187 Redland Bay Road, Capalaba QLD 4157

Two tenancy opportunity returning up to $760 per week collectively, property currently has 2 tenants who are eager to extend their tenancy in April 2022. The ROI on this property could return up to 17% more than other investments in this area!!

Sitting proudly on a 807m2 block with a 20m frontage this property also offers a unique opportunity for potential future development or subdivision of the block (subject to council approval).

This low-set home represents excellent buying in a fantastic location & is perfect for growing or extended families with dual living. Ideal for those with home businesses or wanting to work from home.

If you are looking for a dual living home this could be it! The granny flat is self-contained with separate access from the front of the house this home will tick all the boxes for those with a teenager seeking independence, an elderly relative wanting a slice of serenity or investors.

Property Features Include:
* Open plan living & dining room with air conditioning
*Large kitchen with stainless steel appliances & ample bench & cupboard space
* Family bathroom with separate bath & shower
* Separate toilet
* Single lock up garage with internal access
* Three good sized bedrooms � Master with air conditioning

Granny flat features include:
* Living area with air conditioning & ceiling fan
*1 bedroom featuring a built-in robe & ceiling fan
* Bathroom with shower, toilet & vanity
* Kitchenette with sink, stove, space for a fridge & space for a washing machine
* Separately metered electricity

Additional property features include:
* Large enclosed under cover entertainment area
* Side access
* Large garden shed with electricity
* Fully fenced backyard
* Land is subdividable
* In catchment to Capalaba State College

Conveniently located within a short distance from both local primary & high schools, local parks, public transport & shopping centres this home is one of a kind and is one not to be missed!