21/135-139 Shore Street W, Cleveland QLD 4163

Stylish bayside unit | 2-bed, 1-bath, 1-car | FTTP & balcony | Cleveland State School catchment This unit offers a rare combination of compact efficiency and genuine lifestyle positioning in a bayside pocket where supply is constrained. The 2-bed, 1-bath configuration with secure parking suits downsizers and professionals who prioritise location over square footage. Air conditioning and a balcony add daily livability, while NBN Fibre to the Building supports remote work without being a headline feature. School catchment for Cleveland State and Cleveland District State High broadens appeal to families seeking a foothold in the area. For a buyer targeting low-maintenance occupancy in a tightly held coastal suburb, this unit holds competitive edge over newer stock lacking the same walk-to-water proximity. The main risk is the absence of past sales data for this exact unit, making price anchoring uncertain. Off-market comparables on the same street suggest the land component drives value, but this unit’s smaller footprint means it trades on configuration, not land. Buyers should verify body corporate fees and any upcoming special levies, as these can erode yield. The rental estimate of $765–$810 weekly supports a solid gross return if purchased near the lower valuation range. Hold this unit as a lock-and-leave residence or a reliable income property in a suburb with limited new supply and steady demand from owner-occupiers.