House for sale

1-4/233 Bloomfield Street,

Cleveland, QLD

8 4 4
Offers Over $1.35m

Outstanding Opportunity Awaits!

Every once and a while a truly amazing property is offered to the market and this is one of those rear occasions.

Whether you are an Investor, Developer or just looking for 4 outstanding town homes to add to your portfolio, this is one you must consider.

Perfectly positioned in the heart of Cleveland, offering easy access to all the amazing felicities that the Redlands has on offer, we have the privilege of offering you this unique set of properties!

Comprising of 4 strata titled town houses (that's right, the whole complex is to be sold inline to one lucky buyer), positioned on 809sqm of prime Redlands Land - zoned MEDIUM DENSITY and offering strong returns, this is not to be missed.

With a low vacancy rate, your investment in a solid complex is assured, currently returning $1,265 pw over the 4 properties (that's $65,780 py). This low maintenance complex is sure to impress.

Comprising of double brick construction with timber internal trimmings, vaulted ceiling on the upper level, open plan living zones and all opening out onto private courtyards it is easy to see why the properties offer such a strong return. For the investors, there is an ability to upgrade the internal fittings and fixtures where you see fit, which in retune would increase your rental yield. For the developers, the sheer amount of holding income while you put your plans to council is added security and piece of mind.

With this set up you also have complete control over the body corporate and can run it how you deem fit. The current owners have self managed the complex and always kept up with maintenance and presentation of the complex as a whole. In recent years, the complex has had new colour bond fencing around the boundaries, security style fencing at the individual entries and all general maintenance.

At the back of the complex is a common area which is yet to be used to its full potential.

With all of the above on offer, PLUS the added advantage of further development potential, this offering would have to be one of the best the Redlands.

The owners instructions are clear and its time for this great set of properties to be sold! You must act fast to ensure you do not miss out to avoid disappointment.

Redland Bay - The best place to live, work and play
Located just 26km from Brisbane, Redland City is often described as South East Queensland's "best-kept secret". A scenic gateway to iconic North Stradbroke Island and the secluded Southern Bay Islands, the Redlands is a popular destination for those who have discovered its unique beauty and multitude of options for recreation.

⢠Redland City's mainland villages
⢠North Stradbroke Island
⢠Southern Moreton Bay Islands
⢠Coochiemudlo Island
⢠Peel Island

The Redlands offers a wide range of activities catering to individuals, couples and families. From picturesque hinterlands to beautiful beaches, the Redlands really does have it all. In addition to the natural beauty of the area, a rich cultural and community feel means we've got something for everyone within easy reach.

Redlands has a wealth of:

⢠nature-based experiences
⢠abundant wildlife
⢠glorious scenery
⢠safe swimming beaches
⢠island getaways including North Stradbroke Island
⢠water based activities
⢠history, arts and culture

Boutique complex
Strata titled
Returning $1,265 per week
Development potential
809m2 medium density
Last updated: 04:06AM on Aug 18th 2016
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Coronis Realty Coorparoo

211 Old Cleveland Road
Coorparoo QLD, 4151
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