187 Redland Bay Rd, Capalaba is a 4 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 809m2. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 4 bedroom House sold in Capalaba in the last 12 months.
A rare opportunity to secure two homes on one block, this versatile property is ideal for investors, extended families, or those seeking flexible living arrangements. Currently returning a combined income of $965 per week, it offers immediate returns in a highly convenient location.
Positioned on a generous 809m² block with a wide 20m frontage, the property also presents potential for future subdivision or development (subject to council approval).
The main residence is complemented by a fully self-contained granny flat with separate access, offering privacy and independence for occupants.
Main Residence Features:
- Open plan living and dining area with air conditioning
- Spacious kitchen with stainless steel appliances and ample bench and storage space
- Family bathroom with separate bath and shower
- Three well-sized bedrooms, master with air conditioning
- Single lock-up garage with internal access
Second Dwelling (Granny Flat):
- Fully self-contained with private, separate access
- Air-conditioned living area with ceiling fan
- One bedroom with built-in robe and ceiling fan
- Bathroom with shower, vanity and toilet
- Kitchen with stove, sink, fridge space and provision for a washing machine
- Separately metered electricity
Additional Features:
- Large covered and enclosed outdoor entertaining area
- Side access with plenty of space
- Large powered garden shed
- Fully fenced backyard, ideal for kids and pets
- Located within the Capalaba State College catchment
Conveniently located close to schools, parks, public transport and major shopping centres, this is a unique opportunity to secure a flexible property with multiple living options.
All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries.
The size of Capalaba is approximately 18.7 square kilometres. It has 42 parks covering nearly 11.2% of total area. The population of Capalaba in 2016 was 17333 people. By 2021 the population was 18002 showing a population growth of 3.9% in the area during that time. The predominant age group in Capalaba is 30-39 years. Households in Capalaba are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Capalaba work in a trades occupation.In 2021, 72.30% of the homes in Capalaba were owner-occupied compared with 71.40% in 2016.
Capalaba has 8,687 properties. Over the last 5 years, Houses in Capalaba have seen a 96.59% increase in median value, while Units have seen a 125.74% increase. As at 31 March 2026:
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