466-486 Serpentine Creek RoadRedland Bay QLD 4165
Property Details for 466-486 Serpentine Creek Rd, Redland Bay
Last Listing description (October 2023)
Land area: 8.22Ha*
Within the Shoreline masterplanned community by Lendlease
Zoned Emerging Community and designated 'Urban Development' and 'Open Space Corridors' under the Shoreline masterplan approval
Indicative yield of 73 residential lots^
Currently operating as a large scale production nursery with significant infrastructure and buildings - ability to generate strong holding income pending development
35mins* to Brisbane CBD, 45mins* to the Gold Coast, 10mins* to the Redland Bay Marina and island boat services and in close proximity to a wide range of school, shopping, health and lifestyle amenity
Offered with vacant possession
For further information, please contact the Ray White Special Projects Qld Marketing Agents.
*approximately
^Subject to Council Approval
Property History for 466-486 Serpentine Creek Rd, Redland Bay, QLD 4165
- 20 Aug 2024Sold for $10,200,000
- 11 May 2023Listed for Sale For Sale
- 05 Mar 1991Sold for $230,000
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0About 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 7,866 properties. Over the last 5 years, Houses in Redland Bay have seen a 73.39% increase in median value, while Units have seen a 52.73% increase. As at 31 October 2024:
- The median value for Houses in Redland Bay is $947,501 while the median value for Units is $709,183.
- Houses have a median rent of $700 while Units have a median rent of $505.
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