1206/101 Marine ParadeRedcliffe QLD 4020
Property Details for 1206/101 Marine Pde, Redcliffe
1206/101 Marine Pde, Redcliffe is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2011. The property has a land size of 58m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Unit sold in Redcliffe in the last 12 months.
Last Listing description (April 2023)
The Mark Pickles Team at Harcourts Solutions is proud to present, for investors only, this excellent yielding property by the beach.
Some areas have fared much better for tourism and business than Brisbane CBD, and this is one of them! The Redcliffe Peninsula offers travellers options a-plenty whether for business or leisure.
Located only a short drive from the airport, surrounded by great beaches, restaurants and a relaxing vibe, this area has remained a popular destination, even with recent challenges and restrictions, to the point where Covid 19 has had a very limited effect on rental yields.
This one-bedroom, self-contained living apartment offers year-round income and is under the umbrella of The Oaks Group of hotels, currently trading as a part of the Mon Komo Hotel, locally renowned for fine dining and great social atmosphere, this is one of the best places to stay on the Peninsula.
Gross yield at over 8% will have your investment manager smiling, and since property this close to the coast tends to always appreciate in value, you would be wise to take a serious look at this super value-proposition if cash flow and capital growth is important to you.
The look and feel of the 4 star hotel is maintained meticulously and offers a tangible sense of pride to you as owners that the product you have invested in is in the best possible hands
- Superior 5-star feel
- Fully self-contained apartment
- Air conditioning
- Balcony
- Views commensurate with the floor level
- High quality
- Rental agreement negotiable
- 8%+ gross yields
The Location:
Redcliffe is an ever-popular coastal destination with access to Moreton Island, boating and yachting clubs, lifestyle and leisure options plus home to the super-popular Sunday Markets with artisan products and excellent relaxed and funky vibe.
Only a short drive to Brisbane International Airport, plus rail links to Brisbane CBD from neighbouring Kippa-Ring, you are fully connected yet can enjoy quiet beach walks and an abundance of heritage sites to see.
Call Mark today to book your inspection or to learn more.
Property History for 1206/101 Marine Pde, Redcliffe, QLD 4020
- 25 Mar 2024Sold for $370,000
- 09 Mar 2023Sold for $285,000
- 14 Jun 2018Listed for Sale Offers Over $329,000
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0About Redcliffe 4020
The size of Redcliffe is approximately 4.2 square kilometres. It has 20 parks covering nearly 15.6% of total area. The population of Redcliffe in 2011 was 9,200 people. By 2016 the population was 10,378 showing a population growth of 12.8% in the area during that time. The predominant age group in Redcliffe is 60-69 years. Households in Redcliffe are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Redcliffe work in a professional occupation. In 2011, 50.7% of the homes in Redcliffe were owner-occupied compared with 49.9% in 2016.
Redcliffe has 6,576 properties. Over the last 5 years, Houses in Redcliffe have seen a 86.15% increase in median value, while Units have seen a 77.46% increase. As at 30 September 2024:
- The median value for Houses in Redcliffe is $837,228 while the median value for Units is $682,233.
- Houses have a median rent of $580 while Units have a median rent of $550.
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