THE OPPORTUNITY

1 Galeen Street, Point Lookout is a 645m Local Centrezoned corner site with dual street frontage, positioned directly within the island’s commercial precinct.

Local Centre zoning is tightly held on Minjerribah (North Stradbroke Island), with only a small portion of properties carrying this designation. With over 90% of the island protected as National Park, future development is limited to existing zoned land.

This site represents one of the final opportunities within the established village centre.
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THE ASSET
Land Area: 645m (Lot 1 RP121819)
Frontage: 20m Galeen Street | 32m Endeavour Street
Zoning: Local Centre (mixed-use)
Permitted Uses: Retail, caf, office, healthcare, residential, short-stay accommodation
Existing Improvements: Approx. 150m commercial building
Tenancy: Existing lease in place
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THE SITE
Corner position with dual street access
Located within Point Lookout’s commercial strip
Walking distance to supermarket, post office, and key amenities
Elevated position with outlook potential
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THE POTENTIAL
Local Centre zoning supports a mix of uses, including:
Ground-floor retail or commercial
Residential or short-stay accommodation above
Office or healthcare suites
Mixed-use development outcomes
Preliminary concept material is available to qualified parties.
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THE MARKET
Point Lookout is a constrained island market driven by:
Limited land supply due to National Park coverage
Established tourism demand
Tight commercial zoning availability within the village
Development opportunities within the commercial precinct are rare.
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DUE DILIGENCE
A data room is available to qualified buyers, including:
Title search
Survey plan
Planning documentation
Concept material
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INSPECTIONS & ENQUIRIES
Site inspections by appointment
Submit an enquiry to request access to the data room

CONTACT Rocco Pennisi for more information

Disclaimer: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate but make no representation or warranty as to the accuracy or completeness of the information relating to this property. Prospective purchasers should make their own enquiries in respect of any property or information in this advertisement. We accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained therein.