23 Vera Street, Redland Bay QLD 4165

5 bed dual living | corner block opposite parkland | high owner-occupier street | flexible layout for multigenerational use This property’s competitive strength lies in its dual living configuration on a corner block, which is rare in Redland Bay. The separate access, private living spaces, and fenced yard allow for independent occupancy without structural changes, making it suitable for extended family or a home office setup. Positioned opposite parkland and near the waterfront, the house benefits from a tranquil setting that appeals to families seeking space and privacy. The fully fenced, landscaped block with mature trees adds a layer of seclusion that is uncommon in newer developments. The main risk is the property’s age and the potential need for updates to systems like air conditioning or kitchen appliances, which may not meet current buyer expectations without investment. The corner block, while offering dual access, also means more boundary exposure and potential for street noise. However, the flexible layout and high owner-occupier street profile support stable long-term value. For a buyer, this house works best as a hold for multigenerational living or as a rental with dual income potential, given the separate living zones.