Redcliffe Coastal Development Site with Approved Plans and Bayside Views

24-28 Macdonnell Road, Margate, Qld 4019

For Sale

24-28 Macdonnell Road, Margate, Qld 4019-Image

Block Of Units

Type

Bedrooms

Bathrooms

Parkings

Published on Tuesday, July 21, 2026 ( See property details for 24-28 Macdonnell Road, Margate, Qld 4019)

EOI Closing 13 Aug 2026 4pm (AEST)

James Hanley - Real Estate Agent - RWC Special Projects Qld

James Hanley Executive

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Tony Williams - Real Estate Agent - RWC Special Projects Qld

Tony Williams Director

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile coastal development opportunity in Redcliffe with approved plans for 40 apartments, stunning bayside views, and excellent future growth potential.

🏡 Property Highlights

Existing development approval for 40 apartments with scope to increase height limit
Captures outstanding bayside views from the 3rd storey and above
Prime coastal location just 400m from waterfront and beaches
Diverse income streams with two residential dwellings and timber units
Strategic approval targeting owner-occupiers and downsizers
Close to Redcliffe's vibrant town centre and recreational facilities

✨ Key Features

Open-Plan Living
Waterfront / Views
Outdoor Area
Balcony
Garage
Built-in Robes
Ensuite
Security Screens / Gates
Pet-Friendly
Low-Maintenance Yard

Suburb and Property Insights of Margate, QLD 4019

Redcliffe offers a vibrant coastal community renowned for its stunning beaches, active lifestyle, and strong local amenities. The area has experienced significant urban renewal, attracting families and investors alike. With excellent walkability to waterfront parks, cafes, and retail, it provides an ideal setting for a relaxed yet connected lifestyle. Proximity to quality schools and recreational facilities enhances its appeal for families and downsizers. The ongoing development and scenic bayside environment make Redcliffe a highly desirable place to live and invest.

Frequently Asked Questions

What is the current zoning and potential for future development on this site?

The site has existing development approval for 40 apartments over 6 storeys, with scope to further increase the height limit subject to council approval.

What are the income streams associated with the property?

The property currently generates holding income of $196,300 from two residential dwellings and a block of five timber units.

How close is the property to local amenities and beaches?

The property is approximately 400 meters from the waterfront, Margate Beach, and Suttons Beach, with easy access to walking paths, parks, and recreational areas.

What is the future growth potential of this development site?

With approved plans and ongoing urban renewal in Redcliffe, the site offers significant potential for capital growth and increased density.

Are there any restrictions or approvals required for further development?

Further development is subject to council approval, with existing DA allowing for additional height and density increases.

What to ask about this property to agent?

Are there any hidden costs or additional fees associated with the development approval process? Has the property been surveyed recently to confirm boundary lines and site dimensions? Are there any existing easements, covenants, or zoning restrictions that could impact future development? What are the potential risks of flooding or bushfire in this coastal area? Is there any ongoing or planned nearby construction that could affect future living conditions or property value? Are there any strata or body corporate fees applicable to the existing units? What are the council's plans for infrastructure or community facilities in this area? Has the property been inspected for structural issues or defects, especially in the timber units? Are there any environmental or heritage considerations affecting the site? What are the terms and conditions of the current income streams, and are they secure?

24-28 Macdonnell Road, Margate, Qld 4019 - More Details

EOI Closing 13 Aug 2026 4pm (AEST)

Type: Block Of Units
Bedrooms: 13
Bathrooms: 7
Parkings: 3

Email Enquiry To RWC Special Projects Qld

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James Hanley

Tony Williams

24-28 Macdonnell Road, Margate, Qld 4019

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