23 Piermont Place, Cleveland QLD 4163

Prime Raby Bay waterfront | 40m frontage | sweeping bay views | infinity pool | off-market opportunity This property’s competitive edge is its rare 40-metre street frontage on a prestigious Raby Bay street, offering sweeping bay views across a wide basin. The low-set design with raked ceilings and multiple living zones flowing to a large covered patio with electric blinds creates a seamless indoor-outdoor living experience, ideal for entertaining. The infinity-edge saltwater pool and built-in BBQ enhance the waterfront lifestyle. This house serves best a buyer seeking a premium, move-in-ready residence with strong positional scarcity and a tranquil outlook. The primary risk is the flood overlay, which may affect insurance costs and future resale appeal, though no bushfire or heritage overlays are present. The 2015 purchase price of $1.3 million indicates significant land value appreciation, but current estimates around $3.15 million require careful market comparables to avoid overpaying. The off-market status offers negotiation leverage. For a buyer, this property should be held as a long-term waterfront home, capitalising on the unique frontage and views rather than short-term flipping.