FEBRUARY’S BEST PERFORMING DEVELOPMENT SITES (QLD)
SPINNAKER SOUND MARINA , SPINNAKER DRIVE SANDSTONE POINT – QLD 4511
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Development Potential Residential
Spinnaker Sound Marina provides a rare chance to acquire a substantial waterfront property and established marine business near Brisbane and the Sunshine Coast. As the access point to Moreton Bay, the marina offers year-round boating in the sheltered Pumicestone Passage without sand bar crossings. With Queensland boat registrations rising steadily, demand for berths and maintenance facilities is high. New developments face significant barriers, making established marinas like Spinnaker Sound desirable. With over 250 loyal customers and high occupancy rates, the marina generates a stable annual EBITDA of approximately $1,000,000. A waitlist of 100 boats promises immediate income growth.
SPRINGFIELD CENTRAL - CITY WEST 7003 SINNATHAMBY BOULEVARD, SPRINGFIELD CENTRAL – QLD 4300
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Development Potential Mixed Use
This strategic development site, benefiting from “Town Centre” zoning, offers a blend of permissible uses, including convenience retail, large format retail, commercial offices, entertainment, leisure, and medium-density residential options. Supported by robust population growth, retail expenditure, and pent- up demand, City West Development highlights its prime 127,250m² landholding with significant mixed-use and future development potential. Positioned approximately 25km southwest of Brisbane CBD, it lies at the heart of one of Australia’s fastest- growing regions, Greater Springfield. With flexible zoning and land use designations, it caters to evolving needs, staging its precinct development to match the burgeoning population catchment, forecasted to reach 251,428 by 2036.
82 – April / May 2024
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