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44/29 Island Street, Cleveland QLD 4163

NOW $729,000+

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$729k - $765k Transparent Transparent Listing Based on an openly advertised listing price.

Townhouse 2 Beds 2 Baths 1 Car

Listed: 22nd Jul 2026

Updated: 3 days ago

Overview

Situated within one of Cleveland's prized gated communities, this spacious townhouse offers a seamless blend of comfort, convenience, and a low-maintenance lifestyle. Ideal for first home buyers, investors, professionals, or downsizers seeking security and ease of living, this property presents an attractive lock-up and leave option.

Its location at 44/29 Island Street places residents within comfortable walking distance to the vibrant Cleveland CBD, train station, shops, cafés, and essential amenities, enhancing everyday convenience.

The home encompasses two well-proportioned bedrooms, featuring a master suite with an ensuite bathroom, a walk-in robe, and a private balcony, providing a personal retreat. The light-filled ground floor hosts open-plan living areas, with separate lounge and dining spaces, complemented by a versatile open study ideal for working from home or quiet reading.

Outdoor living is facilitated by a private, fully fenced courtyard, perfect for entertaining guests or enjoying peaceful moments.

Two spacious bedrooms including master with ensuite and balcony
Two bathrooms enhancing convenience and privacy
Separate lounge and dining zones fostering comfortable living
Flexible open study supporting home office needs
Secure gated complex with on-site management ensuring safety
Single lock-up garage providing secure parking
Resort-style inground pool and communal barbecue area for relaxation and socializing
Meticulously maintained gardens enhancing the environment
Close proximity to train station and vibrant local amenities

This property strikes a balance between lifestyle quality, security, and location advantages, making it a noteworthy opportunity within Cleveland's property market.

The townhouse is currently tenanted at $450 per week until August 2026, with body corporate fees of $74.98 per week and rates approximately $970 per quarter inclusive of water. A rental appraisal estimates the property could achieve $650 per week, appealing to investors seeking stable income and long-term tenancy.

Local Market Insights

In Cleveland, Quiet Listings observed 5 new townhouses entering the market over the last 30 days, down from 6 during the previous 30-day period, with an average advertised asking price of $863,000. The property type mix of listed properties is predominantly Houses at 52%, followed by apartments (21%), and townhouses (15%). The most active agency for townhouses in the Cleveland area is currently Harcourts, representing 40% of new listings, followed by Remax with 40%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.