705/101 Marine ParadeRedcliffe QLD 4020
Property Details for 705/101 Marine Pde, Redcliffe
705/101 Marine Pde, Redcliffe is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2011. The property has a land size of 109m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Redcliffe in the last 12 months.
Last Listing description (April 2024)
This modern apartment, nestled on the 7th floor of the prestigious Mon Komo complex in Redcliffe, epitomizes contemporary elegance and offers an opportunity for a discerning investment in a sought-after urban oasis. A mere moments' walk from the serene waterfront, this residence combines the tranquility of a private retreat with the convenience of urban living. The expansive and sunlit living areas seamlessly integrate indoor comfort with outdoor entertainment, courtesy of vast glass doors that lead to a spacious, private balcony overlooking the majestic Moreton Bay.
Note that as the current council zoning stands, this unit is for short term holiday leasing only.
The apartment's design maximizes the infusion of natural light, enhancing the open-plan living and dining areas. The kitchen, a model of modern efficiency, boasts premium stainless steel appliances, a gas cooktop, chic tiled backsplash, and luxurious stone countertops, including a versatile island, perfect for casual meals or entertaining. Both bedrooms are generously proportioned, featuring plush carpeting and ample built-in storage, with the master bedroom offering a picturesque view and direct balcony access. The bathroom showcases a contemporary design with a spacious glass-encased shower and comprehensive floor-to-ceiling tiles, complemented by a convenient powder room for guests. Notable additions include a dedicated study area with a built-in desk, a separate laundry room, and secure parking for one vehicle.
Residents of the Mon Komo complex enjoy access to exceptional amenities, including a large swimming pool, a fully equipped fitness center, and the convenience of an on-site restaurant and bar. The apartment's prime location ensures easy access to a variety of local attractions, such as Settlement Cove, Sutton's Beach, and numerous walking trails along the waterfront. Redcliffe Parade, with its array of shops and dining options, is just a short walk away, alongside plentiful public transportation options.
This apartment is not only a luxurious haven for its occupants but also a lucrative asset in the vibrant short-term rental market, offering both a stylish lifestyle and investment excellence.
Currently in the holiday letting pool through the onsite managers. This property rents at approx $260 per night. The option is there to maintain the status quo and keep the onsite managers to look after advertising, cleaning and maintenance. Or if you are more inclined to have a hands on approach and maximise returns, you can look after the property as you would any other Air BnB.
Admin Fee $3,321.89 pq
Sinking Fund- $380.77 pq
Council Rates- $657 pq
Disclaimer: All photographs, facades, colour schemes, floor plans and dimensions are for illustrative purposes only and may vary slightly to the end product.
Property History for 705/101 Marine Pde, Redcliffe, QLD 4020
- 11 Apr 2024Sold for $475,000
- 25 Mar 2024Listed for Sale Not Disclosed
- 09 Nov 2016Listed for Sale $650,000 PLUS
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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 86.28% increase in median value, while Units have seen a 73.34% increase. As at 31 August 2024:
- The median value for Houses in Redcliffe is $818,965 while the median value for Units is $662,895.
- Houses have a median rent of $580 while Units have a median rent of $550.
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