FOR SALE
Offers Over $7.5 million

26-80 Kate Street
Macleay Island QLD 4184

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 27.07ha
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Unique 67 Acre Island Oasis

We present a unique opportunity to acquire this stunning 67-acre block of land located on Macleay Island, offering immense potential for various development projects. This expansive property boasts a picturesque setting and holds great promise for recreational, resort, or retirement village development, subject to council approval. With a rich history, including a previous Council consideration for development with an allocated budget of up to $80 million, this land represents an exciting investment prospect worthy of exploration with multiple high building sites, both waterfront and internal available.
As the demand for exceptional resort complexes and modern retirement communities increases, Macleay Island holds great potential to meet these needs. Expanding tourism and an aging population present an attractive market for retreating retirees or vacationers seeking a luxury getaway.
Recent media reports show the population growth on the islands is now three times the population growth of the mainland and the Redland City Council have acknowledged the growth of the islands by investing $48.6 million in new boat terminals for the four islands. A new $40 million Satellite Hospital was also recently built only mins from the mainland boat terminal and is now seeing patients which is providing Hospital Health care much closer to home for the Bay Residents.
Macleay Island is the second largest of the four Bay Islands, situated 30km from Brisbane in the Moreton Bay Marine Park at the southern end of Moreton Bay (half way between the Gold Coast and Brisbane). It is 6.5km long and 4km wide at its widest point. Protected by North Stradbroke Island to the east, Macleay is connected to the mainland by ferries and barges, which also connect to inter-island transport for the four Bay Islands. Services on the island include town water, NBN, hotel, golf course, boat club, bowls club, shops, school, and a $2 million new Arts Centre is now under construction.
This is a once in a lifetime unique opportunity and is on the market for the first time in 30 years.
*If you're looking for a contract, due diligence must be done before the contract.
Inspections by appointment
Kev Perry 0408108785
All About Realestate Qld
www.allaboutre.com.au
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Property Details for 26-80 Kate St, Macleay Island

Building Type
Land
Land Size
27.07ha

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About Macleay Island 4184

The size of Macleay Island is approximately 7.2 square kilometres. It has 9 parks covering nearly 6.2% of total area. The population of Macleay Island in 2011 was 2,571 people. By 2016 the population was 2,688 showing a population growth of 4.6% in the area during that time. The predominant age group in Macleay Island is 60-69 years. Households in Macleay Island are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Macleay Island work in a trades occupation. In 2011, 68.1% of the homes in Macleay Island were owner-occupied compared with 64.4% in 2016.

Macleay Island has 3,969 properties. Over the last 5 years, Houses in Macleay Island have seen a 84.38% increase in median value. As at 30 November 2024:

  • The median value for Houses in Macleay Island is $464,544 while the median value for Units is $627,691.
  • Houses have a median rent of $458.
There are currently 197 properties listed for sale, and 7 properties listed for rent in Macleay island on OnTheHouse. According to CoreLogic's data, 269 properties were sold in the past 12 months in Macleay island.

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