3/139 Princess Street Cleveland QLD 4163

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3/139 Princess Street, Cleveland QLD 4163

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$750k - $800k Medium Confidence Calculated based on our search observations.

Townhouse 2 Beds 2 Baths 1 Car

Listed: 7 days ago

Overview

This well-positioned townhouse offers a rare combination of affordability and convenience in Cleveland's established bayside community. Set within an exclusive complex of just four units constructed in 1990, this property promises a low-maintenance lifestyle ideal for first-home buyers or investors seeking a reliable asset.

The layout's smart use of space includes two bedrooms and one and a half bathrooms, complemented by a secure lock-up garage with internal access, helping to maximise comfort and practicality. The compact footprint and warm interiors deliver a manageable and inviting living environment.

Residents benefit from proximity to local amenities including shopping, schools, public transport, dining venues, and waterfront attractions. The location supports everyday ease and offers strong investment appeal with a potential gross rental yield around 4.2%, reflecting both demand and income potential in this sought-after locale.

With limited opportunities arising in this tightly held complex, this townhouse stands out as an accessible entry point into the property market or a solid addition to an investment portfolio, combining location, community, and functional living.

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 Remax, representing 40% of new listings, followed by Harcourts 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.