For the first time in over 70 years, Cushman & Wakefield are pleased to present 115-131 Redcliffe Parade, Redcliffe to the market for sale via Expressions of Interest, closing Thursday 6 June 2024.
115-131 Redcliffe Parade, Redcliffe represents one of the suburbs best development opportunities to be offered to the market in recent years, and offers the following characteristics:
Land area of 2,547sqm* with dual street frontage to Redcliffe Parade & Sutton Street
Approved for a 12-storey, 82-unit oceanfront development with 748sqm* of retail GFA - designed by revered architect Noel Robinson
Revenues for developers are underpinned by the ability to achieve premium ocean view lines
Improved by the 'Pier Theatre', an iconic retail building which provides short-term holding income
Located 27km* north of the Brisbane CBD, Redcliffe is positioned in the rapidly expanding Moreton Bay Region.
Benefits from immediate proximity to range of eateries and restaurants, in addition to traditional coast amenity.
The region's record population growth and historically low vacancy rates provide favourable market conditions to developers for potential residential projects.
For further information, please contact the exclusive agents from Cushman & Wakefield.
*Approximate