Rental potential of $400 – $420 per week providing an excellent yield most probably in excess of 5%pa. There are very few 4 bedroom homes in Wellington Point in this rental price range so finding a Tenant shouldnt be stressful either.

Featuring:

- 4 Spacious bedrooms
- Reverse cycle air-conditioning
- Covered rear entertainment area
- Well positioned 612m2 block
- Great outdoor flow
- Excellent off-street parking
- Room for a large caravan or boat

Wellington Point is a Bayside suburb located about 26 kilometres east of the Brisbane CBD in the Redland Shire, Wellington Point is one of the older suburbs of Brisbane. The area boasts houses dating back to the 1800s including Whepstead Manor on Main Road.

Like other bayside suburbs of Brisbane, Wellington Point has seen an increase in both popularity and property prices over the past five years with the suburb having recorded excellent price growth.

Development in the waterfront suburb has been strong since the re-introduction of the passenger rail service to the suburb in the 1980s.

Although the suburb increasingly attracts investors, the majority of purchases are still by owner-occupiers looking for the quiet Redland Bay lifestyle.

Wellington Point contains a community shopping district located along Main Road and the suburb itself is a popular day-tripper destination for Brisbane and Redland residents who are attracted to its bayside location.

Recreational amenities in the suburb include boating ramps and picnic parks overlooking Moreton Bay, with barbeque facilities and play equipment.
There are a number of sporting facilities in the area, including sports ovals and the Redlands Sporting Club within the EGW Wood Sports Ground and several more ovals within Judy Holt Park. Walking tracks traverse the suburb and provide scenic links between parks.

Educational facilities in the region include Wellington State High, Redland’s College, Mary MacKillop Primary School, Wellington Point Primary School and Ormiston College.

Come and discover the brilliance of Bayside living and the beautiful aquatic playground of Moreton Bay.

When it’s all about location, seldom do opportunities like this present themselves.

731 Old Cleveland Rd East, Wellington Point… for sale at $425,000

Inspections By Appointment OR Open for Inspection 2.00 – 2.30am Saturday October 16th, 2010

Please contact the Sales Consultant to view a copy of the Sustainability Declaration for this property.