4 Myer St, Redland Bay is a 5 bedroom, 3 bathroom House with 3 parking spaces and was built in 1979. The property has a land size of 319m2 and floor size of 210m2. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 5 bedroom House sold in Redland Bay in the last 12 months.
This incredible dual living residence offers the ultimate in flexibility for multi generational living, dual occupancy or investment potential. Featuring a 4 bedroom, 2 bathroom home upstairs and a 1 bedroom, 1 bathroom granny flat downstairs, it's perfectly designed for those looking to generate strong rental income, live in one and lease the other, or accommodate extended family with complete privacy and independence. Positioned only minutes from the bay, jetty, golf club, shopping village and schools this location delivers both lifestyle and long term growth potential. Upstairs | Spacious Family Living 4 generous bedrooms with new flooring & ceiling fans Master retreat with air conditioning, oversized ensuite & custom walk-in robe Stylish kitchen with island bench, gas cooktop & double pantry Open plan living flowing to a full-length veranda Light-filled interiors capturing beautiful bay breezes Security screens throughoutDownstairs | Fully Self-Contained Granny Flat Private 1 bedroom residence with separate entry Renovated kitchen with stone waterfall bench & quality appliances Spacious open plan living with plantation shutters Oversized bedroom with ensuite & walk-in shower Separate toilet for added functionality Dedicated laundry & secure accessOutdoor Features Dual occupancy design with completely separate entrances Wide epoxy driveway + double garage with epoxy flooring Large covered side access for boat, caravan or motorhome 10m shed on concrete pad + additional garden shed Fully fenced 659m block with defined outdoor zones Quiet cul-de-sac location with minimal trafficWith two fully self contained residences and private, separate access, this is a rare chance to secure an income producing property in one of Redland Bay's most sought after pockets.Rental Potential: Main Residence (4 Bed | 2 Bath | 2 Car): $850 $900 per week Granny Flat (1 Bed | 1 Bath | 1 Car): $450 $520 per weekEstimated Combined Return: $1,300+ per weekNo Body Corporate Fees! Whether you're an investor chasing high yield returns, a buyer wanting a live in and rent out opportunity, or a family needing true separation for multi generational living, this property delivers flexibility, privacy and strong income potential.Contact Donna Marie to arrange your private inspection or join us at the next open home. We can't wait to welcome you home.
The size of Redland Bay is approximately 47.6 square kilometres. There are 40 parks, covering nearly 13.5% of the total area. The population of Redland Bay in 2016 was 14958 people. By 2021 the population was 17056 showing a population growth of 14.0% in the area during that time. The predominant age group in Redland Bay is 10-19 years. Households in Redland Bay are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Redland Bay work in a trades occupation.In 2021, 75.50% of the homes in Redland Bay were owner-occupied compared with 73.20% in 2016.
Redland Bay has 8,392 properties. Over the last 5 years, Houses in Redland Bay have seen a 91.96% increase in median value, while Units have seen a 108.08% increase. As at 31 May 2026:
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