{"Slug":"house-5-banksia-street-point-vernon-qld-4655-3","CanonicalUrl":"https://realsearch.com.au/house-5-banksia-street-point-vernon-qld-4655-3","Address":"5 Banksia Street, Point Vernon, Qld 4655","Suburb":"Point Vernon","State":"QLD","Postcode":"4655","PropertyType":"House","Status":"Sold","Headline":null,"Description":"Positioned just moments from the Esplanade in the highly sought-after seaside suburb of Point Vernon, this charming property offers an exceptional opportunity to secure a large coastal block with immediate income and future potential. Set on a generous 908m² block with side access, the property features a solid 135m2 2-bedroom brick home that has benefited from recent updates, creating a comfortable and low-maintenance residence close to the water.Inside, the home offers a light-filled open plan living and dining area with air-conditioning, a recently renovated kitchen and laundry, and two spacious bedrooms complete with built-in wardrobes. New window furnishings, updated lighting, and modern improvements add to the home's overall appeal.Adding further versatility is the renovated and air-conditioned 44m2 rear retreat, providing the perfect space for a studio, home office, guest accommodation, or additional living area. The property is currently tenanted on a periodic basis at $590 per week, making it an attractive option for investors seeking immediate rental income while securing a well-positioned coastal asset. The renewal rent appraisal guidance is $650-$680 per week.With Esplanade views, generous land size, and close proximity to the waterfront, properties in this location are tightly held and increasingly sought after. Property Highlights - Solid 2-bedroom brick home with built-in wardrobes - Renovated kitchen and laundry - Open plan lounge and dining with air-conditioning - New window furnishings throughout - Updated lighting and electrical improvements - Renovated and air-conditioned rear retreat/studio - Large 908m² block with side access - Steps from the Esplanade with water views - Currently leased periodically at $590 per week - Potential to increase rent at lease renewal to $650-$680 per weekWhether you're looking for a coastal investment, land bank opportunity, or future lifestyle property, this is a rare chance to secure a prime position in Point Vernon. Contact Selling Agent Shane Bradbury from Active Agents today for further information.DISCLAIMER: All information provided has been compiled with care, but relies on third-party sources and is not guaranteed. Active Agents makes no warranty as to its accuracy or completeness. Property boundaries shown are indicative only-refer to official survey plans for precise details. Images are for illustrative purposes. Buyers are advised to conduct their own investigations and seek independent advice.","YearBuilt":null,"LandArea":null,"Price":{"Currency":"AUD","Amount":810000.00,"Display":"$810,000"},"Bedrooms":"2","Bathrooms":"2","Parking":"2","Features":[{"Name":"Bedrooms","Value":"2"},{"Name":"Bathrooms","Value":"2"},{"Name":"Carports","Value":"2"},{"Name":"Area","Value":"908 m²"},{"Name":"House Size","Value":"135 m²"}],"Inspections":[],"Auctions":[],"TimeZone":"AUS Eastern Standard Time","Latitude":-25.26264289,"Longitude":152.8253767,"Agent":{"Name":"Shane Bradbury","CanonicalUrl":"https://realsearch.com.au/agent/shane-bradbury"},"Agency":{"Name":"Active Agents Hervey Bay - KAWUNGAN","CanonicalUrl":"https://realsearch.com.au/agency/active-agents-hervey-bay-kawungan"},"CreatedAt":"2026-08-01T08:22:21.7719985","UpdatedAt":"2026-09-24T11:48:25.6166667"}