30 Johns Road, Koolewong NSW 2256

Rare vacant land | Irreplaceable water views | Blank canvas build | Auction guide below estimated value This property presents a rare opportunity to secure a substantial, north-east facing waterfront parcel in a sought-after location, a profile nearly absent in the established Koolewong market. Its primary value is as a blank canvas for a custom build capitalising on permanent views over Brisbane Waters, serving a buyer seeking a principal residence with a specific vision. The connected services eliminate a key development hurdle, positioning it for a faster transition from land to home compared to raw lots. The material risk is the auction guide being significantly disconnected from both the last sale price and current market estimates, indicating either a motivated vendor or a pricing strategy to incite competition; proceed with a disciplined maximum bid based on a completed valuation. The commercial logic is securing a scarce land holding in a finite waterfront precinct, with the judgment call to hold for long-term capital growth or develop for personal use, as rental yield is not a relevant metric for a vacant parcel.