468 Oxley AvenueRedcliffe QLD 4020
Property Details for 468 Oxley Ave, Redcliffe
Last Listing description (October 2023)
East of Oxley this beauty will tick all the boxes and is perfect for the owner/investor looking for some extra return on investment.
Boasting five generous sized bedrooms, two separate living and dining areas, two bathrooms, two kitchens, a separate laundry, a choice of three Alfresco's to sit at and lets not forget the ample parking outside for the cars and boat. This home will certainly keep the larger family happy.
Sitting on a 723m2 block this home was once run as a popular Bed & Breakfast and could be again ( subject to licensing). Having the separate living area and a kitchen downstairs could also make this an easy AirBnb whilst still living in the property creating another income.
To top off the earning potential of this investment there are three commercial shops at the front of the block, all with long term tenants generating a steady income for the owners. Could you really find better?
Property Features:
5 Generous Bedrooms
2 Bathrooms
Separate laundry
2 Living areas/ Dining
2 Kitchens, 1 With walk in pantry
3 Alfresco's
4 Car parks +
3 commercial shops with steady income
723m2 Block
Development potential ( Subject to council approval)
Close to Schools
Close to public transport
Walking distance to Redcliffe restaurants, bars and cafes.
Property History for 468 Oxley Ave, Redcliffe, QLD 4020
- 04 Aug 2023Sold for $1,025,000
- 15 Feb 2022Listed for Sale Offers Over $1,999,999
- 30 Jan 2010Listed for Sale Not Disclosed
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About 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 6,578 properties. Over the last 5 years, Houses in Redcliffe have seen a 85.88% increase in median value, while Units have seen a 70.90% increase. As at 31 July 2024:
- The median value for Houses in Redcliffe is $823,971 while the median value for Units is $649,091.
- Houses have a median rent of $570 while Units have a median rent of $540.
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