13 Savannah Street, Redcliffe QLD 4020

Dual living, central Redcliffe | Granny flat added post-2020 | Fully self-contained | No overlays, solid elevation The primary buying case here is the rare dual-dwelling configuration on a single title, which effectively delivers two income streams or multigenerational living without strata fees. The granny flat was added after the last sale in 2020, meaning the property has been upgraded with modern finishes and separate amenities, including its own kitchen, laundry, and private balcony. This suits an investor seeking strong rental yield in a tight market, or a family wanting a self-contained space for older children or parents. The main residence is generously sized with three bedrooms and a flexible room, and the block is flat with no flood or bushfire overlays, which reduces insurance and holding risk. Location is walkable to Redcliffe’s core, with good school catchment and reliable mobile coverage. The main risk is that the property is listed well above its estimated value, and the rental potential of $640 per week does not support the asking price on yield alone. The granny flat adds value, but careful due diligence is needed on council compliance for the second dwelling, as the prior sales history shows a different bedroom count. The block’s 44% site coverage is relatively high, limiting future extension options. For a buyer, the opportunity lies in negotiating hard, using the gap between list price and estimated value as leverage. If acquired near the lower end, this property offers solid cash flow and long-term flexibility. Hold for rental income or occupy the main house and let the granny flat cover most of the mortgage