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29 Sutton Street, Redcliffe, QLD 4020

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29 Sutton Street, Redcliffe, QLD 4020

Redcliffe

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29 Sutton Street, Redcliffe, QLD 4020

29 Sutton Street, Redcliffe, QLD 4020

Properties / Buy / Queensland / Redcliffe
Development Potential
Property Type
Residential
Sub Type
Land Site
Land Area
1,778 m² (*approx)
Selling Method
For Sale: For Sale
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1,778m²* Suttons Beach Development Site | Substantial Holding Income

• Corner development site with a north easterly aspect toward Suttons Beach & the Moreton Bay, providing potential outstanding future bay vistas

• Within 100m* to one of Redcliffe Peninsula's most popular beachside lifestyle precincts including a lifeguard patrolled beach, grassed BBQ areas, children's playgrounds and bike tracks

• Code Assessable Building Height of 21m* (6 storeys), with scope to increase to 8 stories based on surrounding precedent nearby^

• Strong holding income of $177,320* per annum across three properties

• Corner site with 44m* of street frontage to Sutton Street and 38m* of frontage to Ella Street

The improvements consist of:

- 25 Sutton Street comprises a 4-unit timber flats complex over 875m²* returning $70,980* per annum

- 27 Sutton Street comprises a detached residential timber home over 420m²* returning $27,040* per annum

- 29 Sutton Street comprises a 5-unit timber flats complex over 483m²* returning $79,300* per annum

• Zoned General Residential - Urban Neighbourhood permitting a wide variety of development outcomes including (but not limited) to multiple dwelling residential apartments and residential care / vertical retirement, BTR or social and affordable housing

• Positioned within only 1km* of Woolworths Redcliffe, Mon Komo Hotel and Settlement Cove Lagoon

• Only a short drive to the Redcliffe Hospital

• 31km* to Brisbane CBD

Offered For Sale In One Line or Any Combination

*Approximately

^Subject to Council Approval

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

29 Sutton Street Development Site Summary

Property Type
Residential
Sub-type
Land Site
Land Area
1,778 m² (*approx)
Selling method
For Sale: For Sale

Development Site Highlights

1,778m²* Suttons Beach Development Site | Substantial Holding Income

• Corner development site with a north easterly aspect toward Suttons Beach & the Moreton Bay, providing potential outstanding future bay vistas

• Within 100m* to one of Redcliffe Peninsula's most popular beachside lifestyle precincts including a lifeguard patrolled beach, grassed BBQ areas, children's playgrounds and bike tracks

• Code Assessable Building Height of 21m* (6 storeys), with scope to increase to 8 stories based on surrounding precedent nearby^

• Strong holding income of $177,320* per annum across three properties

• Corner site with 44m* of street frontage to Sutton Street and 38m* of frontage to Ella Street

The improvements consist of:

- 25 Sutton Street comprises a 4-unit timber flats complex over 875m²* returning $70,980* per annum

- 27 Sutton Street comprises a detached residential timber home over 420m²* returning $27,040* per annum

- 29 Sutton Street comprises a 5-unit timber flats complex over 483m²* returning $79,300* per annum

• Zoned General Residential - Urban Neighbourhood permitting a wide variety of development outcomes including (but not limited) to multiple dwelling residential apartments and residential care / vertical retirement, BTR or social and affordable housing

• Positioned within only 1km* of Woolworths Redcliffe, Mon Komo Hotel and Settlement Cove Lagoon

• Only a short drive to the Redcliffe Hospital

• 31km* to Brisbane CBD

Offered For Sale In One Line or Any Combination

*Approximately

^Subject to Council Approval

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

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29 Sutton Street, Redcliffe, QLD 4020

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Property Location of 29 Sutton Street, Redcliffe, QLD 4020

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