James Dean Commercial, the exclusive marketing agents are pleased to present this rare dual title acreage offering in the heart of Capalaba. Very rarely do you come across two acreage allotments side by side being offered to the market! Totaling 17,148m2 (4.2 acres), 8 bedrooms, 4 bathrooms, 6 sheds, 2 double bay carports & 1 pool the only thing left to do is gather up the whole family and move into this acreage get away! These allotments are also producing healthy amounts of monthly income both having short term tenants renting storage space from the Vendor.

Being just 25km to Brisbane CBD, moments to Moreton Bay and conveniently located nearby to all major arterial roads the location is great. Redlands most prestigious schools are just minutes away along with the Redlands Hospital. Both houses are set well back from the road allowing for a tranquil rural lifestyle along with room for all your toys, small medium size business and storage.

347 Redland Bay Road, Capalaba (Lot 1 on Registered Plan 184325) 7,767m2 (1.9 acres)

This is an excellent opportunity if you want to run your business from home or simply want a quiet retreat close to all amenities. The homestead is a quality low set brick and tile with QLD style wrap around deck. Built in the mid late 1980′s and set way back from the road the vista at the rear of the block is quiet and peaceful. Big sheds are already on site along with additional carport, garden shed, storage containers & more.

Main features include:
- Four bedrooms and two bathrooms (en-suite in master)
- Open plan living / dining
- Ducted A/C throughout
- Rumpus family room / media games room with open fireplace
- Large kitchen with dishwasher & overlooking the pool
- Home office
- 5,000l Rainwater tank
- In-ground pool in tropical setting
- Loads of outdoor entertaining & room for the kids to play
- Fully fenced and secure block
- Plenty of garaging, carport and parking spaces

345 Redland Bay Road, Capalaba (Lot 60 on Registered Plan 75435) 9,381m2 (2.3 acres)

The homestead is a quality low set split level brick and tile with huge value adding potential. Built in the mid late 80′s and set back half way from the road. The rear of the property has been transformed into 4,500m2 of well compacted hardstand ideal for truck parking, equipment storage, containers, boats and or caravans. Two high bay, clear span sheds are already on site totaling 400m2 under roof with 3 phase power along with additional carport, garden shed & storage containers

Main features include:
- Four bedrooms and two bathrooms (en suite in master)
- Open plan living / dining
- Split system air-conditioning
- Rumpus family room with fireplace
- Large kitchen with dishwasher
- 5,000l Rainwater Tank
- Plenty of garaging, carport and parking spaces
- Loads of outdoor entertaining & room for the kids to play
- Fully fenced and secure block

Both allotments currently have short term tenants renting the house on 345 RBR, multiple sheds, containers, truck, boat & caravan storage across both 345 & 347 RBR. The Gross monthly income currently is $17,103.80 + GST ($205,245.60 per annum + GST (approximately). A full tenancy schedule can be provided upon request.
In conclusion the vendors are committed on a new purchase so make no mistake these properties will be sold. The vendors preference is to sell them both in one line however subject to terms & conditions they could be sold individually.

Council Approvals (Redland City Council):
1. Uncontrolled Fill Building Approval – Council Approved
2. Sheds – Council Approved
3. Boundary Realignment Development Application Lodged
4. Home Base Business Development Application Lodged
Full details of these approvals and lodgements can be provided upon request or view on Redland City Council’s website.

For further information, a copy of the information memorandum or inspection please don’t hesitate to contact Zac Dean.