8 Crozet Court, Burleigh Waters QLD 4220
8 Crozet Court, Burleigh Waters QLD 4220
Waterfront dual-living potential | Rare 900m² block in Burleigh Cove | Flood overlay present | Premium resort-style positioning
This property occupies a rare position in Burleigh Cove, offering a full 900m² waterfront lot with dual-living capability that few competing listings match. The 467m² building footprint with inground pool and solar panels means a buyer acquires an essentially finished residence with immediate rental income potential of $140,000–$150,000 annually. The configuration serves families seeking separation of living zones or investors targeting the high-end holiday market. The school catchment for Burleigh Heads State School and Miami State High School adds family buyer appeal. The five-car accommodation and outdoor living areas strengthen its position against nearby comparables like 8 Seychelles Court, which sold at a lower price point on a smaller block.
The detected flood overlay represents the primary risk, requiring verification with Gold Coast City Council for insurance implications and buyer sentiment. This overlay may reduce the pool of willing purchasers, potentially creating negotiating leverage for a buyer comfortable with the risk profile. The property has been on market only seven days, indicating limited price adjustment opportunity at this stage. The dual-living feature, however, provides flexibility to offset holding costs through rental income if the sale period extends. The 2020 purchase price is not disclosed, but the current $3.7 million list sits above the estimated value of $3.639 million, suggesting room for negotiation.
Detailed Independent Property Report prepared by PropCred Analyst team for 8 Crozet Court, Burleigh Waters QLD 4220
Checks found:
Value Risk
✓
Liquidity Risk
✕
2
Planning Risk
!
1
Income Risk
✕
2
Execution Risk
✕
2
Market Insight
Burleigh Waters is an established, family-oriented suburb positioned as a more accessible entry point to the coveted Burleigh Heads lifestyle. Demand is driven by families seeking quality schools, proximity to beaches and village amenities, and a mix of canal and regular housing. The market exhibits strong capital growth and consistent rental demand, though high price points and a constrained supply pipeline present affordability and availability challenges for future buyers.
PropCred Estimated Value
Bedrooms
6
Bathroom
4
Parking
5
Land
900m²
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