153-155 Redcliffe Parade, Redcliffe, Qld 4020

•  653M2* CENTRE ZONED SITE 
•  TWO STREET FRONTAGES WITH DUAL TENANCIES 
•  NET ANNUAL INCOME OF $200,340.14*

Offered to the market for the first time in 70 years*, this landmark freehold property presents a rare opportunity to secure a long held commercial asset in the heart of the Redcliffe CBD and waterfront precinct.

The highly prominent site with dual street frontage to Redcliffe Parade and Sutton Street, the property delivers exceptional exposure, high levels of passing traffic, and immediate income from two established tenants.  Positioned within one of South East Queensland's fastest-growing coastal markets, the asset also offers significant long-term value through its strategic location and flexible Centre Zoning suiting re-development (STCA).

PROPERTY HIGHLIGHTS:

•  Prime coastal growth asset - 653m²* Centre Zoned landholding in the heart of the Redcliffe CBD and waterfront precinct, offering exceptional long term re-development and value-add potential (STCA).
•  High-profile location offers dual frontage to Redcliffe Parade and Sutton Street
•  Approximately 300m²* total building area:
-  200m²*  Preece's Café (long-standing hospitality icon)
-  100m²*  Sunflower Health (established wellness tenancy
•  Fully leased with a net annual income of $200,340.14*
•  Prominent waterfront CBD location with exceptional exposure
•  Centre Zoning allowing a broad range of commercial and mixed-use opportunities for future re-development (STCA)
•  Surrounded by strong residential growth, rising commercial activity and infrastructure investment

Don't miss this rare generational offering with substantial long-term upside in one of Southeast Queensland's fastest-growing precincts.  Secure this exceptional property today!

For more information please contact Exclusive Agents Juma Marstella of Dugan & Co Property

*Approximate