4 Vernon St, Clontarf is a 8 bedroom, 4 bathroom BlockOfUnits with 3 parking spaces. The property has a land size of 632m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 8 bedroom BlockOfUnits sold in Clontarf in the last 12 months.
A prized investment opportunity awaits, offering a strong gross rental yield of approximately 6.7%. Situated only 1000m from beautiful Bramble Bay and the popular waterfront Pelican Park, this 632sqm property boasts an impressive rental history and is currently tenanted with long-term occupants. The property comprises four two-bedroom, one-bathroom apartments, making it a secure and consistent income generator in a thriving lifestyle location.
With a current return of $87,360 per annum, this investment already performs well, and the market indicates further potential for rental increases into the new financial year. Each unit is in good condition, featuring a functional layout with a long hallway leading to the kitchen and living space, while bathrooms are positioned at the rear toward the communal yard and three carports. Zoned "General Residential" with an 8.5m height limit, the property also holds future development potential.
Key Features:
+ Gross rental yield 6.7%
+ 632sqm block with four self-contained units, all currently tenanted
+ Returning $87,360 annually, with potential for future increases
+ Zoned 'General Residential' with an 8.5m-high building limit
+ Two-bedroom, one-bathroom layout in each unit
+ Communal yard, washing line, and three carports
+ Quiet bayside location within 25 minutes of Brisbane Airport and CBD
+ 1km to waterfront, close to schools, transport, and Redcliffe Hospital
Disclaimer: We have made our best endeavours to provide accurate information. We accept no responsibility for any errors or omissions. Buyers are encouraged to conduct their own due diligence.
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 4,555 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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