$285,000

1 Bed  •  1 Bath  •  1 Car  •  58m²

Main view of Homely unit listing, 1206/101 Marine Parade, Redcliffe QLD 4020
Floorplan of Homely unit listing, 1206/101 Marine Parade, Redcliffe QLD 4020
Second view of Homely unit listing, 1206/101 Marine Parade, Redcliffe QLD 4020
+5

Sold

1206/101 Marine Parade, Redcliffe QLD 4020

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$285,000

  • 1
  • 1
  • 1
  • 58m²

Unit Sold on Thu 23 Mar, 2023

What's around Marine Parade

Unit description

“Investor Alert! 8% Gross Yield!! Seaside Position”

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.

Land details

Area: 58m²

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1206/101 Marine Parade, Redcliffe QLD 4020
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