Turn-key build from approx. $1.2M - 1.455M*
Flat, Freehold & Ready to Build Your Bayside Future Starts Here
LISTING DESCRIPTION
A rare opportunity to secure a flat, services-connected block of land in one of Brisbane's most tightly held bayside suburbs and bring your dream home to life exactly as you envision it.
Positioned in the heart of Wynnum West, this 407m allotment sits moments from the sparkling waters of Moreton Bay, the lush fairways of Wynnum Golf Club, and the vibrant village atmosphere of Wynnum Central. Flat, ready to build on, and free from restrictive covenants this is your blank canvas in a suburb that continues to attract strong demand and long-term capital growth.
To make your decision even easier, we've done the groundwork. A completed design and estimated build quote through Coral Homes is available upon enquiry giving you a clear pathway to a brand-new, four-bedroom family home from approximately $1.2M - $1.455M all-in.*
Whether you're an owner occupier ready to build your forever home, a first home buyer looking to maximise your government incentives, or an investor seeking maximum depreciation benefits from a brand-new asset this opportunity ticks every box.
CORAL HOMES SACRAMENTO DESIGN (available upon enquiry)
- 4 Bedrooms | 232m home design
- Estimated build: approx. $540,000 (plus landscaping & outdoor works) for two level home
- Indicative total from approx. $1.455M (land + build)*
- Detailed design plan and Coral Homes build estimate available upon enquiry
Please note: This is not a house and land package. The land is sold separately and buyers arrange their build independently with Coral Homes or a builder of their choosing. Much of the planning work has already been completed making this an exceptionally smooth pathway to a brand-new home.
WHY BUILD NEW? GOVERNMENT INCENTIVES & FINANCIAL BENEFITS
First Home Owner Grant (QLD) $30,000 & 5% deposit
Eligible first home buyers constructing a new home may receive a $30,000 cash grant from the Queensland Government. Speak to your broker or the QLD Office of State Revenue to confirm eligibility.
Stamp Duty Concessions on New Builds
Owner occupiers building new may pay significantly reduced or no stamp duty on the home component potentially saving tens of thousands compared to purchasing an established property.
Investor Depreciation Benefits
Brand new construction attracts maximum tax depreciation deductions under Division 40 (plant & equipment) and Division 43 (building allowance), significantly improving after-tax cash flow. Speak to your accountant or a qualified quantity surveyor.
No GST on Land
As a private land sale, no GST applies to the land component unlike many developer house and land packages.
Build Exactly What You Want
Choose your finishes, layout, and landscaping. No compromises, no renovation costs, no hidden surprises.
PROPERTY HIGHLIGHTS
- 407m flat allotment no slope, no fill required
- All services connected (water, sewer, NBN)
- No building covenants complete design freedom
- Complete Sacramento design & Coral Homes estimate ready
- 4 bedroom, 232m home design to suit the block
- Indicative turn-key from approx. $1.45M*
- Suits owner occupiers, first home buyers & investors
- Tightly held suburb with strong long-term growth credentials
LOCATION
- Steps to Primrose Park & Wynnum Golf Club (1km)
- 4 minutes to Wynnum waterfront & esplanade
- 650m to Wynnum State School
- 1.7km to Iona College
- 800m to Wynnum North train station
- 16 minutes to Brisbane Airport
- Approx. 30 minutes to Brisbane CBD
- Easy access to the Gateway Motorway & Port of Brisbane
CONTACT
Tony Eid Principal Agent - 0422 291 211
Eid Property Pty Ltd
Licensed Real Estate Agent Queensland
DISCLAIMER
Eid Property Pty Ltd has prepared this advertisement in good faith using information sourced from the vendor and third parties believed to be reliable. Eid Property Pty Ltd does not guarantee the accuracy, completeness, or currency of this information and accepts no liability for any loss or damage arising from reliance upon it. Prospective purchasers must make and rely on their own enquiries, inspections, and independent professional advice (including legal, financial, and building advice) prior to entering into any contract.
*Approximate build cost based on the Sacramento design by Coral Homes at 232m. The indicative total of ~$1.45M comprises land (offers over $915,000) plus an estimated build cost of approximately $540,000. Landscaping and outdoor works are additional and not included in this figure. This is not a house and land package the land is sold separately and buyers are responsible for arranging their own build contract with Coral Homes or any other builder of their choosing. Build costs are estimates only and may vary.
Government incentive information (First Home Owner Grant, stamp duty concessions, and depreciation benefits) is provided as general information only and does not constitute financial, taxation, or legal advice. Eligibility criteria apply. Prospective purchasers should confirm current eligibility with the Queensland Office of State Revenue, their accountant, or a qualified financial adviser.
The size of Wynnum West is approximately 5.8 square kilometres. There are 33 parks, covering nearly 10.6% of the total area. The population of Wynnum West in 2016 was 12292 people. By 2021 the population was 12790 showing a population growth of 4.0% in the area during that time. The predominant age group in Wynnum West is 30-39 years. Households in Wynnum West are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wynnum West work in a professional occupation.In 2021, 63.90% of the homes in Wynnum West were owner-occupied compared with 60.60% in 2016.
Wynnum West has 5,647 properties. Over the last 5 years, Houses in Wynnum West have seen a 96.31% increase in median value, while Units have seen a 142.18% increase. As at 31 May 2026:
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