131-133 Elizabeth Avenue Clontarf, QLD 4019

In a location recognised for its strong annual compound growth, minutes from the waterfront and central Redcliffe, is this enormous property offering. Spanning two titles, totalling 1,270sq m, this is a rare opportunity to secure an unusual and exciting multi-stream investment in General Residential development zoning.

The complex in its entirety includes five flats, all of which are currently rented by long-term reliable tenants. Two units have been beautifully renovated, while the remaining three units are in their original condition. Each unit has one covered carport attached, and three have separate laundry facilities.

Flat 1

+ Two bedrooms with a fully renovated bathroom and kitchen, front of complex
+ Open-plan living, kitchen and dining with contemporary fittings and fixtures
+ Air-conditioning, ceiling fans, tiled flooring, double wardrobes, internal laundry

Flat 2

+ Two bedrooms, one bathroom with a shower
+ Open-plan living, kitchen and dining with original fittings and fixtures
+ Private balcony, internal laundry

Unit 3

+ Two bedrooms, one bathroom with a shower
+ Open-plan living, kitchen and dining

Unit 4

+ Two bedrooms, one bathroom with a shower
+ Open-plan living, kitchen and dining with original fittings and fixtures

Unit 5

+ Two bedrooms with a renovated bathroom, rear of complex
+ Renovated open-plan living, kitchen, and dining with contemporary features and finishes
+ Air-conditioning, ceiling fans, hardwood flooring, double wardrobes

This prime investment opportunity in a large growth area offers but is not limited to:

+ Strong 1,270sq m investment opportunity across two titles, exciting growth region
+ Five flats, all with a solid tenancy record, each with a covered carport, returning approximately $105,000 per annum
+ Two of the five units, at the front and rear, have been renovated
+ 1.3km to Clontarf Beach and Redcliffe Golf Course, 22 minutes to BNE Airport
+ Eight minutes to Redcliffe Hospital, waterfront markets and the iconic Redcliffe Jetty

*Disclaimer - We have made our best endeavours to provide accurate information. We accept no responsibility for any errors or admissions. Buyers are encouraged to do their own research.