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50 Ocean Street

Cleveland, QLD 4163, Australia

Offers above $1,275,000

3 bed 1 bath 2 car405m²

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Multi-dimensional analysis · last updated 06/05/2026

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Schools

Data unavailable

Zoning

LDR — Low Density Residential

Redland City Plan 2006

Public transport

Data unavailable

Traffic

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Flood risk

Medium

Cleveland is located in the Redland City region on the bayside approach to Moreton Bay, with proximity to the Logan River catchment and local waterways that drain toward the bay. While not in the immediate high-risk zone of the Brisbane or Logan Rivers proper, Cleveland has moderate flood risk from storm surge, localised drainage congestion, and tributary flooding. Properties should be checked against current Redland City Council flood overlays and historical inundation records before purchase or development.

Bushfire risk

Data unavailable

Crime profile

average

Trend: stable

Nearby development

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Heritage

Conservation area

Cleveland is a historic waterfront locality on the bayside with modest local heritage significance centred on its early 20th-century civic and commercial precinct. The suburb has a heritage conservation area covering the town centre and established residential streets, protecting the character of buildings from the Federation and early interwar periods. Most residential properties outside the formal conservation overlay are not individually listed, but the area maintains general development controls to preserve its historical character.

Sources: Australian Gov open data + StMate AI

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About this property

Secure a solid investment with reliable tenants already in place and eager to stay long-term. With a lease secured through to March 2027 at $700 per week, this property delivers immediate rental income and peace of mind. Set on a level 405m² block in a sought-after pocket of Cleveland, the opportunities here are endless. Hold as a strong-performing investment, renovate to add value, or land bank and build your dream home in the future. A rare chance to secure a versatile property in a prime bayside location. Don't miss out! Features include: 3 bedrooms 1 bathroom Air-conditioned upstairs lounge Dishwasher Downstairs rumpus room Downstairs toilet and laundry External stairs Double lock-up garage Fully fenced Currently rented at $700 per week until March 2027 Cleveland is a highly sought-after suburb, combining prestige homes and quality apartments close to the vibrant town centre. Enjoy being just moments from Raby Bay Marina, popular cafés and restaurants, Cleveland Bowls Club, Cleveland RSL, scenic Cleveland Point and the beautiful Moreton Bay foreshore. With shops, schools, medical facilities including Redland Hospital, and excellent public transport options all nearby, everything you need is within reach. Located just 35 minutes to Brisbane Airport, 40 minutes to the CBD, and around one hour to the Gold Coast. Disclaimer: This property is being sold without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. Prospective buyers are advised to carry out their own investigations and due diligence.