7/38 Channel Street, Cleveland, QLD, 4163

7/38 Channel Street, Cleveland

Positioned just moments from the shimmering waters of Raby Bay, this immaculately presented tri-level townhouse delivers an exceptional blend of style, space, and low-maintenance comfort – all within a tightly held boutique development of only four homes. Tucked at the rear of the complex for maximum privacy and tranquility, this residence offers a relaxed bayside lifestyle with everything you need just a short walk away – from transport and shops to waterfront cafes, the iconic Grand View Hotel, and the Stradbroke Island Ferry.

Flooded with natural light and featuring a versatile, family-friendly layout, the home spans three spacious levels. On the first floor, open-plan living and dining areas flow seamlessly to a private, sun-drenched courtyard – ideal for entertaining or quiet coastal evenings. The modern kitchen is both stylish and functional, with stone benchtops, stainless steel appliances, and timber-look cabinetry. A separate study with external access, a powder room, and an internal laundry are thoughtfully included.

Upstairs, you’ll find three generously sized, air-conditioned bedrooms, including a master suite with a large ensuite. The top floor is home to a loft-style fourth bedroom or flexible multipurpose space – perfect as a rumpus, media room, home office, or creative retreat.

Key Features:
Tri-level townhouse in a boutique complex of only four
Private position at the rear of the development
Four bedrooms (or 3 + large loft/multipurpose space), all with air conditioning.
Master with ensuite and air-conditioning throughout
Modern kitchen with stone benchtops & European appliances
Open-plan living/dining with seamless outdoor flow
Dedicated study with external access
Powder room on the ground floor
Private courtyard for entertaining
Single remote garage + two car spaces
Low body corporate fees – approx. $60/week
Walk to cafes, shops, schools, ferry, and more
Under 5 minutes to the water’s edge
Ormiston College- Appro. 8 mins drive
Redland Hospital – Appro. 6 mins drive

Relevant Cost:
Body Corporate: $750/Q
Council Rate: $550/Q
Water Rate: $300/Q

This property is currently tenanted, offering an excellent cash flow opportunity. Whether you’re looking to invest, downsize, or embrace a fuss-free bayside lifestyle, this property offers incredible value and potential in one of Cleveland’s most sought-after locations.

Contact us today to arrange your private inspection or request more information.