16 Portwood StreetRedcliffe QLD 4020
Property Details for 16 Portwood St, Redcliffe
16 Portwood St, Redcliffe is a 7 bedroom, 2 bathroom House with 4 parking spaces and was built in 1960. The property has a land size of 1012m2 and floor size of 290m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
Last Listing description (June 2022)
UNPARALLELED OPPORTUNITY TO RENOVATE, DEVELOP & PROFIT!
Offers welcome prior to Auction!
Representing an exceptional opportunity for owner occupiers, renovators and developers alike, this is a golden chance so rarely available in a thriving market. Positioned in a prime location close to a huge array of amenity and providing the needle in the haystack so readily sought by savvy investors, this incredible market opportunity is enhanced by a neighbouring property also for sale, culminating in a development opportunity like no other!
Presenting a massive 1012m2 of useable land - this is a property that is easy to develop, or easy to call home! Ready to be returned to her former glory or remastered and transformed into an executive modern residence, the current house is quite simply enormous with a phenomenal seven bedrooms in its present configuration. Sprawled over two levels the lower level is set in open-plan design encompassing huge living, dining and lounge. A central kitchen occupies a generous footprint and is ready for a modern overhaul. Six of the seven bedrooms are positioned upstairs; four including built-in wardrobes alongside two full sized bathrooms and separate laundry. Additional features including double carport, outdoor spa, and single bay shed.
Providing a superlative footprint for those dreaming of invoking their design credentials and mastering a renovation or restoration, it is the ideal opportunity for anybody seeking a lifestyle with the space and privacy of yesteryear.
Alternatively you can buy with the knowledge that development versatility is second to none! Located in an ever popular precinct close to all amenities, this 1012m2 block provides development potential of its own accord, enhanced further by the fact that the neighbouring 1012m2 property is also for sale. This culminates in an extremely rare 2024m2 parcel of land at your disposal - a development chance to relish!
Located within walking distance to Redcliffe Hospital, Redcliffe Showgrounds, local shops, food outlets, bus and the waterfront, this location is unbeatable. You'll need to act fast - rarely does an opportunity come along that allows such endless scope to renovate, demolish and build to sell and/or live as well as supreme potential for larger development projects!
- 1012m2 block
- Huge renovator double-storey house
- Open-plan living, lounge and dining
- Seven bedrooms/two bathrooms/separate laundry
- Prime potential for renovating and/or development
- Neighbouring 1012m2 block also on the market for those seeking huge development opportunity
- Unbeatable location walking distance to all amenities plus waterfront
Property History for 16 Portwood St, Redcliffe, QLD 4020
- 10 Aug 2021Listed for Rent $600 / week
- 14 Apr 2021Listed for Sale $775,000
- 06 Mar 2021Sold for $775,000
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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 6,547 properties. Over the last 5 years, Houses in Redcliffe have seen a 85.78% increase in median value, while Units have seen a 78.48% increase. As at 31 October 2024:
- The median value for Houses in Redcliffe is $840,626 while the median value for Units is $698,159.
- Houses have a median rent of $580 while Units have a median rent of $550.
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