RWC NCG Peninsula Report - Redcliffe

Peninsula Report

Prepared by RWC Northern Corridor Group

The redevelopment of the Peninsula & INFRASTRUCTURE & DEVELOPMENT PROJECTS

What is the Peninsula?

Redcliffe Peninsula or “The Peninsula” is made up of the eight coastal suburbs of Redcliffe, Newport, Clontarf, KippaRing, Rothwell, Margate, Scarborough, and Woody Point.

There is an incredibly diverse spectrum of complementary precincts that provide opportunity for residents to live, work and play. Clontarf is home to one of the most significant industrial hubs in the Northern Corridor.

The shoreside communities of Scarborough to Woody Point offer higher density, waterfront living with a café lifestyle. Newport provides high end canal living with deep water access to Moreton Bay, while Kippa-Ring and Rothwell deliver affordability and retail amenities for the growing young workforce demographic.

Historically, the Peninsula was known as a lower-income and retiree-focused area, with affordable housing and a slower pace of life attracting downsizers and pensioners. However, in recent years, a significant transformation has taken place, positioning the Peninsula as one of the most exciting commercial property markets in South East Queensland.

“Long time locals may laugh, but when you consider the natural beauty, new infrastructure and connectivity to the Brisbane CBD, it’s hard not to draw comparisons to Sydney’s Northern Beaches. We are already seeing the emergence of key cultural hubs and a wave of new mixed use and restaurant offerings, which shows the shift is already well underway.”

- Aaron Canavan Commercial Principal RWC Northern Corridor Group

“If you step back and really look at the fundamentals, it’s hard not to conclude that the Peninsula Boom is inevitable.”

-Ashley Rees Director & Senior Analyst RWC Northern Corridor Group

Why the Peninsula?

To fully capitalise on the opportunities being presented by this area, you must first understand the fundamental market factors driving this transformation.

Infrastructure & Connectivity

The Peninsula has seen significant infrastructure investment, enhancing its appeal as a commercial hub. The Redcliffe Peninsula Rail Line, connecting KippaRing to Brisbane, has improved accessibility and commuter convenience, making the area more attractive for professionals and businesses. Major road networks, including the Bruce Highway and Gateway Motorway, provide seamless connectivity to Brisbane, the airport, and the Port of Brisbane. The revitalisation of Dolphin Stadium has also bolstered the local economy, attracting visitors, events, and increased business activity.

Zoning Flexibility & Development Potential

Limited land supply is driving higher-density zoning and mixed-use developments, making it an attractive market for investors seeking long-term capital growth. With increasing demand for commercial and residential projects, local authorities have embraced flexible zoning policies to accommodate retail, office, and industrial developments. The shift towards urban renewal and modern mixed-use precincts mirrors the trajectory of Sydney’s Northern Beaches, blending lifestyle with economic opportunity.

Population Growth & Demand

The Moreton Bay region is projected to grow by over 200,000 people by 2041, with the Peninsula positioned as a key beneficiary of this expansion. The increasing population is driving demand for commercial services, retail hubs, and employment opportunities. Once dominated by retirees, the Peninsula is now attracting young professionals, families, and businesses, creating a more dynamic and economically diverse community.

Affordability & Investment Opportunity

Despite its stunning coastal location and enhanced infrastructure, the Peninsula remains significantly more affordable than many Brisbane metropolitan suburbs. Commercial property prices, while rising, still offer strong rental yields and capital growth potential, making it an attractive option for investors looking to secure assets before prices escalate further.

As lifestyle- driven migration continues, demand for commercial real estate from businesses looking to capitalise on the discretionary spending and service demands of this population will only strengthen. All these factors mean the Peninsula presents a compelling case for commercial property investment. As more businesses, cultural hubs, and high-quality developments emerge, the Peninsula is no longer a hidden gem—it’s a prime investment opportunity poised for long-term growth.

Infrastructure & Community

2

Dolphin Stadium Expansion:

A Game-Changer for Sports & Tourism

The Dolphins Group has unveiled an ambitious masterplan to elevate Dolphin Stadium into a world-class sports and entertainment hub. The expansion will boost seating capacity to 22,000-24,000, introduce luxury hotel towers, re-imagine the club building, and add a state-of-the-art 1,000-seat conference centre with premium meeting spaces—all seamlessly linked to the stadium.

This visionary project is set to supercharge tourism, attract major sporting events, and redefine the fan experience.

The Redcliffe Peninsula Train Line: A Boost for Commercial Property Owners

Since its opening in 2016, the 13km dual-track rail line connecting Petrie to Kippa-Ring has significantly improved access to Brisbane, enhancing the appeal of the Peninsula for both residents and businesses.

