398 Anderson Way, Agnes Water QLD 4677

Elevated coastal views | Pre-cleared building pads | Power connected | Scarce vacant land in estate | Minutes to amenities This property represents a rare opportunity to secure a prepared, elevated parcel in a coastal estate where vacant land is becoming scarce. The pre-cleared and benched building sites, connected power, and vehicle access significantly reduce holding costs and construction lead times, positioning it efficiently for an owner-builder seeking a custom home with views. It serves a buyer looking to capitalise on the underlying land value in a location where developed properties command a substantial premium. The primary risk is the capital outlay for land without immediate income, requiring secure financing for the subsequent build. The opportunity lies in constructing a property that can capture value well above the combined land and build cost, as evidenced by nearby sales. This is a strategic land bank for a patient buyer; proceed only with a clear construction plan and budget to realise its potential. Recent sales on Anderson Way demonstrate the value uplift from development: – 340 Anderson Way: $1,280,000 – 113 Anderson Way: $927,000 – 103 Anderson Way: $840,000 These figures for built properties confirm the area’s premium and provide a clear benchmark for the potential end-value of a completed home on the subject land, justifying the land investment.