Multi-tenant bayside investment

A smart investment decision, located in an appealing bayside suburb with direct access to beaches and waterfront attractions. This block of four units, all currently tenanted, is located on a large 911sq m parcel of land where there's strong potential for capital growth given the demand for coastal living.

All units offer a two-bedroom, one-bathroom configuration in a similar practical layout with an external laundry in the carport. There's also hardwood flooring, an air-conditioned living area, and an open-plan kitchen/dining.

Earn rental income immediately, with lower risk due to the diversification. Leave as is or improve to value-add. Perfectly suited for savvy investors, this low-maintenance property offers but is not limited to:

+ Reliable cash flow from established tenants across all four units
+ Secure long-term investment with exciting growth potential
+ 911sq m property within 1.5km of the waterfront, in-demand suburb
+ Four flats, all with a solid tenancy record, each with a covered carport, returning approximately $74,360 per annum
+ Future development potential re: renovation, rental increase, subdivision (STCA)
+ Minutes from Margate Beach and Southern Cross Catholic College
+ Close to public transport, cafes, shops and popular parks
+ Approximately 35 minutes by car to Brisbane's CBD, 25 minutes to BNE Airport

*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.

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School catchments

Southern Cross Catholic College - Woody Point Campus Primary Catholic 0.32km
Clontarf Beach State High School Secondary 7-12 Government 0.76km
Grace Lutheran Primary School Primary Prep-6 Independent 1.0km
Humpybong State School Primary Prep-6 Government 1.2km
Clontarf Beach State School Primary Prep-6 Government 1.7km
Kippa-Ring State School Primary Prep-6 Government 2.2km
Edu Space Redcliffe Secondary 7-10 Independent 2.2km
Redcliffe State High School Secondary 7-12 Government 3.0km
Hercules Road State School Primary Prep-6 Government 3.5km
Scarborough State School Primary Prep-6 Government 3.9km
Southern Cross Catholic College - Kippa-Ring Campus Primary Catholic 4.2km
Australian Trade College North Brisbane Secondary 11-12 Independent 4.9km
Southern Cross Catholic College Combined Prep-12 Catholic 5.0km
Grace Lutheran College Secondary 7-12 Independent 5.2km
Mueller College Combined Prep-12 Independent 5.3km
Mango Hill State Secondary College Secondary 7-12 Government 5.4km
Mango Hill State School Primary Prep-6 Government 6.3km
St Kieran's School Primary Prep-6 Catholic 6.6km
St Benedict's Primary School Primary Prep-6 Catholic 6.6km
Brighton State School Primary Prep-6 Government 6.9km
St Benedict's College Secondary 7-12 Catholic 7.0km
North Lakes State College Combined Prep-12 Government 7.2km
The Lakes College Combined Prep-12 Independent 7.5km
Bracken Ridge State High School Secondary 7-12 Government 8.4km
Deception Bay State High School Secondary 7-12 Government 8.5km
St Patrick's College Combined 5-12 Catholic 8.5km
Murrumba State Secondary College Secondary 7-12 Government 8.9km

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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