20 Eastbourne Terrace, Macleay Island, Qld 4184

$799,000 - Water views, Walk to ferry & shops

House
Type
4
Bedrooms
2
Bathrooms
4
Parkings
1,012 mΒ²
Area

Published on Tuesday, March 10, 2026 ( See property details for 20 Eastbourne Terrace, Macleay Island, Qld 4184)

$799,000 - Water views, Walk to ferry & shops

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile dual-residence property on a spacious block with water views, ideal for investors or extended families seeking flexible living options on Macleay Island.

🏑 Property Highlights

  • Dual modern residences with separate living spaces for flexible living or rental income
  • Excellent water views from both levels, enhancing the property's appeal
  • Immediate rental income of $840 per week with potential for increase
  • Prime location just a short stroll to ferry terminal, cafes, and village hub
  • Solar panels installed, offering energy efficiency and rebate benefits
  • Generous 1,012m² block with side access and ample storage options

✨ Key Features

  • Built-in Robes
  • Outdoor Area
  • Garage
  • Open-Plan Living
  • Waterfront / Views
  • Solar Panels
  • Balcony
  • Ensuite
  • External Storage (Shed/Linen)
  • Security Screens / Gates
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20 Eastbourne Terrace
Macleay Island, QLD 4184
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Vertical aerial view β€” 20 Eastbourne Terrace
20 Eastbourne Terrace — Vertical Aerial  •  Macleay Island, QLD 4184  •  Nearmap © 2026

Macleay Island offers a relaxed island lifestyle with stunning water views, convenient ferry access, and a close-knit community. The area features local cafes, shops, and recreational activities, making it ideal for both investment and family living. Its peaceful environment combined with modern amenities makes it a highly desirable location for those seeking a tranquil yet connected lifestyle.

What are the current rental yields and potential for future income growth?
The property currently generates $840 per week in rental income, with potential for further increase based on market conditions and rental demand.
Are there any planning or zoning restrictions for future development or modifications?
Potential buyers should verify with local council regarding zoning regulations and any restrictions that may apply to modifications or future development.
What is the condition of the property and are there any recent renovations?
The property is a modern build, offering contemporary features and low maintenance, with no known major defects or required renovations.
Is the property flood or bushfire prone?
Macleay Island is generally considered low risk for flooding and bushfires, but prospective buyers should review local hazard maps for specific details.
Are there any upcoming developments or infrastructure projects in the area?
Potential buyers should consult local planning authorities for information on future developments or infrastructure projects that may impact the area.
Are there any additional costs such as strata fees, council rates, or body corporate charges? Has the property been inspected for pests, structural issues, or water damage? Are there any easements, covenants, or zoning restrictions affecting the property? Is there any history of flooding or drainage issues on the property? Are there any planned or ongoing construction projects nearby that could affect privacy or noise levels? What are the terms of the current tenancy agreements, and are there any lease conditions to be aware of? Are there any warranties or guarantees on the solar panels or other recent upgrades? Is the property compliant with all local building codes and safety standards? Are there any restrictions on future modifications or extensions to the residences? What are the details regarding the property's title and any encumbrances?

20 Eastbourne Terrace, Macleay Island, Qld 4184 - More Details

$799,000 - Water views, Walk to ferry & shops

Positioned just a short stroll from the ferry terminal and village hub, 20 Eastbourne Terrace presents a fantastic opportunity for investors seeking immediate income with rental increase potential, or extended families looking for flexible dual living.

Set on a generous 1,012mΒ² block, the property comprises of two modern residences, both two-bedrooms and one-bathroom, positioned one above the other. The elevated position captures pleasant water views and enjoys a genuine easy stroll to the ferry, cafΓ©s and main village hub....No need for an island car!

The lower residence is currently tenanted and achieving $420 per week, providing instant income from settlement. The upper residence, also achieving $420 per week, will be vacant from Monday 16th March 2026, offering flexibility to either move straight in or re-lease the property, with potential to increase the rental return in the current market. With $840 per week as a starting point, the property represents a savvy investment opportunity.

Both residences feature light-filled open plan living, well-appointed kitchens and comfortable bedrooms with built-in wardrobes. Each level enjoys its own spacious balcony, where the water views (particularly from the upper level) can be appreciated.

Designed with practicality in mind, the property benefits from individually metered electricity, making dual tenancy straightforward. Solar panels are installed, with the upper residence currently receiving the benefit of the solar rebate. Being a modern build, the home offers the comfort and efficiency of a newer property without the maintenance often associated with older homes.

Additional features include a double garage, side access, ample storage and excellent flexibility.

Whether you are seeking a smart investment with immediate dual rental income, a home where you can live in one and rent the other, or a property that comfortably accommodates extended family living, this well-positioned island property offers both opportunity and versatility.

Contact Ebony to arrange your private inspection and ferry terminal pick-up.

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained here is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or mis-statements contained in this document. Prospective purchasers should make their own enquiries to verify the information contained here.

Property Code: 3332
Type
House
Bedrooms
4
Bathrooms
2
Parkings
4
Area
1,012 mΒ²

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