40 Redland Bay Road, Capalaba, QLD 4157

Raine & Horne Commercial is pleased to present to the market 40 Redland Bay Road, Capalaba which is being offered For Sale by Expression of Interest. All offers to purchase are to be presented to the Exclusive Marketing Agents.

Located on the main arterial road in the heart of Capalaba's retail and commercial precinct this fully tenanted property is ideally positioned between two major regional shopping centres and just metres from the Capalaba Bus Station with excellent signage and exposure to passing traffic.

40 Redland Bay Road comprises two separate, fully air conditioned tenancies on a 655sqm site with a large carpark and amenity block at the rear of the property for staff and customers. The building had a new roof installed in 2024. Current annual gross rental income is $59,948 plus GST.

Work has already commenced on the Capalaba Town Centre Revitalisation Project, a 1.55 hectare site located directly behind 40 Redland Bay Road, set to become the urban heart of Capalaba. Stage 1 will incorporate a new state-of-the-art library building, community and innovative arts space, new customer service centre, as well as three levels of office space. Future stages will include much needed infrastructure and enhancements to the retail, entertainment and dining precincts including a village green with a large screen and mixed-use residential and commercial areas.

Capalaba is the gateway to Redland City and this asset presents an excellent investment opportunity and potential redevelopment site (subject to Council Approval) for future re-sale or owner-occupier use.

Information Memorandum available upon request.

For further information and to arrange an inspection (by appointment only) please contact Exclusive Agents, Colin Tucker and Nick Comino.