10 Stradbroke Street Redland Bay, QLD 4165

RWC Queensland are delighted to present a 994sqm* block with sought-after District Centre Zoning site which already boasts a Development Approval (DA) (MCU24/0214) and straightforward Operational Works (OPW).

The approved plans provide for a mixed-use development with 10 two-bedroom residential units and 3 ground-floor retail units, ready for you to capitalise on the strong local demand.

Key Site Highlights
- DA Approved & Ready to Build: With Redland City Council approval MCU24/0214 already in place, the path to construction is streamlined, saving valuable time and resources.
- High-Demand Product: The approved plan includes 10 two-bedroom units, a property type with strong demand in Redland Bay, showing a significant 26.4% growth in median price over the last year and a tight rental market with high yields.
- Prime Location: Situated in a Major Activity Centre, the property is directly across the road from the Redland Bay Shopping Centre and within easy reach of the Redland Bay Marina, local schools, and major infrastructure.
- Growth Hotspot: Redland Bay is part of the Redlands Coast, a region experiencing dynamic growth, significant infrastructure investment (including the Weinam Creek PDA and Shoreline development) and a projected population increase, ensuring long-term demand.
- Lifestyle Appeal: The area offers a desirable, relaxed coastal lifestyle with a strong community feel, attracting families and retirees who appreciate the balance of natural beauty and urban convenience.

The Approved Development Plan at a Glance

The architectural plans outline a modern, multi-level building with all car parking on the ground floor.

- Ground Floor (Level 1): 3 commercial retail shops (51sqm*, 64sqm*, 51sqm*), a service bay, secured residential car parking (15 spaces*), and visitor parking .
- Levels 2 & 3: A total of 10 two-bedroom residential units, ranging in size from 75sqm* to 95sqm*, each featuring private balconies and contemporary layouts.
- Building Materials: The design incorporates a high-quality material schedule including painted rendered masonry, aluminium framed glazing, and select facebrick, ensuring a durable and attractive finish.

This is a turnkey development site offering a rare opportunity to invest in one of Southeast Queensland's most promising coastal markets.

All potential uses are subject to council approval (STCA).
*Approximate measurements, boundaries and information provided.
Artist impressions indicative only.