2 Allison Street, Daradgee QLD 4860

Corner block | Flood-free | Vacant or improved | Conflicting data | Strong rental yield This property presents a sharp value discrepancy between its listing price and market estimates, creating a potential opportunity. Its core strengths are the flat, serviced corner block in a flood-free zone with established landscaping, offering a low-maintenance base for either building or occupying. The reliable rental yield and school catchments position it well for an investor or an owner-occupier seeking fundamentals over premium finishes. It serves a buyer comfortable with ambiguity and due diligence. The primary risk is the unresolved conflict over whether you are purchasing vacant land or an existing house; this directly impacts valuation, financing, and utility. Proceed only by physically inspecting the site and clarifying the title to anchor your offer. The commercial logic favours treating it as land value, where the asking price is defensible. Acquire it as a long-term hold for its land component or a straightforward rental, not for speculative short-term gains.