A rare opportunity to secure a prime waterfront development site in one of South-East Queensland's fastest-growing residential markets. Positioned directly on Marine Parade, this exceptional 1,351m²* allotment is ideally suited for a prestige residential project capitalising on uninterrupted views of the pristine Moreton Bay. (STCA^).
Zoned Urban Neighbourhood and allowing building heights up to 27 metres, the site offers substantial development upside in a tightly held coastal precinct where demand continues to outstrip supply. With two street frontages and uninterrupted waterfront positioning, future developments will benefit from strong design flexibility, natural light, and premium end-value appeal.
Further underpinning the location is its proximity to major public investment, being only 150* metres from the $12.1 million Suttons Pavilion redevelopment, due for completion in mid-2027. This project is expected to significantly enhance the local amenity, lifestyle offering, and long-term desirability of the Marine Parade precinct.
Redcliffe is experiencing sustained residential growth driven by lifestyle demand, infrastructure investment, and limited availability of comparable development sites, particularly along the waterfront. The property also provides short-term holding income, allowing developers to generate cash flow while progressing approvals or design.
This opportunity is ideally suited to developers, seeking a blue-chip coastal site with scale, height, and long-term value.
KEY FEATURES OF THIS OPPORTUNITY:
• 1,351m²* waterfront development site
• General Residential Zoning
• Permissible Building Height Limit up to 27m (with scope to increase STCA)
• Two street frontages
• Premium Marine Parade position
• Strong residential growth location
• Short-term holding income
• Rare coastal development opportunity
• Very strong owner occupier market
METHOD OF SALE
The property is being offered to the market for sale by Offers to Purchase closing Thursday, 5 March 2026 at 4pm (AEST).
For further information, please contact the marketing agents.
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