* Strong land size and frontage ideal for redevelopment or landbank^
* Prime allotment for multi-storey apartment complex^
* 2 x 3-bedroom low-set post-war homes with leases in place
* Ideal for developers and long-term strategic investors
* Enviable bayside location; moments from foreshore & amenities
An exceptional opportunity presents itself within one of Cleveland's most tightly held and rapidly evolving bayside locations. Offered as one combined holding, 58 & 60 Shore Street East comprise a substantial 1,313sqm allotment with generous frontage, presenting an ideal platform for redevelopment^.
This sizeable landholding offers strong potential for a multi-storey residential development^, appealing to developers seeking an immediate project as well as investors positioning for long-term capital growth in a proven lifestyle market. Each lot is currently occupied by a low-set three-bedroom home; further information regarding the tenancies is available upon enquiry.
Located adjacent to the Cleveland Centre, Raby Bay Harbour and Stradbroke Ferry precincts, the site benefits from Redland City Council's long-term master planning and significant public investment across the broader locale. Ongoing and planned upgrades to transport connectivity, streetscape and public spaces, together with continued waterfront investment, are supporting Cleveland's transition into a higher-density, lifestyle-oriented destination.
Cleveland is underpinned by established transport infrastructure, with the site only a short walk from Cleveland railway station and convenient access to major arterial roads and the Gateway Motorway. This provides seamless connectivity to Brisbane and the broader region, enhancing the appeal of the location for residents, renters, and future tenants.
As surrounding precincts continue to be revitalised, medium-density sites of this scale and proximity are increasingly sought-after. The combination of planning certainty, infrastructure investment, and sustained buyer demand positions this offering as a compelling opportunity for developers seeking growth, demand, and long-term value in one of the Bayside's most sought-after residential markets.
Future residents will enjoy an enviable bayside lifestyle, with Cleveland's foreshore, waterfront parklands, cafés and restaurants all within easy walking distance. The nearby Toondah Harbour precinct and ferry services to North Stradbroke Island further enhance the area's lifestyle appeal, offering a unique blend of coastal living, convenience and connectivity only ~28km to the Brisbane CBD.
Offered to the market as one combined holding, 58 & 60 Shore Street East represent a compelling acquisition in a rapidly evolving bayside location. We look forward to receiving your enquiry today.
^ Subject to Council Approval. All development potential is indicative only. Buyers must rely on their own due diligence, enquiries and independent advice with Council and other relevant authorities.
* Important * Whilst every care is taken in the preparation of the information contained in this marketing, Arthur Conias Real Estate will not be held liable for any errors in typing or information. All information is considered correct at the time of publishing.
Please note: Some images within this marketing have been digitally decluttered, digitally staged and/or otherwise digitally altered to protect the privacy of the current tenants. Prospective purchasers are encouraged to complete a physical inspection of the property.
