In Room Auction – 29th May at 6pm Located just 100 metres from both Suttons Beach and the Redcliffe Pavilion, this prime corner block at 3 Ella Street presents a rare opportunity to secure two income-producing flats with urban zoning allowing for future development up to 9 storeys (STCA). Set on a 405m² dual frontage site, the property comprises two separately metered 2-bedroom flats, each with their own entrance, kitchen, bathroom, living, and laundry spaces. Both are currently tenanted, providing a combined income of circa $700 per week, making this an ideal holding income opportunity while plans are explored. Key Highlights: - Zoned Urban Neighbourhood – up to 9 storeys height STCA under MBRC - Two x 2-bed, 1-bath flats – fully self-contained with separate water & power metering - Corner 405m² block with wide street exposure and development-friendly layout - Currently tenanted, returning approx. $700/week - Just 100m to Suttons Beach, the Pavilion, and 500m to the Redcliffe Parade dining/retail precinct - Surrounded by mid-rise residential and mixed-use developments - Ideal for developers, investors or land bankers seeking long-term uplift Rental appraisals and zoning info available upon request With its unbeatable beachside location, strong existing income and future development potential, 3 Ella Street is a standout opportunity in the heart of the Peninsula. 📍 Auction In Room– Thursday 29th May at 6pm 📞 Contact us today to register or book and inspection.
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