8 Rannock Avenue, Benowa QLD 4217

Luxury waterfront Hamptons | 2023 new-build | 829m² skyline views | 65% building coverage | Flood overlay present This property presents a rare, high-specification offering in Benowa Waters, combining a new 2023 construction with a substantial 829m² waterfront parcel. Its 541m² Hampton-style build, dual-level living, and premium entertainer features position it uniquely above typical suburb stock, serving a buyer seeking immediate luxury without compromise. The configuration supports a large family or an owner prioritizing expansive indoor-outdoor living and views. The primary decision point is the flood overlay, which imposes insurance costs and potential future resale friction, offset by the property’s elevation. Its recent 2024 sale suggests a motivated vendor, creating a negotiation opportunity. Acquire for long-term ownership to amortize the premium paid for new-build finish and view; it is not a short-hold property given the substantial land component and market positioning. Recent comparable sales context: – This property itself sold for $3,550,000 in October 2024. – Nearby sales at 10 Sage Court, Runaway Bay and 13 Lakeside Avenue, Broadbeach Waters noted, but without price disclosure. The 2024 sale price establishes a recent benchmark, indicating the market’s premium for this specific combination of new luxury and waterfront. The current listing suggests an expectation of capital growth in a short period.