Overview

RWC Queensland is pleased to present a prime 994sqm block with highly sought-after District Centre Zoning, which comes with an existing Development Approval (DA) (MCU24/0214) and straightforward Operational Works (OPW).

The approved plans allow for a mixed-use development featuring 10 two-bedroom residential units along with 3 ground-floor retail units, providing an excellent opportunity to capitalize on the strong local demand.

Key Site Highlights:

• DA Approved & Ready to Build: With Redland City Council approval (MCU24/0214) already secured, the path to construction is streamlined, saving valuable time and resources.
• High-Demand Product: The approved plan includes 10 two-bedroom units, a property type that is in high demand in Redland Bay, which has seen a significant 26.4% growth in median price over the last year, alongside a tight rental market with high yields.
• Prime Location: Located in a Major Activity Centre, the property is directly across from the Redland Bay Shopping Centre and is within easy reach of the Redland Bay Marina, local schools, and major infrastructure.
• Growth Hotspot: Redland Bay is part of the Redlands Coast, a region experiencing dynamic growth, significant infrastructure investment (including the Weinam Creek PDA and Shoreline development), and a projected population increase, ensuring long-term demand.
• Lifestyle Appeal: The area offers a desirable, relaxed coastal lifestyle with a strong community feel, attracting families and retirees who appreciate the balance of natural beauty and urban convenience.

The Approved Development Plan at a Glance:

The architectural plans outline a modern, multi-level building with all car parking on the ground floor.

• Ground Floor (Level 1): 3 commercial retail shops (51sqm, 64sqm, 51sqm), a service bay, secured residential car parking (15 spaces), and visitor parking.
• Levels 2 & 3: A total of 10 two-bedroom residential units, ranging in size from 75sqm to 95sqm, each featuring private balconies and contemporary layouts.
• Building Materials: The design incorporates a high-quality material schedule including painted rendered masonry, aluminium framed glazing, and select facebrick, ensuring a durable and attractive finish.

This is a turnkey development site offering a rare opportunity to invest in one of Southeast Queensland's most promising coastal markets.

All potential uses are subject to council approval (STCA). Approximate measurements, boundaries, and information provided. Artist impressions are indicative only.

Location