Suttons Beach Public Spaces Project:

Enhancing the Foreshore & Investment Appeal

The Suttons Beach Public Space project presents a strategic opportunity to elevate Redcliffe’s foreshore into a vibrant, multi-use destination. Designed by lahznimmo architects with Plummer & Smith, the redevelopment will enhance the precinct’s appeal with modern, accessible infrastructure, attracting increased tourism, business activity, and commercial investment.

Residential Developments

One Redcliffe

214 Redcliffe Parade, Redcliffe

Status | Planning

Proposed dual-tower development with 214 apartments on this waterfront site.

Gayundah Esp, Woody Point

Status | Under Construction

Orilla is a boutique collection of 32 apartments featuring 3 and 4 bedroom. Over 80% Sold.

The

Oscar

Landsborough Ave, Scarborough.

Status | Completed

A new nine-storey 45-apartment development featuring a selection of three-bedroom apartments.

Tydal Sands

Kate Street, Woody Point

Status | Under Construction

Tydal Oceana

Kate Street, Woody Point

Status | Approved

Construction on Tydal Sands is well under way and the development features 2 and 3 bedroom apartments, 75% are sold (Dec 2024) The second chapter Tydal Oceana is coming soon.

Marin

Landsborough Ave, Scarborough

Status | Under Construction

A mixed use development with 8 levels featuring 2 & 3 bedroom residential apartments, Sold out!

Essence on Sutton

4-8 Sutton Street, Redcliffe

Status | Under Construction

Featuring 2, 3 & 4 bedroom apartments. 70% sold prior to construction stating.

Newport

Lighthouse Esp, Newport

Status | Approval

Development approval for 132 dwelling: 2 & 3-bed apartments, 3 & 4-bed townhouses, and pool villas.

Hornibrook Parade

88-90 Hornibrook Esplanade & 20-24 Lane Street, Clontarf

Status | Submitted

Ten Storey, 102 residential units, 68 - 2 bed, 34 - 3 bed on 2,773m2* of land with parking for 148 cars.

Marine Parade

25 Marine Parade, Redcliffe

Status | Submitted

Seven storey apartment building on a 554m²* block. Five apartments and ground level parking.

3 Orilla

Commercial Developments

Rothwell Homemaker Centre

463 Anzac Avenue, Rothwell

Status | Approved

The development includes a 8,539m2 showroom, service station, two drive-through restaurants, 2,500m² storage warehouse and 365 on site parking.

Construction expected to start March 2025.

Foreshore Refurbishments

Redcliffe Status | Ongoing

Moreton Bay Council is revitalising the Redcliffe Foreshore, having divided it into nine distinct precincts, each designed for unique experiences, from vibrant markets and waterfront events to adventure activities and serene parklands.

Blue

Water Square Shopping Centre

Corner of Sutton Street and Anzac Avenue, Redcliffe

Status | Redevelopment

A significant redevelopment plan includes the addition of a 142-room hotel featuring a top-floor bar, swimming pool, and public art installations, all designed to offer panoramic views of Moreton Island.

Retirement Village

56 Coman Street South, Rothwell

Status | Approved

The 9,825m² site will have 97 units, 63 two bedrooms, 21 three bedrooms, 13 one bedroom, up to three storeys high, with 147 car parking spaces. Located on the former Frawleys Tennis Courts site.

For Sale

Aaron Canavan

Commercial Principal 0447 744 948

aaron.canavan@raywhite.com

Omar Elsayed

Sales & Leasing Executive 0411 353 492

omar.elsayed@raywhite.com

425-433 Elizabeth Avenue, Kippa-Ring FOR SALE by Expressions of Interest: Closing Thursday 3 April 2025, 4pm

 Land Area: 1.34ha

 Provides holding income

 Flexible options for owner occupiers, investors or developers looking to acquire a landmark large scale site located in the heart of the Redcliffe Peninsula

 Zoned General Residential - Urban Neighbourhood

 Potential for large scale medium to high density residential development up to 5 Storeys (Code Assessable)

 Range of potential residential options including Build to Sell, Build to Rent, Social / Affordable Housing or Retirement / Aged Care^

 110m* frontage of Miller Street and 140m* to Elizabeth Avenue (16,800¹ vehicles passing daily)

57

Ashmole

Road, Redcliffe

FOR SALE | Contact Agent

 Local neighborhood centre on 2,280m² corner allotment

 713m² Net Lettable Area

 Diverse income profile with a mix of food users, convenience store, hairdresser, beauty salon & medical

 Net rent $275,021.00* per annum

 Providing 23 on site parks (1:31 ratio) in addition to ample on-street parking

 The ultimate convenience centre, with all tenants enjoying car-park frontage and ease of on-foot access

 All tenants on 4% annual rental reviews ensuring strong rental growth

 Serviced by the Redcliffe Peninsula Train Line, with the end-of-line Kippa-Ring Station less than 1.5km* away

