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Overview
Situated in a coveted waterfront location in Victoria Point, this sizable 1,199sqm property provides an exceptional development opportunity under the Medium Density Residential (MDR) zoning. The generous landholding allows scope for a variety of projects including townhouses, multiple dwellings, dual occupancy, or subdivision, appealing to developers, investors, or buyers seeking a substantial waterfront retreat.
The property's waterfront position offers lifestyle appeal, with the chance to design a bespoke home that capitalizes on stunning views and refreshing bay breezes, creating a serene sanctuary. Its location in a highly sought-after pocket enhances the potential for both immediate development or long-term land banking.
With all development and subdivision projects requiring council approval, prospective purchasers are advised to conduct thorough due diligence. This unique parcel presents a rare combination of size, location, and zoning that invites creative exploration and strategic opportunity.
Local Market Insights
In Victoria Point, Quiet Listings observed 65 new houses entering the market over the last 30 days, down from 93 during the previous 30-day period, with an average advertised asking price of $1,239,892. The property type mix of listed properties is predominantly Houses at 75%, followed by commercial properties (9%), and townhouses (7%). Remax was the most active agency in this area, representing 21.5% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Victoria Point QLD 4165