3 Channel St, Cleveland is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 675m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
Ray White Commercial Bayside, in conjunction with Ray White Special Projects, is pleased to present 3 Channel Street South, Cleveland to market For Sale.
With solid brick construction, these 2 x 2 bedroom units sit on a 675m* site that is zoned 'Medium Density'.
The location of this Bayside unit block provides the perfect balance of convenience and lifestyle. Located just 30km* south east of Brisbane with a direct CBD train link, the site is close to the vibrant shopping, cafes/restaurants, services and amenities of Cleveland.
With immense future potential, this is a genuine opportunity for investors, redevelopers and owner-occupiers.
Features include:
- Land area of 675sqm*
- Zoned 'Medium Density'
- Gross rental estimate of $41,600* per annum
- Solid brick construction - 2 x 2 bedroom units
- Located 30km* south east of the Brisbane CBD with a direct train line into Brisbane CBD
- Walking distance to Coles, Woolworths, library, bank, Bayside parkland, cafes and restaurants, Raby Bay Marina, sporting clubs, Bowls Club, Cleveland RSL, medical facilities, etc
- 5 min* walk to ferry linking Stradbroke Island and Toondah Harbour
* Approximately
The size of Cleveland is approximately 11.7 square kilometres. There are 55 parks, covering nearly 19.2% of the total area. The population of Cleveland in 2016 was 14801 people. By 2021 the population was 15850 showing a population growth of 7.1% in the area during that time. The predominant age group in Cleveland is 60-69 years. Households in Cleveland are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cleveland work in a professional occupation.In 2021, 66.80% of the homes in Cleveland were owner-occupied compared with 62.20% in 2016.
Cleveland has 9,277 properties. Over the last 5 years, Houses in Cleveland have seen a 87.79% increase in median value, while Units have seen a 88.87% increase. As at 31 July 2026:
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