Redland Bay, QLD
161/94 CANE STREET

FOR SALE
$1,245,992

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5 Apartments - Return $110, 240 PA. $1,245,992

5 5 3

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Welcome to an extraordinary investment opportunity in the heart of Redland Bay, QLD. This remarkable 5-bedroom, 5-bathroom property is perfectly positioned on a 506m² parcel of land, promising an incredible $100K+ annual rental income with a single investment. Ideal for savvy investors.

Upon arrival, you'll appreciate the meticulously designed exterior, complemented landscaping and secure fencing. The property boasts a spacious driveway and designated car spaces for three vehicles.

Each of the five studios within this home has been thoughtfully crafted with high-density wall insulation, ensuring privacy and minimizing noise disruption. A flush panel solid core door provides a sleek entry into each studio, setting the tone for the quality finishes.

Inside, you'll find luxurious amenities catering to modern living. Enjoy the comfort of block-out roller blinds, vertical blinds, barrier safety screens, and air-conditioned environments with a reverse cycle split system in each studio. Energy efficiency is a priority, with a state-of-the-art 13kw photovoltaic solar system and LED lighting installed throughout.

Year-round comfort is further enhanced by ceiling fans in each living and sleeping area and in the communal spaces. The property boasts two 250L electric hot water systems, ensuring a continual supply of heated water for residents.

Each bathroom is a sanctuary, featuring tiled shower niches, vitreous China toilet suites, and stylish vanity units. The kitchen and bathroom are fitted with WELS-rated chrome-plated brass mixers and quality ABS shower heads, underscoring the premium build of the home.

Security and convenience go hand in hand with six digital door locks and hard-wired smoke detectors, and battery backup is installed, meeting current safety legislation standards.

Rounded off with a 3-coat paint system for a lasting finish, this property is ready to deliver exceptional living and investment returns. Don't miss your chance to secure a slice of Redland Bay's lucrative market with this unrivalled investment. Contact us today for an information pack on this exciting investment opportunity or to arrange for an inspection.
We also have nine unit options available in Melbourne.

Disclaimer: Calculations are based on a 51-week rental period, including $10 per week per car park. Images are of a similar property. This property is to be constructed, and the land is titled. Floor plans, facades, and layouts are for illustration only and may change. The builder may alter designs before the contract. Land price reflects expected market value at publication and excludes stamp duty and legal fees. Buyers should verify all details, including easements and covenants, in the land contract. While efforts are made to ensure accuracy, refer to building and land contracts for exact specifications. The builder may withdraw this package before contract signing. Buyers must assess investment suitability independently..

Property Information

  • Land area approx
    506sqm

Property Features

  • Carspaces
    3
Better Homes and Gardens Real Estate Melbourne Invest

6/55-59 Moor Street
Fitzroy VIC 3065

Redland Bay, QLD
161/94 CANE STREET

FOR SALE
$1,245,992

Contact Better Homes and Gardens Real Estate Melbourne Invest
Michael Sloan  0417 577 597