140 Paradise Parade, Jacobs Well QLD 4208

Flood overlay required | coastal concession costs | premium paid for pontoon | demand relies on buyer type The flood assessment requirement introduces a measurable cost and timeline risk, as lenders may impose higher insurance premiums or slower approval on a property already priced at a premium for waterfront access. The 16.5 metre waterfrontage and pontoon are rare in this price bracket and support long-term capital stability, but the property’s appeal narrows to buyers who prioritise direct water access over land-based amenity. Hold it as a lifestyle retreat, not a speculative flip; the market for this configuration is thin but committed. The Coastal Hamptons design, in-ground pool, and side access make this house competitive against newer builds in Calypso Bay, where floor area between 314 and 403 square metres is uncommon for a single lot. The built-in robes, rumpus room, and ducted heating and cooling reduce renovation needs for a family seeking turnkey waterfront living. This property best serves a buyer who understands that the flood overlay and location constraints are manageable through proper due diligence, not deal-breakers for the right user. One comparable sale in the estate from September 2024 at a similar floor area and waterfrontage suggests a narrow gap between transaction price and current list value, reinforcing that negotiation is possible but not deep. Proceed only with a flood risk engineer and a lender pre-approval that accounts for the assessment requirement.