Back 3 Ella Street
Off Market

3 Ella Street

Redcliffe QLD 4020

4
2
3
0 m²
407 m²
Block of units
Last sold for $1,130,000
Sheldon PitamaSheldon Pitama, last sold this property on 25 September 2025 after 142 days on market.

Overview

Rare Dual-Income Coastal Urban Corridor Opportunity

Only 100m from the foreshore and Redcliffe Pavilion, 3 Ella Street stands as a rare holding in one of the Peninsula's most tightly held growth corridors. This corner site blends immediate rental income with medium-term uplift potential and long-term redevelopment upside under Moreton Bay Regional Council's sought-after Urban Neighbourhood zoning. Whether you're looking to build now, land-bank for the future, or lock in a strategic coastal income producingl asset, this property delivers on all fronts. Positioned on a 405m² high-exposure corner block, the site is zoned Urban Neighbourhood (allowing up to 9 storeys) and currently accommodates two self-contained 2-bedroom flats, each separately metered and returning approximately $800 per week combined. With dual street frontage and no easements, it offers genuine feasibility for boutique apartments or mixed-use development. Surrounding projects of 4–7 storeys already reinforce the area's density uplift and lifestyle demand. Investors and landbankers alike will appreciate: - Immediate holding income with potential to increase rents through minor refurbishments - Flexibility to secure plans or future DA approvals while generating cashflow - Robust resale demand for completed projects in this tightly held pocket Key Investment Highlights - Zoning: Urban Neighbourhood - up to 9 storeys STCA - Dual income: Two x 2-bed, 1-bath flats - separately metered - Prime 405m² corner block with dual street frontage - Approx. $800/week combined return with scope for uplift - Surrounded by active mid-rise and mixed-use developments - 50m to Suttons Beach, 500m to Redcliffe Parade's cafés and lifestyle precinct Whether you're a boutique developer, a syndicate builder or a long-term investor seeking a premium coastal holding with density upside, 3 Ella Street offers both income today and strategic value for tomorrow.

Features

4 bedrooms
2 bathrooms
3 carspaces
2 carport spaces
1 garage space
0 m² floor area
407 m² lot size
Block of units

Estimated Value

We need at least 3 similar 4 bedroom block of units sold in Redcliffe over the last 12 months.

Property history for 3 Ella Street

2025
Sold
$1,130,000
Private Sale/Treaty on 25 Sep 2025 by Sheldon Pitama, of Image Property Aspley
2024
Sold
$1,000,000
28 Nov 2024 by Harrison McIndoe, of Image Property Aspley

Happy sellers in Redcliffe

83%
83% of sellers in Redcliffe reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 40 reviews in Redcliffe over the last 12 months.

Local market activity for 4 bedroom block of units in Redcliffe

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