27 Marina Qy, Trinity Park QLD 4879

Waterfront vacant land | Bluewater Harbour estate | tightly held | harbourfront pontoon access This property is a rare offering of vacant, waterfront land within Cairns’ only harbourfront estate, a tightly held location where new listings are scarce. Its 800m² lot provides a premium canvas for a custom waterfront home with direct pontoon access, serving a buyer seeking a permanent lifestyle position or a low-maintenance investment in a high-amenity precinct. The primary appeal is the irreplaceable land component in a mature estate where consolidation of such parcels is increasingly difficult. The decision hinges on paying a current premium for land, with valuations showing significant dispersion from $910k to over $1.3m, against its 2020 sale of $730k. The commercial opportunity exists in potentially acquiring the adjoining block to create a dominant 1,600m² holding, though this requires immediate capital. Given the scarcity, this property is a hold for a patient buyer who will build to capture the full waterfront premium, not a short-term trade. Recent comparable sale: – 27 Marina Quay: Sold for $730,000 in October 2020 as vacant land. This 73% increase in the land’s nominal value over the period underscores the strong demand and capital growth potential for premium waterfront positions in this estate, though it also sets a high entry point.