Issue 42 | The Property Development Review

THE PROPERTY DEVELOPMENT REVIEW

8.22HA* DEVELOPMENT SITE REDLAND BAY Redland Bay, 466-486 Serpentine Creek Road

Outline and Locations Indicative Only

EXPRESSIONS OF INTEREST Closing Thur 15 Jun 2023 4pm

James Hanley 0408 999 755 james.hanley@raywhite.com Matthew Fritzsche 0410 435 891 matthew.f@raywhite.com

• Land area: 8.22* hectares • Within the Shoreline masterplanned community by Lendlease • Zoned Emerging Community and designated ‘Urban Development’ and ‘Open Space Corridors’ under the Shoreline masterplan approval • Near level land and cleared throughout • Indicative yield of 73 residential lots^ • Currently operating as a large scale production nursery with significant infrastructure and buildings - ability to generate strong holding income pending development • Offered with vacant possession

*Approximately ^Subject to Council Approval

raywhitespecialprojects.com

May / June 2023 – 83

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