FOR SALE
EOI Closing 12 November 2024 4pm (AEST)

144-150 Broadwater Terrace
Redland Bay QLD 4165

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2218m2
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2,218m²* Bayside Development Site

• Land area: 2,218m²* across four titles
• Positioned one block from the broadwater with future projects benefiting from sweeping views across the bay to the east
• State Government declared State Facilitated Development Site, providing potential building height uplift up to 10 stories (Subject to State Approval)
• State Facilitated Development Declaration permitting a potential yield of up to 75 dwellings which would include a 15% affordable housing component
• Designated District Centre zone permitting a wide range of commercial and residential uses including Multi Dwelling Residential, Commercial, Medical, Childcare, Social and Affordable Housing, and Build to Rent^
• Predominantly cleared and level infill site with 59m* street frontage
• Amenity rich position within Redland Bay business precinct providing walkable proximity to Woolworths anchored Redland Bay Shopping Centre, IGA, medical centres, dentists, Cafes, local butchery and bakery, pharmacy and local restaurants.
• Council Bus Stop provided adjacent the site providing convenient accessibility to key business nodes of Brisbane without having to get in the car
• Walking distance to the nearby Redland Bay Hotel which has undergone substantially recent renovations
• Short drive to Stradbroke Island Ferry Terminal
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Property Details for 144-150 Broadwater Tce, Redland Bay

Building Type
Commercial
Land Size
2218m2

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About Redland Bay 4165

The size of Redland Bay is approximately 47.6 square kilometres. It has 40 parks covering nearly 13.5% of total area. The population of Redland Bay in 2011 was 13,625 people. By 2016 the population was 14,971 showing a population growth of 9.9% in the area during that time. The predominant age group in Redland Bay is 40-49 years. Households in Redland Bay are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Redland Bay work in a trades occupation. In 2011, 72.6% of the homes in Redland Bay were owner-occupied compared with 73.2% in 2016.

Redland Bay has 7,862 properties. Over the last 5 years, Houses in Redland Bay have seen a 74.06% increase in median value, while Units have seen a 39.67% increase. As at 30 September 2024:

  • The median value for Houses in Redland Bay is $951,701 while the median value for Units is $708,898.
  • Houses have a median rent of $695 while Units have a median rent of $505.
There are currently 107 properties listed for sale, and 31 properties listed for rent in Redland bay on OnTheHouse. According to CoreLogic's data, 581 properties were sold in the past 12 months in Redland bay.

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