4/75-99 Gordon Road, Redland Bay QLD 4165

Situated in the ever-popular 'Inlet at Redland Bay' this updated 4 bed 3 bath 2 car townhouse sits in a high demand location. The spacious townhouse is ideal for an astute investor after an appealing rental yield in a growth location or those looking to buy an affordable home. This townhouse will deliver an excellent rental yield. The property is currently tenanted.

The kitchen offers modern appeal with plenty of storage, dishwasher, electric cooktop and oven with stone bench tops. The lower level provides an airconditioned and freshly painted open plan lounge and living area that opens up to a cosy and well presented courtyard.

Upstairs is 4 roomy bedrooms, 2 of them with ensuites. The upper floor has recently had new carpet and paint throughout. Each bedroom has built in robes and the master bedroom has air-conditioning.

Townhouse features include:
• Two story, four bedrooms, two with ensuites.
• Third separate bathroom upstairs
• Toilet downstairs
• Open plan living and dining
• Gourmet kitchen, entertainers delight
• Fittings and fixtures in the kitchen and bathrooms recently updated
• Split-cycle air-conditioning in master bedroom (brand new) and living area, with ceiling fans in all bedrooms.
• Remote controlled, 2 car garage with internal access
• Separate laundry with plenty of storage space under the stairs
• Immaculately kept complex, managed by onsite management.
• Low maintenance home with full fenced courtyard
• Great rental returns - similar units are renting for $585+ per week
• approximately a 5.2% gross rental yield

Rates/water: approx $1000/qtr
Body Corp Levies: $1100 approx /qtr
Currently tenanted at $600/week until September 2025 with a potential to then increase to $680-$710/week.

Offering easy access to schools, daycare, shopping centres, sporting facilities, cafes and restaurants, public transport, this one will not last long. The Stradbroke Island Ferry terminal is only a few minute drive away with Brisbane airport an easy 40 minutes drive.

A rare opportunity to secure a 4 bedroom investment property or a forever home in the Redlands.