124 East Coast Road, Point Lookout QLD 4183

Point Lookout coastal lot | 607m² land | no flood risk | two car spaces This property presents a strong coastal landholding on a substantial block in a tightly held suburb, with its primary value derived from its size and position. The absence of noted flood risk is a significant advantage for long-term security and insurance costs. It serves a buyer seeking a permanent residence or a holiday home with space and stability, capitalising on the inherent scarcity of developable land in established beachside locations. The decision hinges on the premium for land size without detailed building information, which introduces valuation risk. Proceed only with a thorough building and pest inspection to assess construction quality and potential renovation costs. This property is best held for long-term capital growth, leveraging its land component in a suburb with constrained supply, rather than for immediate high rental yield.