SOLD BY JASMINE CORRICK - 0409357337
Some investment properties make sense on paper. This one makes sense in real life.
Set in tightly held Point Vernon, just a 5-minute walk to the waterfront and directly opposite the new Baylinks Estate, 51 Martin Street is the kind of property that gives you more than just a rental return. It gives you a location tenants will love, land content buyers will always value and a coastal setting that helps protect long-term demand. The home sits on a 750m² block and offers 4 bedrooms, 2 bathrooms and flexible living space in one of Hervey Bay's most consistently desirable seaside pockets.
For the investor, the appeal is immediate. The current owner wants to rent the property back, creating the opportunity for income from day one, subject to lease terms and standard checks. That kind of head start is gold. No scrambling for a tenant. No awkward vacancy period. Just a smoother transition from settlement to return.
The home itself has the ingredients that keep tenants comfortable and leases sticky. Four bedrooms plus an auxiliary room give flexibility for families, guests, work-from-home setups or extra storage. Open-plan living, an ensuite, secure fencing, side access and a practical low-maintenance layout all add up to a property that is easy to live in and easy to rent. This is the sort of home that quietly does its job while you get on with life.
Outside, the 750m² level block adds another layer of value. There is room for the boat, caravan or trailer, an enclosed entertaining area that works beautifully as a sunroom or multi-purpose space, plus established gardens, a garden shed and water tank already in place. In a coastal market, that combination of usable land, practicality and location is always going to attract attention.
And then there is Point Vernon itself. Buyers and tenants are drawn here for the waterfront lifestyle, sea breezes, boat ramp access and relaxed community feel. It is the kind of suburb people settle into and stay in, which is exactly what you want when you are buying for both performance now and upside later.
KEY FEATURES:
- 4 bedrooms
- 2 bathrooms including ensuite
- Auxiliary room for flexibility
- Open-plan living
- Enclosed entertaining area or sunroom
- Secure, fully fenced yard
- Side access for boat, caravan or trailer
- Level 750m² block
- Established gardens
- Garden shed
- Water tank
- Current owner willing to rent back, subject to lease terms and standard checks
- 5-minute walk to the waterfront
- Positioned directly opposite the new Baylinks Estate
PROXIMITY:
- 2 mins to Point Vernon waterfront / closest beach.
- 4 mins to Gatakers Bay Boat Ramp.
- 10 mins to Stockland Hervey Bay.
- 11 mins to Hervey Bay Hospital.
- 13 mins to St Stephen's Hospital.
- 11 mins to Yarrilee State School.
- 12 mins to Hervey Bay State High School.
- 20 mins to Urangan Pier.
- 21 mins to Hervey Bay Airport.
- 1 hr 35 mins to Bundaberg.
- 3 hrs 30 mins to Brisbane.
FAQs:
Bedrooms: 4
Bathrooms: 2
Land Size: 750m²
Building Size: 141m² internally
Build Year: 2009
Parking: Side access and outdoor parking flexibility
Rent-Back Option: Yes, subject to lease terms and standard checks
SUBURB HIGHLIGHTS:
Point Vernon is one of those suburbs that keeps its appeal because it offers something people never tire of, water, breeze and breathing room. With foreshore walks, boating access, established homes and a laid-back coastal atmosphere, it attracts both long-term owner occupiers and tenants who want more than just a roof over their head. Add in close access to shops, schools, hospitals and the airport, and it is easy to see why Point Vernon remains so tightly held.
Investment opportunities in coastal pockets like this are the ones that make sense now and look even smarter later.
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