5/36-38 Old Smithfield Road, Freshwater QLD 4870

risk of mixed floor-area data | build date uncertainty | status conflict sold/unsold | rental yield may not cover holding costs The core risk is the data conflict around floor area, build year, and sale status—each discrepancy can affect valuation and financing. The 62-74m² range creates ambiguity for lenders and buyers comparing price per square metre. The rental estimate of $490–$550 weekly suggests a gross yield near 5.7% at the mid-price guide, but actual returns depend on tenancy history and current state. Given the ground-floor layout, private courtyard, and school proximity, this unit suits downsizers or first home buyers seeking low-maintenance living, not aggressive capital growth. Hold for steady occupancy, not flipping. What makes this property competitive is the combination of ground-floor access and a private courtyard in a sought-after Freshwater location—rare in older complexes where upstairs units dominate. The concrete block construction and tiled floors reduce ongoing maintenance, while the main bedroom air conditioning and step-in shower add practical appeal. This unit works best for an owner-occupier who values walkability to school and shops over future renovation profit. The missing sales history since 2003 and variable build dates mean your due diligence should focus on the body corporate records and a building inspection to confirm structure and strata health—book a site visit to verify the actual floor space and confirm with the agent the listing status before making an offer.