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Back 283 Redland Bay Road
Off Market

283 Redland Bay Road

Capalaba QLD 4157

4
1
3
2023 m²
House
Last sold for $700,500
Gary BylundGary Bylund, last sold this property on 08 October 2020 after -18 days on market.

Overview

Investors & Super funds take note...

Every now and then an opportunity comes along... Let's start with the Potential return - around 8% Existing long established Business operating from these premises for 15 years - who are potentially willing to sign a 5 year lease plus the possibility of another 5 years at an annual rent of $57,200... That's a very generous return on investment - Simple mathematics. For the home buyer looking for a sprawling home on a oversized block - the tenant would be willing to move on and with an extended settlement to accommodate. The house could easily be converted back to a generous sized 4 bedroom home... Sitting on over 1/2 acre of unobstructed clear site- also offering a large workshed at the rear with plenty of off street parking. The property is in a Prime location - very close to the hub of the Capalaba shopping precinct. This is a unique opportunity and will attract strong interest. Don't delay your enquiry & inspection... Very motivated sellers looking for action NOW...

Features

4 bedrooms
1 bathroom
3 carspaces
2023 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Capalaba over the last 12 months, the estimated median property value of 283 Redland Bay Road is $1.18m.

Median value
$1.18m
Estimated value range
$905k - $2.1m
Median days on market
16
Estimated value trend
21%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Capalaba. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 283 Redland Bay Road

2020
Sold
$700,500
Private Sale/Treaty on 08 Oct 2020 by Gary Bylund, of East Coast Residential & Prestige

Happy sellers in Capalaba

93%
93% of sellers in Capalaba reported that their sale price either exceeded or met their price expectations.

Capalaba stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 85 reviews in Capalaba over the last 12 months.

Local market activity for 4 bedroom houses in Capalaba

In the last 12 months, 95 four-bedroom houses similar to 283 Redland Bay Road, have been sold.

This represents a 9% increase in four-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Capalaba

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Adam Gould

Sellers who recommend Adam Gould have praised them for being clear communication, local expert, responsive, supportive, friendly, honest and dedicated

  •   4.9   (739 reviews)
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  •  18 Sales in Capalaba
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Dave Neilson

Sellers who recommend Dave Neilson have praised them for being clear communication, local expert, responsive, reliable, supportive, honest and great negotiation

  •   4.9   (549 reviews)
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  •  7 Sales in Capalaba
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James Carmichael

Sellers who recommend James Carmichael have praised them for being clear communication, local expert, well-prepared, attentive, responsive, dedicated and reliable

  •   5   (220 reviews)
  •  7 Reviews in Capalaba
  •  5 Sales in Capalaba
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Rachael Bennett

Sellers who recommend Rachael Bennett have praised them for being clear communication, local expert, responsive, supportive, friendly, dedicated and honest

  •   5   (197 reviews)
  •  7 Reviews in Capalaba
  •  5 Sales in Capalaba
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