24 Miami Terrace Blacks Beach QLD 4740

4-bedroom Blacks Beach house | 660m² lot with side access | Solar and full air-con | School catchment and beach proximity This property presents a strong buying case for a family or investor targeting the Blacks Beach corridor. The 660m² lot with side access for a caravan or boat is a rare configuration in this price bracket, directly addressing a practical demand from owner-occupiers who value storage and recreation. The 258m² building size, combined with solar panels and air conditioning throughout, reduces ongoing utility costs and positions the house as a lower-maintenance hold. Its location within the Eimeo Road State School catchment and a five-minute drive to the beach and tavern gives it a clear demographic pull for young families seeking a coastal lifestyle without sacrificing amenity. The current rental history at $580 per week, while below the market estimate of $750, suggests upside in income if repositioned. The primary risk is the property’s recent sale in 2024, which may indicate limited short-term capital growth unless the market strengthens. The rental appraisal gap of $570–$590 per week from one agent versus $750 from another signals inconsistency in achievable rent, requiring a buyer to verify tenant demand before relying on income projections. The expired lease and lack of current tenancy add vacancy risk. The opportunity lies in the side access and secured outdoor area, which can be marketed to a tradesperson or boating family willing to pay a premium. For a buyer, this property is best held as a long-term owner-occupied family home or upgraded to command higher rent, not flipped for quick gain.