I've been asked to provide more details by the forum moderator (Keithj).
Property has only just been listed.
Property is located at 13/83 Sutton Street Redcliffe
Rates $362.90/quarter
Body corporate levies as far as I can work out (admin fund/sinking fund and insurance levy) $252/quarter
Situated east of Oxley and only 150 metre stroll to Suttons Beach or Redcliffe Lagoon. Solid, brick, two bedroom unit.
The property features a large living area, separate kitchen and two bedrooms both with built-in wardrobes. Extras include air conditioning and internal access from the single car lock-up garage. The garage is downstairs and you walk up via internal stairs to the living area.
Fully furnished and currently returning $325 per week, the unit is within walking distance of transport, shops and restaurants.
General Features
Property Type:Unit
Bedrooms:2
Bathrooms:1
Indoor Features
Air Conditioning
Garage
Selling Agent:- Jack Woollett 0418 191 155
Professionals - Redcliffe
99 Redcliffe Parade
Redcliffe, Qld 4020
There is a possibility of rail link to Redcliffe by 2016
http://www.couriermail.com.au/news/...-to-open-in-2016/story-fnihsrf2-1226689462121
http://media.brisbanetimes.com.au/national/selections/rail-line-to-redcliffe-4622835.html
Real estate agent tells me land is being purchased for rail line and stations are in process of being built. Both sides of Qld State govt support the rail link.
I also spoke with the agent about capital growth. He said there was a big growth spurt in 2000 2001 and 2002 where property prices went up 25% to 30% each year...then small rises or flat each year after that. I recall Redcliffe is where Karina (who now posts here on US properties) got started and had strong capital growth on 2 houses during 2000-2002.
There is an Olympic pool/High Performance Centre here that has produced several Olympic swimmers.
"The Redcliffe High Performance Centre is operated by Olympic coach Ken Wood. Over the years Ken has trained Australian Olympians Leisel Jones, Geoff Huegill and Jessicah Schipper.
The facility includes an olympic standard pool with full length grandstand. A Gymnasium area, todlers pool and extensive room for services and storage are integrated into the overall design."
Demographics here-
http://www.homepriceguide.com.au/Re...ocationType=Postcode&State=QLD&PostcodeId=274
Links to threads on Redcliffe:-
http://somersoft.com/forums/showthread.php?p=1061585&highlight=redcliffe#post1061585
http://somersoft.com/forums/showthread.php?t=90213&highlight=Redcliffe
