4 Vernon Street, Clontarf, Qld 4019

Expressions of Interest Closing 22/07/2025 at 3:00pm

A prized investment opportunity awaits, one which offers an impressively solid rental history in a booming lifestyle location. Only 1000m from beautiful Bramble Bay and the popular waterfront Pelican Park, this 632sq m property is currently tenanted with long-term occupants enjoying a configuration of four two-bedroom, one-bathroom apartments. 

A lucrative return on this investment at $87,360 per annum as it stands, with the market suggesting further scope for increases into the new financial year. All units are in good condition, and offer a similar layout of a long hallway leading to the kitchen and living area. Bathrooms are located to the rear, towards the communal yard and three carports. Zoned "General Residential", there is an 8.5m-high building limit. 

Within 25 minutes of Brisbane's CBD, in a laidback family-friendly bayside destination, this opportunity to secure a high-performing asset offers but is not limited to:

+ 632sq m property, four units, currently tenanted with long-term occupants 
+ Returning up to $87,360 for a four unit configuration, all in good condition
+ Zoned 'General Residential, which includes an 8.5m-high building limit
+ Mostly two-bedroom, one-bathroom with kitchen and living off a long hallway
+ Communal washing line and yard at the rear, three carports
+ Quiet location within 25 minutes of Brisbane Airport, 1000m to the waterfront
+ Walk to Grace Lutheran Primary School and Southern Cross Catholic College
+ Close to a bus service into Redcliffe, six minutes to Redcliffe Hospital

*Disclaimer - We have made our best endeavours to provide accurate information. We accept no responsibility for any errors or admissions. Buyers are encouraged to do their own research.