Case Studies

76-78 Redland Bay Road, Capalaba

Located in Redland’s most prominent large format retail precinct, this 4,856sqm* site with 1,218sqm* showroom complex was sold via an off-market transaction. Current tenants include Barbeques Galore and Bolt King Capalaba. A large section of the site at the rear is available for development.

A development approval has been issued for 1,500sqm* of additional retail showroom.

The purchaser owns other significant assets on Redland Bay Road and sees this as a further strategic acquisition.

Sales Analysis

Sold Date10/09/2020
Sale ProcessPrivate Treaty
Sale Price$6,500,000
Land Area4,856 sqm*
Building Area1,218 sqm* + Telstra Tower
VendorAmmarose Pty Ltd
PurchaserPrivate Investor

* Approximately

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