55 Westminster Boulevard, Elanora QLD 4221

Large acreage in core suburb | Dual-living income potential | Oversized 6-bed family configuration | Rare level block with pool This property’s primary strength is its scarcity: a level 1.28-acre parcel with dual-living flexibility in a suburb dominated by standard suburban lots. The six-bedroom home serves the large or multi-generational family, while the separate entrance and garage create a clear rental income stream or guest suite, strengthening its financial position against typical holdings. Its maintained resort-style pool and established grounds offer immediate lifestyle utility without renovation cost. The decision hinges on managing its scale and the bushfire overlay, which imposes ongoing compliance costs. The commercial logic is to utilize the dual living to subsidize the holding, targeting the high-end rental range. This is a long-term family hold, not a short-term trade; its value accrual will be tied to land scarcity, not speculative development. Recent sales confirm the premium for larger configurations, though this property’s significant land size places it in a unique category. Recent sales on Westminster Boulevard demonstrate consistent demand: – 34 Westminster Blvd: $1,800,000 for 4 beds, 3 baths, 5 cars (3-year hold) – 48 Westminster Blvd: $1,600,000 for 4 beds, 3 baths, 2 cars (11-year hold) – 50 Westminster Blvd: $1,275,000 for 3 beds, 2 baths, 6 cars (9-year hold) These comparables, all on smaller lots with fewer bedrooms, establish a strong value floor and illustrate the suburb’s growth trajectory. This subject property, with double the land and a six-bedroom dual-living layout, commands a significant premium above these figures, justified by its rarity and functional advantage.