First Time on the Market in 75 Years - Redcliffe Hospital Precinct
Positioned in one of the Redcliffe Peninsula's most strategically significant growth nodes,102 Anzac Avenue represents a large-scale hybrid investment / development parcel within the core of the Redcliffe Peninsula's established health and commercial precinct.
Whether you are a developer with immediate plans to activate the site, or a land-bank investor looking to capitalise on holding income and enjoy the capital growth, this main road lot is well worth exploring.
Comprising a 4,047m² landholding directly adjoining Redcliffe Hospital, the property benefits from a flexible zoning suitable for higher density outcomes, including medical, mixed-use, short-term accommodation, and residential development. The two street main road frontage, 21 metre height allowance, and multiple point service locations provide ultimate development flexibility.
For the investor, a predictable holding income of $165,000 per annum on periodic leases across five different tenancies gives scope for refurbishment and repositioning of the asset.
The Redcliffe Peninsula is rapidly repositioning itself to be the "northern beaches" of Brisbane. The completion of the Peninsula rail line, ongoing foreshore upgrades, and major health and community infrastructure projects are driving sustained demand from both residents, businesses, and developers.
The property boasts:
• Dual frontage: Main road exposure to Anzac Avenue with valuable rear access via Sheehan Street, providing flexibility for site circulation, servicing, and development design.
• Centre (Health) zoning: Supports high-density mixed-use, medical, short-term accommodation, or residential outcomes
• Immediate holding income of $165,000 from 4 tenants across a mix of buildings
• Prime location: Directly adjoining Redcliffe Hospital within a tightly held medical precinct
With greenfield sites now non-existent on the Peninsular, the next chapter of the Redcliffe commercial market will be written by those who control the few remaining under-developed parcels like 102 Anzac Avenue.
For Sale via Offers to Purchase Closing Friday, 24 April 2026 at 4.00 pm (AEST)
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