FOR SALE
OFFERS OVER $995,000 CONSIDERED

6 Myer Street
Redland Bay QLD 4165

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Land area: 660m2
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Exceptional Dual Living Opportunity in Prime Redland Bay Location

Welcome to 6 Myer Street, a prime opportunity for dual living and high rental yield in the coveted Redland Bay area. This exceptional property, nestled in a tranquil cul-de-sac, offers unparalleled convenience and investment potential.
Key Features:
• Outstanding Location: Situated just meters from the Redland Bay Golf Course and a leisurely stroll to Redland Bay Village and waterfront, this home benefits from a premium, high-demand location.
• Dual Living Potential: The property is duplexed on over 660m² of exclusive-use land. The main residence features 3 spacious bedrooms, a modern kitchen and bathroom, and generous living areas, all complemented by a full-length all-weather entertaining area.
• Self-Contained Retreat: A separate, self-contained 1-bedroom retreat offers privacy and a spacious living area, making it ideal for extended family or as a rental unit. Currently leased, the tenants are eager to stay, providing a steady income stream.
• Income Opportunity: With a combined rental return of $920 per week, this property is a rare high-yield investment in a sought-after area.
• Modern Amenities: The home boasts modern kitchens and bathrooms, ensuring comfort and style for its occupants.
• Solar Power: Equipped with a 6.6kW solar system, the property promotes energy efficiency and sustainability.
• Generous Frontage: A huge 33-meter frontage provides ample space for boats and caravans, catering to a range of lifestyle needs.
Future Developments:
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Property Details for 6 Myer St, Redland Bay

6 Myer St, Redland Bay is a 4 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 660m2. The place is currently for sale with Queensland Sothebys International Realty.

Building Type
House
Land Size
660m2

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About Redland Bay 4165

The size of Redland Bay is approximately 47.6 square kilometres. It has 40 parks covering nearly 13.5% of total area. The population of Redland Bay in 2011 was 13,625 people. By 2016 the population was 14,971 showing a population growth of 9.9% in the area during that time. The predominant age group in Redland Bay is 40-49 years. Households in Redland Bay are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Redland Bay work in a trades occupation. In 2011, 72.6% of the homes in Redland Bay were owner-occupied compared with 73.2% in 2016.

Redland Bay has 7,908 properties. Over the last 5 years, Houses in Redland Bay have seen a 73.66% increase in median value, while Units have seen a 43.51% increase. As at 31 August 2024:

  • The median value for Houses in Redland Bay is $947,193 while the median value for Units is $715,181.
  • Houses have a median rent of $695 while Units have a median rent of $505.
There are currently 97 properties listed for sale, and 19 properties listed for rent in Redland bay on OnTheHouse. According to CoreLogic's data, 576 properties were sold in the past 12 months in Redland bay.

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Shanna Dale
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Queensland Sothebys International Realty
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