6/14-16 Channel Street, Cleveland QLD 4163
6/14-16 Channel Street, Cleveland QLD 4163
3-bed townhouse in Cleveland | 130sqm floor area | 181sqm block | strata complex of 2,394sqm | Queensland Sotheby’s marketed
This townhouse occupies a compact but efficient footprint in a well-established strata complex, offering a rare combination of three bedrooms and two car spaces within a 130sqm layout. The 181sqm individual block provides private outdoor space without the maintenance burden of a larger property, making it suitable for downsizers or professionals seeking lock-and-leave convenience. The complex’s total lot size of 2,394sqm suggests shared amenities or generous common areas, which can enhance lifestyle appeal. Its positioning in Cleveland, a suburb with improving infrastructure and proximity to water, supports steady demand from owner-occupiers. The property is best suited to buyers prioritising low-maintenance living in a coastal suburb with solid fundamentals.
The primary risk lies in strata governance and fees, which are not disclosed in available data and could materially affect holding costs. The 181sqm block may limit expansion or significant landscaping, reducing appeal for families. The lack of recent sales history or rental data creates uncertainty around price justification, though the Domain estimate provides a benchmark. Buyers should commission a strata inspection and review sinking fund reports before proceeding. For a buyer seeking a well-located, low-upkeep townhouse in a growing suburb, this property offers a practical entry point with manageable risk, provided strata costs are verified and aligned with budget.
Detailed Independent Property Report prepared by PropCred Analyst team for 6/14-16 Channel Street, Cleveland QLD 4163
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
URL has been copied successfully!
Market Insight
Cleveland is a mature, owner-occupied suburb with a professional demographic, positioned as a relatively affordable coastal alternative for interstate buyers from Sydney and Melbourne. This migration, alongside low inventory, is driving strong demand, evidenced by houses selling in approximately 24 days. Recent annual price growth is robust, ranging from 10.6% to 18.1% for houses, supported by very low vacancy rates and solid rental yields. Future growth is underpinned by Southeast Queensland’s infrastructure pipeline, including the 2032 Olympics, though key constraints are acute supply shortages and affordability pressures from significant price appreciation and higher interest rates.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
2394m²
URL has been copied successfully!