10 Pensacola Court, Broadbeach Waters QLD 4218
10 Pensacola Court, Broadbeach Waters QLD 4218
Single-level waterfront | 18m canal frontage with pontoon | Self-contained flat | Broadbeach school catchment
This property offers a rare configuration for a canal-front home at this price point: a single-level layout, a separate self-contained flat, and direct pontoon access to the main river within 100 metres. For a buyer seeking multi-generational living, a guest wing, or rental income from the flat, the floorplan provides genuine flexibility that most competing waterfront houses lack. The location in the Broadbeach Waters canal estate, within walking distance of Pacific Fair and the beach, serves families and downsizers who want low-maintenance living without compromising on water access or amenity.
The primary risk is the 1977 build date, which may require near-term updates to the kitchen, bathrooms, or roofing,budget accordingly. The flood overlay is standard for canal properties and does not materially affect insurability or resale, but a flood report is recommended before offer. The land size is efficient at 551mยฒ, meaning limited scope for major extension; the value lies in the existing configuration and position. For a buyer, this property works best as a hold-and-enjoy home with optional rental income from the flat, or as a repositioning play if the interior is refreshed within the first two years.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 10 Pensacola Court, Broadbeach Waters QLD 4218
Market Insight:
Broadbeach Waters is an exclusive Gold Coast canal suburb positioned for affluent buyers seeking a premium waterfront lifestyle. Demand is driven by professionals and established high-income households drawn to its private jetties, boating access, and proximity to Oasis Shopping Centre and Pacific Fair. The median house price, between $1.835M and $2.575M, has seen strong annual growth of 9.6% to 14.88%, reflecting a tight, high-value market. Future growth is anchored in its limited luxury stock and central infrastructure, though high entry prices and low rental yields around 2.53% for houses present affordability and cash flow constraints.