1/11-15 Wharf StreetCleveland QLD 4163
Property Details for 1/11-15 Wharf St, Cleveland
1/11-15 Wharf St, Cleveland is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1984. The property has a land size of 1385m2 and floor size of 200m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
Last Listing description (October 2022)
Rarely does a property come onto the market that offers so many options for both investors and owner occupiers alike. This wonderfully presented 2 level townhouse has private landscaped gardens, is just 1 street back from the water with easy reach to the ferry and has the following options: -
Option 1 - Live in the upstairs unit and keep the ground floor unit renting through Airbnb (as it has done for the last 12 years) for $130/night. The unit is booked on an average of 90% per month, comes fully furnished and has many days of future bookings already made - calendar of bookings available.
Option 2 - Convert back into a 2-3 bed, 2 bath with 2 separate car spots and enjoy the position to the water and space that the property offers with Sauna, Poll and BBQ area.
Options 3 - Rent out the top floor to a long-term tenant and continue with the Airbnb for the ground floor and enjoy great returns.
Both levels are in excellent condition and with low outgoings would make a savvy investment. Inspection times are limited due to the consistent bookings so call for your private inspection.
Features: -
1 Street back from the bay
2 separate units
2 separate parking spaces
Sauna, Pool and BBQ area
Exclusive gardens and entertaining areas
Property History for 1/11-15 Wharf St, Cleveland, QLD 4163
- 07 Jul 2022Sold for $700,000
- 24 May 2022Listed for Sale Offers Over $690,000
- 02 May 1985Sold for $75,000
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About Cleveland 4163
The size of Cleveland is approximately 11.7 square kilometres. It has 55 parks covering nearly 19.2% of total area. The population of Cleveland in 2011 was 14,413 people. By 2016 the population was 14,791 showing a population growth of 2.6% in the area during that time. The predominant age group in Cleveland is 50-59 years. Households in Cleveland are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cleveland work in a professional occupation. In 2011, 63% of the homes in Cleveland were owner-occupied compared with 62.2% in 2016.
Cleveland has 8,899 properties. Over the last 5 years, Houses in Cleveland have seen a 76.20% increase in median value, while Units have seen a 77.50% increase. As at 30 September 2024:
- The median value for Houses in Cleveland is $1,134,936 while the median value for Units is $719,809.
- Houses have a median rent of $700 while Units have a median rent of $600.
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