Welcome to this beautifully crafted residence where light, space and thoughtful design come together to create an inviting coastal inspired haven. Positioned in one of Cleveland’s most sought-after enclaves, this exceptional three storey residence offers effortless living for families, multigenerational households or those seeking flexible spaces. Surrounded by lush tropical gardens backing onto your own private tropical bush outlook, just moments from the bay, the property delivers a rare combination of lifestyle, privacy and income earning potential. One of the standout features is the self-contained private guest suite on the lower level. Complete with its own entry, bathroom and kitchenette, it functions effortlessly as a retreat for extended family, visiting guests, dual or independent living. The space is currently operating as short-stay accommodation, generating up to $2,800 per month, providing buyers with an immediate income stream or the opportunity to offset mortgage costs from day one. A recent guest stated "We stayed here whilst racing at the National Swimming Championships in Chandler, what an absolutely beautiful and peaceful place to rest, refuel and recover each night. So close to everything we needed and the lookout onto the surrounding rain forest was just stunning! Thank you for having us." A link to the AIRBNB listing is provided below. Upstairs, the main living zones flow beautifully to the outdoor entertaining areas, capturing natural light and coastal breezes. The kitchen, dining and lounge spaces have been styled to highlight the home’s relaxed, contemporary feel, while the bedrooms offer comfort and privacy for the whole family. Rich, warm timber floors and beautifully oiled timber decks, are indicative of the comfortable high end finishes this home has to offer. Airconditioning throughout the home ensures year-round comfort. Whether you’re seeking a home that adapts to changing family needs, a dual living arrangement, or a property with genuine income earning potential, this residence delivers a rare level of versatility in a highly sought after location. Key Features: -Five generous bedrooms across multiple levels, ideal for families of all stages -Four modern bathrooms, including well-appointed ensuites -Luxurious master suite with walk-in robe and private balcony access -Gourmet kitchen featuring extra-wide stone island bench and quality appliances -Multiple indoor–outdoor living zones, including: -Screen enclosed verandah off the main living area -Covered verandah for year-round entertaining -Private balcony off the top-level bedrooms -Private patio off lower ground retreat -Covered area ideal for a home gym -Flexible lower-level retreat with its own kitchenette, living area, bedroom, and bathroom— perfect as a second income opportunity, teenage retreat, guest accommodation, or expansive rumpus -Dedicated home office with its own external access, ideal for business owners or remote work -Exceptional storage, including a large storage/workshop room plus an additional storage room -Double garage plus extra off-street tandem parking for guest vehicles -Low maintenance tropical landscaping surrounding the property for a private, tranquil feel Lifestyle & Location: Nestled in the exclusive Oyster Point enclave, this home offers a rare blend of seclusion and convenience. Enjoy your own private rainforest style setting while just: -A short walk to the North Stradbroke Island Ferry -Minutes to Cleveland’s cafes, shops, schools, and waterfront parks -45-minute drive to Brisbane City This is a home that truly offers it all — space, flexibility, privacy, and a premium bay side lifestyle. Whether you’re a growing family, multigenerational household, or someone seeking dual income potential, this property is designed to adapt beautifully to your needs. https://www.airbnb.com.au/rooms/795786845693371452?adults=1&search_mode=regular_search&check_in=2026-05-05&check_out=2026-05-10&children=0&infants=0&pets=0&source_impression_id=p3_1777584361_P3lbNI_LlibPi3jh&previous_page_section_name=1000&federated_search_id=a742bd68-83d1-42c8-897a-3eefb87ce586 Contact Mark to book a private inspection.
RealistIQ deal score
Good value signal
66
/100
Review the estimated value range, comparable sales, suburb trends, and market signals for 9 Princess Street, Cleveland before you inspect or make an offer.
Independent price check
Estimate vs market price guide
Market price guide is $334,000 below RealistIQ estimate
Use this as a second opinion and check the comparable sales below.
RealistIQ estimate range: $1,442,000 - $2,776,000Wider ranges mean more uncertainty.
RealistIQ estimate$2,109,000
Market price guide$1,775,000
$1,442,000$2,776,000
Before you inspect, check what similar properties actually sold for.