This property will be auctioned Saturday 1st November, 4:30pm at Sandgate Bowls Club.
Situated just 940 metres from the picturesque Redcliffe waterfront, this outstanding property presents a rare investment opportunity on a generous 1,128m² block with a wide 15-metre frontage. The complex comprises four purpose-built, low-set brick flats—each thoughtfully designed to offer privacy, comfort, and practical living.
Each flat features:
· Two spacious bedrooms, some with built-in or freestanding wardrobes
· Functional kitchen
· Combined lounge and dining area
· Bathroom with separate toilet
· Internal laundry
· Single carport with side access for convenient, sheltered entry
Flat Details:
All four flats are currently tenanted, delivering a solid total annual rental income of $75,140.
Flat 1: Is in original condition and has had a long-term tenant for approximately 22 years. This flat is unique, featuring its own private courtyard.
Flat 2: Updated in 2003 with a new kitchen, flooring, full internal repaint, and wardrobes in both bedrooms
Flat 3: Renovated in 2008 including kitchen, bathroom, toilet, flooring, and built-in robes in both bedrooms
Flat 4: Renovated in 2024 with modern kitchen, bathroom, toilet, new flooring, and fixed freestanding wardrobes in each room
Prime Location & Lifestyle:
940m to Redcliffe Waterfront – Enjoy scenic walking tracks, sea breezes, and vibrant seaside dining.
220m to nearest bus stop – Easy access to public transport for convenient commuting.
1.25km to Humpybong State School – A reputable primary school within walking distance.
1.56km to Redcliffe State High School – A well-regarded secondary school serving the local community.
1.2km to Bluewater Square Shopping Centre – Offers Woolworths, specialty stores, and dining options.
1.5km to Redcliffe Hospital – Providing comprehensive medical services to the region.
2.5km to Kippa-Ring Train Station – Direct rail access to Brisbane CBD and surrounding areas.
3km to Peninsula Fair Shopping Centre – Features major retailers, cinemas, and a variety of eateries.
Less than 1km to major highway connections – Quick access to the Bruce Highway for travel north or south
The low-set design and brick veneer construction contribute to easy maintenance and enduring appeal, making this complex an ideal portfolio addition or a rare opportunity.
With close proximity to transport, schools, and the coastal lifestyle that Redcliffe is known for, this is a smart buy for the savvy investor.
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