This prime waterfront property of 658m2 (approx) will offer generous, sweeping views of Moreton Bay for the discerning buyer.

Located on the Margate foreshore with an enviable easterly aspect, it’s a great position for your luxury private residence, with the option to occupy 3 levels to 12.5 meters (STCA).

For the astute developer the property also holds a current Development Application for 5 units over 3 levels. This Development Approval has provision for 15 separate tenancies as a short term dual-key holiday styled property.
The first level includes restaurant and 18 carpark capacity.

This would make the site the closest overnight accommodation for the ever-popular Belvedere Hotel function rooms.

Walking paths and recreation areas are nearby with restaurants only a few minutes away; and an easy drive to Brisbane CBD.

This property offers an excellent opportunity to acquire land that is free of easements and in a superb location.

This property is open for tender, with Expressions of Interest having a closing time of 5pm on 11 November 2011. Please contact Elders Redcliffe 38832366 for the Tender documents.