33 & 35-37 Redcliffe Parade, Redcliffe, QLD, 4020
33 & 35-37 Redcliffe Parade, Redcliffe, QLD, 4020
Properties / Buy / Queensland / Redcliffe
Development Potential
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1. Property Summary
Land Area
1,351 m² (*approx)
Local Government
Moreton Bay
Selling Method
$AUD: Contact Agent
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2. Property Highlights
Rare Ocean - Front Retail Investment - Develop to13 Storeys
- 6 Fully leased tenancies
- Fixed 3% annual rent increases
- Zoned mixed development to 13 storeys
+ 6 Retail tenancies in four separate buildings with two street frontages
+ Tenants include Coffee, Real Estate, Tobacconist & others
+ Mostly new 5 year leases
+ High traffic Brisbane seaside tourism precinct
+ Oceanfront reserve freehold 1,351sqm site
+ Zoned mixed development (residential/commercial/retail) to13 storeys
+ Fixed annual 3% rent increases
+ Spectacular views over Moreton Bay to Moreton Island
+ Moreton Bay Region 30 mins to Brisbane CBD & one of the fastest growing populations in Australia
+ Net Income $$442,000 p.a. plus GST (as at June 22)
For Sale by Investment Portfolio Auction
10:30am (AEST) Thursday 31 March 2022
The Hilton Brisbane
Remember to mention you found this property on DevelopmentReady
Read More
Development Potential
1. Property Summary
Land Area
1,351 m² (*approx)
Selling method
$AUD: Contact Agent
2. Property Highlights
Rare Ocean - Front Retail Investment - Develop to13 Storeys
- 6 Fully leased tenancies
- Fixed 3% annual rent increases
- Zoned mixed development to 13 storeys
+ 6 Retail tenancies in four separate buildings with two street frontages
+ Tenants include Coffee, Real Estate, Tobacconist & others
+ Mostly new 5 year leases
+ High traffic Brisbane seaside tourism precinct
+ Oceanfront reserve freehold 1,351sqm site
+ Zoned mixed development (residential/commercial/retail) to13 storeys
+ Fixed annual 3% rent increases
+ Spectacular views over Moreton Bay to Moreton Island
+ Moreton Bay Region 30 mins to Brisbane CBD & one of the fastest growing populations in Australia
+ Net Income $$442,000 p.a. plus GST (as at June 22)
For Sale by Investment Portfolio Auction
10:30am (AEST) Thursday 31 March 2022
The Hilton Brisbane
Remember to mention you found this property on DevelopmentReady
Read More
