102 Anzac Avenue
Redcliffe, QLD 4020

Overview

First Time on the Market in 75 Years - Redcliffe Hospital Precinct

Located in one of the most strategically important growth areas on the Redcliffe Peninsula, 102 Anzac Avenue offers a substantial investment and development opportunity within the heart of the established health and commercial precinct. This property presents a rare chance for developers and investors alike to engage with a significant landholding that has not been available on the market for 75 years.

The site comprises a 4,047 square meter land parcel directly adjoining Redcliffe Hospital, providing exceptional potential for a variety of development outcomes. The flexible zoning supports higher density projects including medical facilities, mixed-use developments, short-term accommodation, and residential options. The property benefits from dual street frontage on Anzac Avenue and Sheehan Street, allowing for versatile site circulation, servicing, and design possibilities. Additionally, a 21-meter height allowance and multiple service points enhance the development flexibility.

For investors, the property currently generates a reliable holding income of $165,000 per annum through periodic leases across five tenancies, offering opportunities for asset refurbishment and repositioning. The Redcliffe Peninsula is undergoing rapid transformation, positioning itself as the northern beaches of Brisbane. Key infrastructure developments such as the Peninsula rail line, foreshore upgrades, and major health and community projects are driving sustained demand from residents, businesses, and developers.

Key features of the property include:

• Dual frontage with main road exposure to Anzac Avenue and valuable rear access via Sheehan Street, providing flexibility for site circulation and servicing.
• Centre (Health) zoning that supports high-density mixed-use, medical, short-term accommodation, or residential developments.
• Immediate holding income of $165,000 from four tenants across a mix of buildings.
• Prime location directly adjoining Redcliffe Hospital within a tightly held medical precinct.

With greenfield sites now scarce on the peninsula, this property represents one of the few remaining under-developed parcels that will shape the future of the Redcliffe commercial market. The opportunity to acquire this significant landholding via offers to purchase closes on Friday, 24 April 2026 at 4:00 pm (AEST).

Location