3 Ella Street
Redcliffe QLD 4020

Only 100m from the foreshore and Redcliffe Pavilion, 3 Ella Street stands as a rare holding in one of the Peninsula’s most tightly held growth corridors. This corner site blends immediate rental income with medium-term uplift potential and long-term redevelopment upside under Moreton Bay Regional Council’s sought-after Urban Neighbourhood zoning. Whether you’re looking to build now, land-bank for the future, or lock in a strategic coastal income producingl asset, this property delivers on all fronts.

Positioned on a 405m² high-exposure corner block, the site is zoned Urban Neighbourhood (allowing up to 9 storeys) and currently accommodates two self-contained 2-bedroom flats, each separately metered and returning approximately $800 per week combined. With dual street frontage and no easements, it offers genuine feasibility for boutique apartments or mixed-use development.

Surrounding projects of 4–7 storeys already reinforce the area’s density uplift and lifestyle demand. Investors and landbankers alike will appreciate:
– Immediate holding income with potential to increase rents through minor refurbishments
– Flexibility to secure plans or future DA approvals while generating cashflow
– Robust resale demand for completed projects in this tightly held pocket

Key Investment Highlights
– Zoning: Urban Neighbourhood – up to 9 storeys STCA
– Dual income: Two x 2-bed, 1-bath flats – separately metered
– Prime 405m² corner block with dual street frontage
– Approx. $800/week combined return with scope for uplift
– Surrounded by active mid-rise and mixed-use developments
– 50m to Suttons Beach, 500m to Redcliffe Parade’s cafés and lifestyle precinct

Whether you’re a boutique developer, a syndicate builder or a long-term investor seeking a premium coastal holding with density upside, 3 Ella Street offers both income today and strategic value for tomorrow.