3 Ella Street, Redcliffe, Qld 4020

Positioned just 100m from the foreshore and Redcliffe Pavilion in one of the Peninsula's most tightly held growth corridors, 3 Ella Street offers a rare blend of short-term rental yield, medium-term uplift potential, and long-term redevelopment upside with sought-after Urban Neighbourhood zoning - build now, land-bank, or secure a strategic coastal asset for the future.

Set on a 405m² corner site zoned Urban Neighbourhood (up to 9 storeys STCA), the property features two self-contained 2-bedroom flats, each separately metered and currently leased (approx. $700/week combined). With dual street frontage and no easements, the site offers strong redevelopment feasibility, ideal for boutique apartments or mixed-use under MBRC planning.

Developments of 4–7 storeys are already emerging nearby, validating the area's density uplift. Investors and landbankers will benefit from:
- Potential to increase rents with minor refurbishments
- Holding income while securing plans or future DA approvals
- Strong resale demand for completed projects in this lifestyle pocket

 Key Investment Highlights:
- Zoning: Urban Neighbourhood - up to 9 storeys height (STCA)
- Dual income: Two x 2-bed, 1-bath flats - separately metered
- High-exposure corner block - 405m² with dual frontage
- Current return: Approx. $720/week, scope for uplift
- Development precedent nearby, surrounded by mid-rise builds
- 100m to Suttons Beach, 500m to Redcliffe Parade cafes

Whether you're a boutique developer, syndicate builder, or long-term investor seeking a premium coastal holding with density upside, 3 Ella Street offers income now, and serious value later.