64 Cove Boulevard, River Heads QLD 4655

Undervalued coastal lifestyle | Unusual dual-living flexibility | Oversized shed may not suit all buyers | Remote location demands car dependency This property demands a decision on whether its uncommon dual-living configuration and substantial outbuildings justify its premium over a standard coastal home. The separate downstairs suite with kitchenette and the massive shed create genuine income or multigenerational potential, but this flexibility comes at a cost to conventional floorplan appeal. The absence of bushfire, flood, or heritage overlays removes common coastal purchase risks, which strengthens its hold value. For a buyer, this is not a passive weekend retreat; it is an active lifestyle property that requires engagement with its productive gardens and maintenance obligations. What makes this property competitively rare is the 2,378 m² fully fenced block with electric gate access, established fruit trees, and dual water systems—a combination almost impossible to replicate near Hervey Bay’s coastal strip at this price point. The 6-star energy rating with solar panels and town water backup lowers long-term holding costs, which directly improves the buyer’s financial position versus older coastal stock. This property serves best the buyer who prioritises self-sufficiency, workshop space, and immediate access to the river over proximity to Hervey Bay’s central dining and retail. The next step is to personally inspect the shed’s hoist capability and the downstairs suite’s privacy to verify this property’s true value as a hybrid home-workshop proposition. The comparable data shows recent sales for similar-sized coastal blocks without dual-living or shed infrastructure transacted between $850,000 and $950,000. The premium here reflects tangible, income-supporting additions that outperform standard coastal land value alone.