48/20 Masthead Dr, Cleveland is a 3 bedroom, 2 bathroom Unit and was built in 1999. The property has a land size of 153m2 and floor size of 156m2. While the property is not currently for sale or for rent, it was last sold in January 2021.
Lifestyle - This beautiful and spacious apartment overlooks Raby Bay Harbour and offers the envious boating and waterfront lifestyle in the Brisbane Bayside suburb of Cleveland. Only 40 minutes from Brisbane CBD and the Gold Coast this third floor apartment offers an opportunity to live in a secure apartment only walking distance to fabulous restaurants, boutiques, Cleveland CBD and transport as well as being a short boat ride out on to Moreton Bay where you can explore North Stradbroke and Moreton Islands.
Accommodation - this apartment offers 3 spacious bedrooms with built in robes and ceiling fans. The master bedbroom offers a walk through robe and ensuite with access to a private balcony and views from all windows. The open plan living and dining overlooks Raby Bay Marina and the two pack galley style kitchen includes granite benches, wall oven, insinkerator and dishwasher. There is also a second bathroom with bath, shower and vanity along with a guest's powder room.
Features - other features include ducted reverse cycle air conditioning throughout, large balcony, two car parks in a secure basement car park along with storage pen and on-site property management.
This immaculate property will suit those wanting to downsize and live the luxury of Raby Bay. An opportunity not to be missed.
The size of Cleveland is approximately 11.7 square kilometres. It has 55 parks covering nearly 19.2% of 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 9,051 properties. Over the last 5 years, Houses in Cleveland have seen a 95.95% increase in median value, while Units have seen a 97.48% increase. As at 31 October 2025:
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