Favourable Medium Density Residential zoning which falls within the Weinam Creek
Priority Development Area, allowing for development up to five (5) storeys (STCA);

Option One

- Rarely available elevated 2,030m2 development site capturing an elevated view over Moreton Bay and Redland Bay’s Marina
- Favourable Medium Density Residential zoning.
- Falls within the Weinam Creek Priority Development Area, allowing for development up to
five (5) storeys (STCA)
- Current improvements include two (2) residential dwellings providing holding income;
- Close proximity to the Redland Bay Marina, Villa World’s Seascape, retail amenity, schools and public transport infrastructure
- Located in Redland Bay, which has a strong population growth rate, low rental vacancy rates and a high level of infrastructure investment.
- Walk to terminal (bus & ferry transport hub) over 100,000 customers per month
- Offered subject to ‘development approval’
- Development potential: 42 plus apartments (STCA)

Option Two:
- Consolidation of 5,511m2 in land with a total with 120.7m frontage.
- Development potential: 122 aged care apartment (STCA)