074/333 Colburn Avenue, Victoria Point, QLD 4165

This fantastic live in or investment opportunity is situated in the bayside area of Redland Bay east of Brisbane. Charming Redland Bay has a real country feel while growing a bayside residential community boasting significant rural and conservation areas.

Victoria Cove is a highly sought after secure complex with extremely high occupancy rates and quick tenancy turnarounds all supported instantly by Onsite Managers securing your investment.

Your Onsite Managers will find quality Tenants that will enjoy a complex that is a secure gated community with access control, CCTV, two resort styled pools, common BBQ facilities, and lots of green avenues and open spaces. A convenient location only 44 minutes to Brisbane City (or 60 minutes by public transport), 60 minutes to Gold Coast and 100 minutes to the Sunshine Coast. Both Federal and State spending on local roads and infrastructure including hospitals has made a big difference in the last two years. As they say location, location, location!

Victoria Cove is walking distance to public transport, schools, medical and allied health, shops including four supermarkets, variety stores, Bunnings, Cineplex (9 cinemas), and a super restaurant and fast foods precinct. We are next door to an Australian Rules Football Club, softball centre and Sports Club, pokies, bar and restaurant. A less than 5 minute drive or nice walk will get you to Thompsons beach and ferries to Moreton Bays islands. The Redlands Whitewater Centre and Redlands Coast Adventure Sports Precinct has been announced as the home of an exciting new Olympic standard whitewater facility for the Brisbane 2032 Olympic and Paralympic Games Canoe Slalom events.

This Unit presents wonderfully throughout. With three generous sized bedrooms with built in wardrobes and an ensuite for the main bedroom. It has been refurbished in recent years with fresh paint, carpets, and landscaped backyard. It has a remote controlled single lock up garage, is north facing with a balcony, and has no neighbours to its rear.

All buildings on site have recently been painted externally and had roofs repointed - both now under seven year warranties. There is no more to do or worry about - just collect the rent and leave the Onsite Managers to look after your asset and Tenants. Rent returns in the next year will be in excess of $24,000 as a rental - a fantastic return on investment with rental yields and a mortgage not achievable in Sydney or Melbourne.

A great first investment, super fund contributor, or addition to any portfolio. Buy now as the market moves and hold for capital growth through to the 2032 Olympics!