7/38 Channel St, Cleveland is a 4 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2011. The property has a land size of 199m2 and floor size of 128m2. While the property is not currently for sale or for rent, it was last sold in June 2025.
7/38 Channel Street, Cleveland
Positioned just moments from the shimmering waters of Raby Bay, this immaculately presented tri-level townhouse delivers an exceptional blend of style, space, and low-maintenance comfort all within a tightly held boutique development of only four homes. Tucked at the rear of the complex for maximum privacy and tranquility, this residence offers a relaxed bayside lifestyle with everything you need just a short walk away from transport and shops to waterfront cafes, the iconic Grand View Hotel, and the Stradbroke Island Ferry.
Flooded with natural light and featuring a versatile, family-friendly layout, the home spans three spacious levels. On the first floor, open-plan living and dining areas flow seamlessly to a private, sun-drenched courtyard ideal for entertaining or quiet coastal evenings. The modern kitchen is both stylish and functional, with stone benchtops, stainless steel appliances, and timber-look cabinetry. A separate study with external access, a powder room, and an internal laundry are thoughtfully included.
Upstairs, you'll find three generously sized, air-conditioned bedrooms, including a master suite with a large ensuite. The top floor is home to a loft-style fourth bedroom or flexible multipurpose space perfect as a rumpus, media room, home office, or creative retreat.
Key Features:
Tri-level townhouse in a boutique complex of only four
Private position at the rear of the development
Four bedrooms (or 3 + large loft/multipurpose space), all with air conditioning.
Master with ensuite and air-conditioning throughout
Modern kitchen with stone benchtops & European appliances
Open-plan living/dining with seamless outdoor flow
Dedicated study with external access
Powder room on the ground floor
Private courtyard for entertaining
Single remote garage + two car spaces
Low body corporate fees approx. $60/week
Walk to cafes, shops, schools, ferry, and more
Under 5 minutes to the water's edge
Ormiston College- Appro. 8 mins drive
Redland Hospital - Appro. 6 mins drive
Relevant Cost:
Body Corporate: $750/Q
Council Rate: $550/Q
Water Rate: $300/Q
This property is currently tenanted, offering an excellent cash flow opportunity. Whether you're looking to invest, downsize, or embrace a fuss-free bayside lifestyle, this property offers incredible value and potential in one of Cleveland's most sought-after locations.
Contact us today to arrange your private inspection or request more information.
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 9,262 properties. Over the last 5 years, Houses in Cleveland have seen a 81.12% increase in median value, while Units have seen a 88.58% increase. As at 30 June 2026:
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