10 Waters Edge Drive, Craignish QLD 4655

Beachside new build | 2030m² lot | pool & 5-car garage | bushfire overlay present This property offers a rare combination of a near-new house on a genuinely large lot within walking distance of the beach, which is uncommon in this part of the Fraser Coast. The 2030m² block, low 11% building coverage, and five-car garage give a buyer positional leverage: you acquire a modern, low-maintenance home with immediate lifestyle amenity, while holding land that is increasingly scarce in this developing street. The pool, reliable NBN, and school catchment to Yarrilee and Hervey Bay State High make it suited to a family or a buyer wanting a coastal base with room for vehicles, storage, or future subdivision potential. The bushfire overlay is the primary risk, likely increasing insurance premiums and requiring a hazard assessment for any future development, which should be costed before purchase. No flood or heritage constraints reduce complexity, and the street’s concentration of quality new builds supports ongoing demand. With strong capital growth from $595k in 2020 to an estimated $1.28m, the buyer is paying for established value rather than speculation. Hold this as a long-term coastal residence or a land bank with immediate rental income at around $900 per week.