparables indicates stable, predictable income potential for an investor.