48 Double Island Drive Rainbow Beach QLD 4581

Elevated near patrolled beach | Recently renovated interior | Bushfire overlay present | Strong rental demand evident This property presents a clear opportunity for a lifestyle purchase or rental investment, balanced by a defined risk. The bushfire overlay imposes potential insurance premiums and future compliance costs, which must be factored into holding costs. The recent internal renovation capitalises on the solid underlying structure, offering modern livability without a full rebuild. For a buyer, it is best held as a long-term coastal holding, leveraging its reliable rental appeal to offset costs while benefiting from location-driven capital stability. Its competitive strength lies in the rare combination of an elevated, walkable position near the beach and a substantial 670m² block, a pairing increasingly scarce in coastal nodes. The open-plan renovation and easy-care finishes directly serve the practical demands of either a permanent resident or the holiday rental market. This house serves the buyer seeking a low-maintenance coastal base with inherent income flexibility, positioned among quality homes. Your next step is to commission a bushfire attack level assessment to quantify the risk and cost, turning the primary uncertainty into a manageable due diligence item. The property itself sold for $710,000 in January 2025 prior to its internal renovation. This recent sale provides a credible baseline, suggesting the current asking price reflects a premium for the completed works and the strong market conditions for well-located coastal homes.