Please see the property presentation for you, this is a dual occupancy property in a blue chip location returning over 6% yield. We feel this property is best suited for you as you are buying in a already gentrified market in a property which is positively geared. At the bottom of this presentation you will see a video talkthrough of the presentation should you not be sure about anything
It’s with great pleasure to present
Redland City, better known as the Redlands and formerly known as Redland Shire, is a local government area and a part of the Brisbane metropolitan area in South East Queensland. With a population of 156,863 in June 2018, the City is spread along the southern coast of Moreton Bay, covering 537.2 square kilometres (207.4 sq mi). Its mainland borders the City of Brisbane to the west and north-west, and Logan City to the south-west and south, while its islands are situated north of the City of Gold Coast.
Redland attained city status on 15 March 2008, having been a shire since 1949, when it was created by the merger of the former Tingalpa and Cleveland Shires. Despite this status, the City consists of largely suburban and coastal communities, featuring a somewhat disjointed urbanisation around major suburbs interspersed with bushland; there is no clear city centre.
Large mainland suburbs include Capalaba, Cleveland, Victoria Point, and Redland Bay. The latter is the City’s namesake, due to the colour of its fertile soil. North Stradbroke Island and smaller nearby islands, most notably those of Southern Moreton Bay, comprise the eastern portion of the Redlands.
As vendors begin to realise the markets potential, savvy owners are putting their properties on the market to get in on the action. This is expected to turn in the next 4 to 6 month as values rise.
Key features of the redevelopment include:
• Increased parking
• Less traffic congestion
• Rejuvenated parks and pathways
• Activated foreshore with family friendly areas
• New boating facilities
• Restaurant, grocery, retail and medical precinct
• More employment opportunities
• Water play area
This landmark renewal project is set to activate components of the Capalaba Masterplan 2010, benefiting and meeting the needs of the Capalaba and Redlands Coast community.
RIC in partnership with the Redland City Council Is planning to deliver an exciting, innovative and landmark development to support the revitalisation of Capalaba.
The Toondah Harbour project is now moving into the formal environmental assessment phase. A community engagement program will be rolled out by partnering developer Walker Group and will include community newsletters, listening posts, shop displays, feedback hotline and website updates.
RICs development application for townhouse project Edge 521 is now approved. The planned boutique project will consist of 13 high-quality, two-storey townhouses set across 3,559sq m, and backing onto 16,650sq m of conservation area.
The development will comprise of five, four-bedroom and eight, three-bedroom townhouses, each with double lock-up garages and featuring sleek, modern lines and elegant architectural points.
Plans for the mixed-used development comprise of aged care accommodation, commercial, retail and community facilities.
The proposed development is expected to provide five levels of aged care accommodation for the Redlands ageing population, as well as 186 basement and ground-level car parks, 2,933sq m ground floor retail, medical and lifestyle amenities.
The development aims to meet the needs of the local community and is also expected to provide employment for around 110 aged care professionals and 50 retail staff.
The Wellington Street / Panorama Drive road upgrade program is a road duplication project servicing a key Council controlled north-south arterial link in the centre north of Redland City.
This will bring numerous benefits including improved journey to work times, decreased peak hour congestion, and increased vehicle, cyclist and pedestrian safety.
The project is also expected to create nearly 70 jobs Redlands Coast residents and another 70 for other Queenslanders.
The Cleveland Aquatic Centre began re-opening to the public from 14 October 2020 with the 25-metre outdoor pool, indoor pool and children's play pool open for use while work continued on the centre's 50-metre pool.
Work has continued on the 50-metre pool surrounds with further painting, jointing and tiling repairs while Council and the community waited on the delivery of four 50-metre pool filters.
offers over $550,000
Flood zones are caused by obvious causes. In areas where the terrain is fairly flat and river banks overflow, properties which fall within these catchments warrant higher insurance costs.
A caveat is a ruling or law attached to the property, usually with a contract attached to it. If this is the case, the caveat needs to be understood as to what it is, who it benefits and when or if it expires.
In communications with the listing agent, he/she has confirmed the condition of the property is as the listing shows. This will be verified by our team in the steps moving forward.
There are 3 types of listing stages:
None of these types of listing types define the quality of the property.
The build year should be considered when purchasing properties of different structure types. The price of the property can be reflective of the build year vs the structure type. Some structure types age better than others. At a certain price point, it is worth remembering that land is the appreciating asset, while the dwelling is the depresiationg asset and can be reflective in the age of the property.
Tenure renewals dates need to be considered in rising markets. If the market is rising, your ability to increase rental rates will on be possible at the time the tenants lease period has come to an end.