Opportunities like this are becoming increasingly scarce in Victoria Point. Set on a generously sized parcel in a tightly held bayside pocket, 9 Base Street presents a rare combination of immediate livability, multiple income streams, and genuine future development potential under Low Medium Density Residential zoning.
This is not simply a house for sale it is a strategic property play in one of Redland's most lifestyle-driven and supply-constrained locations.
The site currently accommodates two separate dwellings, offering flexibility that appeals to owner-occupiers, investors, and developers alike. At the rear of the block sits a near-new, steel-frame lowset residence completed approximately two years ago. Designed for modern living and low maintenance, it features four well-proportioned bedrooms, two bathrooms, and a light-filled open-plan kitchen, living and dining area that flows seamlessly to a covered outdoor entertaining space. With quality insulation, split-system air conditioning, solar power, solar hot water, and a double lock-up garage with internal access, this home delivers immediate comfort and efficiency.
At the front of the property stands a substantial two-storey home that has undergone extensive renovations upstairs, while still offering further scope to add value downstairs. The upper level showcases polished timber floors, an air-conditioned open-plan living and dining zone, a well-appointed kitchen, and two bedrooms including a master with ensuite and walk-in robe. A rear deck overlooks the backyard, enhancing the sense of space and separation between the two dwellings. The ground floor, partially completed, already provides a solid framework for additional accommodation or a fully self-contained living area, making it ideal for extended family, dual living, or future rental optimisation.
What truly sets this property apart, however, is its zoning and location. Zoned Low Medium Density Residential, the site offers clear potential for future redevelopment or reconfiguration, subject to council approval. Whether held as a landbank, optimised as a dual-income investment, or redeveloped into townhouses or medium-density residences, the underlying land value and zoning flexibility are becoming increasingly rare this close to the bay.
Positioned approximately 500 metres from the water and surrounding parklands, and only a short walk to Pelican's Nest Shopping Centre, cafés, medical services and public transport, the lifestyle appeal here is undeniable. Victoria Point continues to benefit from strong buyer demand driven by its bayside setting, island ferry access, established infrastructure and proximity to Brisbane CBD, the airport and major employment corridors.
This is the kind of property that savvy buyers recognise immediately one where you can live comfortably today, earn income tomorrow, and unlock significantly more value over time. Very few properties offer this level of versatility, zoning advantage and walk-to-water positioning in a single holding.
Serious buyers understand that assets like this do not linger. If you have been waiting for a Victoria Point opportunity that genuinely makes sense on every level, 9 Base Street deserves your immediate attention.
Inspections are by appointment.
