Rare triple-income investment metres from the waterfront

A mere 400m from waterfront parklands, sandy beach and uninterrupted views of the islands is this multi-income stream coastal investment. With strong growth already and renovation upside, this three-flat property on a single 405sq m block is a smart, quiet achiever as a long-term land hold.

Currently returning $58,500 per annum, there is great potential to value-add given some work is required. Two of the three flats have been partially updated already, and they all each offer two bedrooms, one bathroom, an open-plan living/dining/kitchen, laundry, and parking for a vehicle. As a post-war property, redevelopment is also a lucrative consideration (STCA).

The location is superb, being east of Oxley Avenue and close not only to the water, but also to public transport and shops. It's also just 25 minutes to Brisbane Airport.

22 Hardiman St, Woody Point includes, but is not limited to:

- Triple-income coastal investment metres from the waterfront, east of Oxley Ave
- 405sq m block, approximately 11m frontage, 36.9m depth
- Returning $58,500 per annum, required work provides opportunity to add value
- Three flats, each with two bedrooms, one bathroom, open-plan living, parking
- Post-war allowing for redevelopment (STCA), or hold for a passive income
- Walk to Scotts Point Beach, waterfront parks, bus services and cafes
- Only 25 minutes to Brisbane Airport, within 4km of central Redcliffe

* 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

Humpybong State School Primary Prep-6 Government 0.78km
Southern Cross Catholic College - Woody Point Campus Primary Catholic 0.82km
Grace Lutheran Primary School Primary Prep-6 Independent 1.7km
Clontarf Beach State High School Secondary 7-12 Government 1.8km
Edu Space Redcliffe Secondary 7-10 Independent 2.5km
Clontarf Beach State School Primary Prep-6 Government 2.5km
Kippa-Ring State School Primary Prep-6 Government 3.2km
Redcliffe State High School Secondary 7-12 Government 3.3km
Scarborough State School Primary Prep-6 Government 4.3km
Hercules Road State School Primary Prep-6 Government 4.5km
Southern Cross Catholic College - Kippa-Ring Campus Primary Catholic 5.3km
Australian Trade College North Brisbane Secondary 11-12 Independent 5.4km
Southern Cross Catholic College Combined Prep-12 Catholic 5.4km
Grace Lutheran College Secondary 7-12 Independent 6.3km
Mueller College Combined Prep-12 Independent 6.4km
Mango Hill State Secondary College Secondary 7-12 Government 6.4km
St Kieran's School Primary Prep-6 Catholic 6.8km
Brighton State School Primary Prep-6 Government 7.1km
Mango Hill State School Primary Prep-6 Government 7.3km
St Benedict's Primary School Primary Prep-6 Catholic 7.7km
St Benedict's College Secondary 7-12 Catholic 7.9km
Griffin State School Primary Prep-6 Government 8.1km
St Patrick's College Combined 5-12 Catholic 8.1km
North Lakes State College Combined Prep-12 Government 8.2km
The Lakes College Combined Prep-12 Independent 8.5km
Bracken Ridge State High School Secondary 7-12 Government 8.6km
St John Fisher College Secondary 7-12 Catholic 9.1km
Deception Bay State High School Secondary 7-12 Government 9.6km

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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