Reliable large investment offering

In a location recognised for its strong annual compound growth, minutes from the waterfront and central Redcliffe, is this enormous property offering. Spanning two titles, totalling 1,270sq m, this is a rare opportunity to secure an unusual and exciting multi-stream investment in General Residential development zoning.

The complex in its entirety includes five flats, all of which are currently rented by long-term reliable tenants. Two units have been beautifully renovated, while the remaining three units are in their original condition. Each unit has one covered carport attached, and three have separate laundry facilities.

Flat 1

+ Two bedrooms with a fully renovated bathroom and kitchen, front of complex
+ Open-plan living, kitchen and dining with contemporary fittings and fixtures
+ Air-conditioning, ceiling fans, tiled flooring, double wardrobes, internal laundry

Flat 2

+ Two bedrooms, one bathroom with a shower
+ Open-plan living, kitchen and dining with original fittings and fixtures
+ Private balcony, internal laundry

Unit 3

+ Two bedrooms, one bathroom with a shower
+ Open-plan living, kitchen and dining

Unit 4

+ Two bedrooms, one bathroom with a shower
+ Open-plan living, kitchen and dining with original fittings and fixtures

Unit 5

+ Two bedrooms with a renovated bathroom, rear of complex
+ Renovated open-plan living, kitchen, and dining with contemporary features and finishes
+ Air-conditioning, ceiling fans, hardwood flooring, double wardrobes

This prime investment opportunity in a large growth area offers but is not limited to:

+ Strong 1,270sq m investment opportunity across two titles, exciting growth region
+ Five flats, all with a solid tenancy record, each with a covered carport, returning approximately $105,000 per annum
+ Two of the five units, at the front and rear, have been renovated
+ 1.3km to Clontarf Beach and Redcliffe Golf Course, 22 minutes to BNE Airport
+ Eight minutes to Redcliffe Hospital, waterfront markets and the iconic Redcliffe Jetty

*Disclaimer - We have made our best endeavours to provide accurate information. We accept no responsibility for any errors or admissions. Buyers are encouraged to do their own research.

Explore the area

School catchments

Clontarf Beach State School Primary Prep-6 Government 0.22km
Clontarf Beach State High School Secondary 7-12 Government 0.85km
Grace Lutheran Primary School Primary Prep-6 Independent 0.88km
Southern Cross Catholic College - Woody Point Campus Primary Catholic 1.7km
Kippa-Ring State School Primary Prep-6 Government 2.4km
Humpybong State School Primary Prep-6 Government 2.8km
Hercules Road State School Primary Prep-6 Government 3.4km
Edu Space Redcliffe Secondary 7-10 Independent 3.6km
Southern Cross Catholic College - Kippa-Ring Campus Primary Catholic 3.8km
Mango Hill State Secondary College Secondary 7-12 Government 4.0km
Redcliffe State High School Secondary 7-12 Government 4.2km
Grace Lutheran College Secondary 7-12 Independent 4.5km
Mueller College Combined Prep-12 Independent 4.8km
Mango Hill State School Primary Prep-6 Government 4.8km
Scarborough State School Primary Prep-6 Government 4.9km
St Benedict's Primary School Primary Prep-6 Catholic 5.3km
St Kieran's School Primary Prep-6 Catholic 5.4km
St Benedict's College Secondary 7-12 Catholic 5.5km
Brighton State School Primary Prep-6 Government 5.6km
Griffin State School Primary Prep-6 Government 5.7km
North Lakes State College Combined Prep-12 Government 5.8km
Australian Trade College North Brisbane Secondary 11-12 Independent 5.9km
Southern Cross Catholic College Combined Prep-12 Catholic 5.9km
The Lakes College Combined Prep-12 Independent 6.1km
Bracken Ridge State High School Secondary 7-12 Government 7.2km
Murrumba State Secondary College Secondary 7-12 Government 7.3km
Deception Bay State High School Secondary 7-12 Government 7.6km
St John Fisher College Secondary 7-12 Catholic 7.9km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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