131 Elizabeth Ave, Clontarf is a 10 bedroom, 5 bathroom Unit with 10 parking spaces and was built in 1960. The property has a land size of 1270m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 10 bedroom Unit sold in Clontarf in the last 12 months.
In a location recognised for its strong annual compound growth, minutes from the waterfront and central Redcliffe, is this enormous property offering. Spanning two titles, totalling 1,270sq m, this is a rare opportunity to secure an unusual and exciting multi-stream investment in General Residential development zoning.
The complex in its entirety includes five flats, all of which are currently rented by long-term reliable tenants. Two units have been beautifully renovated, while the remaining three units are in their original condition. Each unit has one covered carport attached, and three have separate laundry facilities.
Flat 1
+ Two bedrooms with a fully renovated bathroom and kitchen, front of complex
+ Open-plan living, kitchen and dining with contemporary fittings and fixtures
+ Air-conditioning, ceiling fans, tiled flooring, double wardrobes, internal laundry
Flat 2
+ Two bedrooms, one bathroom with a shower
+ Open-plan living, kitchen and dining with original fittings and fixtures
+ Private balcony, internal laundry
Unit 3
+ Two bedrooms, one bathroom with a shower
+ Open-plan living, kitchen and dining
Unit 4
+ Two bedrooms, one bathroom with a shower
+ Open-plan living, kitchen and dining with original fittings and fixtures
Unit 5
+ Two bedrooms with a renovated bathroom, rear of complex
+ Renovated open-plan living, kitchen, and dining with contemporary features and finishes
+ Air-conditioning, ceiling fans, hardwood flooring, double wardrobes
This prime investment opportunity in a large growth area offers but is not limited to:
+ Strong 1,270sq m investment opportunity across two titles, exciting growth region
+ Five flats, all with a solid tenancy record, each with a covered carport, returning approximately $105,000 per annum
+ Two of the five units, at the front and rear, have been renovated
+ 1.3km to Clontarf Beach and Redcliffe Golf Course, 22 minutes to BNE Airport
+ Eight minutes to Redcliffe Hospital, waterfront markets and the iconic Redcliffe Jetty
*Disclaimer - We have made our best endeavours to provide accurate information. We accept no responsibility for any errors or admissions. Buyers are encouraged to do their own research.
The size of Clontarf is approximately 9.9 square kilometres. It has 24 parks covering nearly 26.3% of total area. The population of Clontarf in 2016 was 8279 people. By 2021 the population was 8446 showing a population growth of 2.0% in the area during that time. The predominant age group in Clontarf is 50-59 years. Households in Clontarf are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Clontarf work in a professional occupation.In 2021, 63.50% of the homes in Clontarf were owner-occupied compared with 62.30% in 2016.
Clontarf has 4,556 properties. Over the last 5 years, Houses in Clontarf have seen a 99.92% increase in median value, while Units have seen a 113.59% increase. As at 30 November 2025:
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