25 Castaway Court, Banksia Beach QLD 4507

Quiet court positioning | 1058m² with tennis court | Flood overlay present | Fibre-to-the-node | Off-market comparable at $1.68M This property’s competitive edge lies in its rare combination of a 1058m² lot, tennis court, and study,features uncommon in Banksia Beach’s newer subdivisions. The 21% site coverage leaves room for future extension or landscaping, and the built-in robes and deck add practical appeal. It best suits a family seeking space and recreational amenity without leaving the suburb, or a buyer looking to hold land with expansion potential in a quiet court setting. The flood overlay is the primary risk: it may affect insurance premiums and resale pool depth, though the medium-risk rating and balance flood planning area classification suggest manageable exposure. The property’s current listing status and minimal marketing indicate possible negotiation room. Commercial logic supports purchasing at or below the lower valuation bound, then holding for land appreciation or adding value through a second storey. Use this property as a long-term family home or a land bank in a constrained market.