21 Esplanade South, Donnybrook QLD 4510

Waterfront position | 3 bed, 3 bath, 3 car | Flood overlay flagged | Holiday-style living on 668m² This property’s primary buying case rests on its waterfront positioning and the rare configuration of three bathrooms with a rumpus room on a fully fenced 668m² block. For a buyer seeking a lifestyle property that also functions for guests or multi-generational use, the layout is a distinct advantage. The pool and secure parking for three cars further strengthen its appeal as a self-contained retreat, which tends to hold value well in coastal pockets like Donnybrook where holiday-style homes are in consistent demand. The flood overlay is the material risk here, it will affect insurance premiums and may limit some lender appetite, so buyers should factor that into holding costs and exit strategy. That said, the property’s position on the foreshore with a waterfront outlook is a scarcity driver that typically outperforms flood-affected comparables over time. For a buyer who can absorb the insurance cost and hold medium term, this property offers a defensible lifestyle position with strong rental potential around $880 per week. Use it as a permanent home or a high-yield holiday let, but do not overpay given the flood overlay.