The absolute best block in the Redland Bay Waterfront in the Queensland Government Priority Development Area (PDA) is now offered for sale.

The 799m2 site has uninterrupted water views from all levels. Located in a soon to be completed cul-d-sac opposite the water, this lot cannot be built out. The site has approval for 12 executive style 3 bedroom units with 2 car accommodation or 18 x 2 bedroom units. The choice is yours.

The location will have waterfront parkland immediately in front, a supermarket and restaurant precinct 200metres to the south and ferry terminal, boat ramp and other harbour amenities a further 200 metres adjacent. There is bus transport to the door and the Redland Bay Shopping Village is only 1 kilometre away.

The current owner is reluctantly selling as he is fully committed to other projects.

Asking for offers over $1.7m. The property comes with a holding income of approx. $1,000pw.

If you are looking for the perfect $10m – $15m medium density development opportunity, you can’t go past this one.

Please contact Ian Shortell for information.