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.
| Sold Date | 10/09/2020 |
| Sale Process | Private Treaty |
| Sale Price | $6,500,000 |
| Land Area | 4,856 sqm* |
| Building Area | 1,218 sqm* + Telstra Tower |
| Vendor | Ammarose Pty Ltd |
| Purchaser | Private Investor |
* Approximately
The sale of the multi-unit complex at 77 Jardine Drive, Redland Bay is a demonstration of Hugh Fletcher’s exceptional ability to build trust-based relationships, manage expectations, and deliver outstanding results with innovative marketing strategies. Hugh’s relationship with the developers began in 2022 when he successfully sold their 15-unit project at … Read more
This 1,690sqm* site features a 670sqm* brick building with an additional 72sqm* of under-awning workspace, ample on-site parking, and a sealed hardstand area. Despite some challenges, such as low site coverage and limited potential for unlocking additional usable space due to the existing building’s location, the property’s strategic position at … Read more