12 Mckie Cres, Cannon Hill QLD 4170

12 Mckie Cres, Cannon Hill QLD 4170
Vacant corner lot | Golf course estate | 772m² flat land | Prime build position This property presents a rare opportunity to secure a large, flat parcel in a completed, prestigious golf course estate—a segment with inherently limited supply. Its corner position and absence of structural constraints offer maximum design flexibility for a custom home, squarely targeting the owner-occupier seeking a lifestyle purchase in a established community. The combination of reliable infrastructure and sought-after school catchments underpins its fundamental desirability. The primary decision hinges on committing capital to land without immediate income, weighing the cost of holding against the premium achievable from a bespoke build. Proceed only with a clear build timeline and budget, as the value is realized solely through development. This property is a strategic land bank for a purchaser intending to occupy, not a passive investment; its utility is in its potential, not its present state.
Detailed Independent Property Report prepared  by PropCred Analyst team for 12 Mckie Cres, Cannon Hill QLD 4170
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Market Insight:

Cannon Hill offers a balanced market with divergent trends: house prices have softened (-2% to +10%), while units have surged over 13% annually. Demand is driven by its proximity to Brisbane CBD and strong rental appeal, particularly for units which offer higher yields (3.9%-5.03%). The market is active, with houses selling in 23-57 days. Future growth is underpinned by infrastructure improvements and revitalisation projects, though the house market’s recent volatility warrants attention.
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PropCred Estimated Value

Bedrooms

-

Bathroom

-

Parking

-

Land

772m²

Assessments Delivered Today

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