74 Frogmouth Lane Lake Macdonald QLD 4563

Historic Queenslander on 15.27 hectares | 5 bedrooms, 3 bathrooms, pool, cottage | Rare permanent creek with platypus | Noosa hinterland privacy minutes from town. This property’s competitive strength lies in its combination of a fully restored, relocated circa-1910 Queenslander with a secondary cottage on a single, substantial 37.7-acre lot—a configuration almost unavailable in the Noosa hinterland. The land is productive, with three dams, irrigation, and a permanent creek, offering genuine rural utility alongside a high-specification residence with Italian marble kitchen, multiple living zones, and a magnesium pool. For a buyer seeking a private family estate with income potential from the cottage, or a long-term land bank within commuting distance of Noosa, this property provides a rare, turnkey position. The primary risk is the property’s bushfire and flood overlays, which may increase insurance costs and limit some future subdivision potential, though the existing house sits well above the creek. The 2025 sale at $7.25 million versus the current estimated value of $8.29 million suggests the market has already priced in some of these constraints, but a buyer should verify building and land insurance quotes before proceeding. The opportunity is to hold for capital appreciation as large, improved lots in this corridor become scarcer, or to generate passive income from the cottage. Use this property as a long-term family compound or lifestyle asset with a clear exit via private sale to a similar buyer.