23 Sawmill Drive, Myrtlevale QLD 4800

Large 2,025m² block | 15% building coverage | Bushfire overlay detected | Strong rental yield potential | Proserpine school catchment. This property’s competitive strength lies in its unusually generous land-to-building ratio, offering a rare 2,025m² parcel with only 15% coverage. For a buyer, this configuration signals significant future subdivision or dual-occupancy potential, a feature that typically commands a premium in the Whitsunday market. The reliable fixed wireless NBN and 4G mobile coverage support modern living, while the property’s positioning within Proserpine school catchments suits a family investor seeking long-term demand. The average rental estimate of $640 per week provides a solid income buffer, making this house most attractive to buyers with a medium-term development horizon. The detected bushfire overlay introduces a specific cost: higher insurance premiums and potential restrictions on landscaping or building materials, which may reduce immediate resale liquidity. However, this risk is partially offset by the absence of flood or heritage overlays, and the elevated ground position at 35 metres. For a buyer, the commercial logic is to acquire at the current listed price, hold for rental income, and pursue a future subdivision application once market conditions firm. Use this property as a land-bank with immediate cash flow.