For Sale

322 Oxley Avenue,

Margate FOR SALE | Under Contract

 Medical Tenancies spanning across two levels

 Tenancy 1 Lease Expiry - 30/04/2029

 Tenancy 2 Lease Expiry - 31/10/2029

 Total Net Rent per annum - $210,541.00

 Total NLA 830m²

 Total Land Area 673m²

 Total 6 Car Parks

251 Oxley Avenue, Margate

FOR SALE | For Sale

 710m2* NLA comprising 455m2* on ground floor and 255m2* on the first floor

 809m²* Centre Zoned allotment

 High exposure location

 Strong surrounding tenants

 On site car parking at rear of property

 Alarm system

11 Flegg Street, Deception Bay

FOR SALE | Contact Agents

Welcome to an exceptional opportunity to secure one of 10 premium commercial units perfectly designed to cater to a variety of light industrial uses.

Size options ranging from 136m² to 272m², this development combines practicality, security, and style in a strategic and high-growth location.

Architecturally designed to enhance functionality, aesthetics, and operational efficiency. Featuring a sleek, modern design, these spaces deliver a professional look that elevates your business.

 Container height roller doors

 6-7m internal clearances to accommodate warehousing

 3-phase power

 High-quality Council-approved mezzanines

 Individual shower, toilet, and kitchenette and locker amenities

 Abundant natural light through innovative roof design

For Lease

9 Oasis Court, Clontarf

FOR LEASE | $237,125.00 P/A Net

 1,355m²* comprising of 1,068m2 warehouse and 287m²* ground floor office

 Fully fenced with electric coded gate

 19* approx car parks on site plus street parking

 2x container height roller door access 1x at the front & 1x on right side of warehouse

 3.2 tonne full span gantry crane

1/292 Anzac Avenue, Kippa Ring

FOR LEASE | Contact agent

 431m²* first floor commercial/retail tenancy

 Tenancy is able to be split (160m² and 270m²)

 Exception exposure and signage opportunity to anzac avenue

 Lunch room with kitchenette

 Lift access

 Within close proximity to public transport, Redcliffe Hospital and Local Amenities

 2.4km* to Redcliffe

 11km* to North Lakes

 12.5km* to the M1

444 Oxley Avenue, Margate

FOR LEASE | Contact Agents

 1,282m²* GFA on 3,227m²* site

 Large well laid out sales showroom

 Sealed outdoor display sales yard

 Massive exposure to Anzac and Oxley Avenue

 Additional office / administration component

 Vehicle service and warehousing areas

 Great access into the site via 3 streets

198 Anzac Avenue, Kippa-Ring

FOR LEASE | $247,500.00 P/A inc Outgoings + GST

 550m²* open plan office/medical space on 1,755m² allotment

 5x private offices

 2x board rooms

 Internal amenities

 Fully air conditioned

 21 on-site car park spaces

 Great signage opportunity

Recent Activity

35 Tubbs Street, Clontarf FOR SALE | Contact Agents

 520m²* of warehousing across 4x units

 Opportunity to occupy, invest or partly occupy and expand business as needed

 2 month to month tenancies giving the opportunity to reposition the asset

 5 dedicated car parks as well as street parking

 Fully fenced secure site

SOLD

44 Storie Street, Redcliffe FOR SALE | Under Contract

 280m²* Warehouse/Office space across 2 units

 Corner site offering great exposure

 Opportunity to occupy, invest or partly occupy

 Container height roller doors

 4 dedicated car parks as well as street parking

 3 Phase power

 Fully fenced secure site

SOLD

12 Snook Street & 217 Elizabeth Avenue, Clontarf

SOLD

 1,618m²* Light Industry Zoned allotments across two titles (809m²* each lot)

 Freehold lots offering flexibility for a wide range of industrial and commercial uses.

 Full security fence with two crossovers

 Power & Water to site

 Positioned with prominent exposure on a main road with dual street frontage

 30 mins to the Brisbane Airport & CBD

 Excellent access to the Gateway Motorway & Bruce Highway

SOLD

141-145 Griffin Road, Newport

SOLD

 6.74% Yield

 833m²* net lettable area

 Land area approx. 3,110m²*

 Circa $292,678.78* net income

 Rental upside

 Exclusive water view location

 Exceptional traffic exposure

 41 car parks - ratio of 1 : 20

 Public transport at front of property

1/328 Oxley Avenue, Margate

Building 1,131m²*

$2,431

345 Macdonnell Road, Clontarf

127 Sutton Street, Redcliffe

Building

45 Grice Street, Clontarf

Building

Aaron Canavan

Commercial Principal 0447 744 948

aaron.canavan@raywhite.com

Chris Massie Director 0412 490 840 chris.massie@raywhite.com

Omar Elsayed Sales & Leasing 0423 865 441

omar.elsayed@raywhite.com

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