Set on a generous 617sqm block in a tightly held coastal pocket, this is a rare chance to secure four self-contained residences on one title. It's the kind of asset that doesn't come up often, offering strong holding income now with plenty of upside moving forward.
Currently returning an attractive 5.3% yield, it's a clean, straightforward investment with multiple income streams already in place.
Each residence has been set up to maximise appeal and practicality:
Unit 1
2 bedrooms, 1 bathroom
• Spacious living area
• Private courtyard
• Functional kitchen with internal laundry
Unit 2
3 bedrooms, 1 bathroom
• Master with private balcony
• Built-ins and ceiling fans
• Light-filled living and kitchen opening to its own balcony
Unit 3
2 bedrooms, 1 bathroom
• Updated interiors
• Private undercover outdoor area
• Modern kitchen with integrated laundry
Unit 4 (Granny Flat)
1 bedroom, 1 bathroom
• Air conditioning
• Well-appointed kitchen with dishwasher
• Internal laundry and good bench space
Features:
• Large 617sqm corner block
• 5.3% rental yield
• 3 phase power to the property with individual meters
• Recent work done to update all plumbing
The location is a big part of the appeal. You're less than 1km to the waterfront at Bramble Bay, with strong tenant demand driven by lifestyle and convenience. Everything is close by including schools, Aldi, IGA, Chemist Warehouse, cafes, takeaway options and local parks.
You're also only minutes to Redcliffe Golf Club and Kayo Stadium, with easy access to Redcliffe CBD, Brighton, Sandgate and Westfield North Lakes.
Transport is simple with nearby bus routes, Kippa-Ring train station, the Hornibrook Bridge and Gateway Motorway all within easy reach.
Opportunities like this are hard to find. Four incomes, one title, and a quality coastal location.
Disclaimer:
Whilst every effort has been made to ensure the accuracy of this information, no warranty is given by the vendor or the agent as to its accuracy. Interested parties should not rely solely on this information and are encouraged to make their own enquiries.
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