$1,299,000 PLUS - 2 LOTS Redland Bay 15 MARINE Street

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15 Marine Street, Redland Bay QLD 4165

Under Contract

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$1.5M - $2M Medium Confidence Calculated based on our search observations.

House 4 Beds 1 Bath 2 Cars 1012 m²

Listed: 28th Jul 2026

Updated: 6 hours ago

Overview

This property presents a rare opportunity to secure a prime medium-density development site in the heart of Redland Bay. Featuring two adjoining lots totaling 1012 square metres with dual street frontage, this site invites a range of development possibilities including townhouses, duplexes, and apartments subject to council approval. Its sizeable area and location ensure strong long-term investment potential, especially as government initiatives increasingly support medium-density housing.

Currently, the block hosts a well-presented, light-filled home that generates ongoing rental income, providing a holding opportunity while planning your development. The residence offers a spacious layout comprising four bedrooms, complemented by air-conditioning and ceiling fans to ensure comfort. The modern kitchen, outfitted with stainless steel appliances, serves the adjacent living area which opens onto a generous verandah, enhancing indoor-outdoor flow. Practical touches such as timber-look vinyl flooring, a main bathroom with a double vanity, a large internal laundry, and security screens further contribute to the home’s appeal.

Positioned just a short stroll from the waterfront and the amenities of Redland Bay including Woolworths, cafes, takeaways, pharmacies, and medical centres, this site supports a lifestyle of convenience while retaining development flexibility. Whether an astute developer or investor, the combination of immediate income and future growth opportunities makes this an attractive prospect in a flourishing suburb.

Two adjacent lots with combined 1012 sqm land area and dual street frontage
Functional, light-filled family home with four bedrooms and a double tandem garage
Contemporary kitchen and spacious living opening to a sizeable verandah
Modern comforts including air-conditioning, ceiling fans, and security screens
Proximity to waterfront and comprehensive local amenities for lifestyle convenience

This property stands out as an excellent convergence of present usability and future potential in Redland Bay’s evolving real estate market.

Local Market Insights

In Redland Bay, Quiet Listings observed 67 new houses entering the market over the last 30 days, up from 64 during the previous 30-day period, with an average advertised asking price of $1,292,157. The property type mix of listed properties is predominantly Houses at 88%, followed by land (6%), and townhouses (3%). The most active agency for houses in the Redland Bay area is currently LJ Hooker, representing 16% of new listings, followed by Remax with 16%. 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.