JLL is pleased to present for sale Redland Bay Village, a premium neighbourhood shopping centre dominating the Redland Bay main trade area, strategically positioned on a commanding 1.86-hectare landholding with extensive multi-street frontage.Anchored by a full-line Woolworths supermarket, the centre is the only supermarket servicing the immediate trade area and benefits from a highly defensive, non-discretionary tenancy mix. Woolworths is secured on a substantial $1.78 million gross annual rent, with built-in rental growth via turnover-linked review mechanisms and fixed base rent escalations, ensuring long-term income resilience.The asset comprises five separately titled parcels including the main Woolworths-anchored centre, a detached convenience centre, strip retail, and two surplus residential lots, providing future development, subdivision and value-add flexibility. The main centre has recently undergone a comprehensive $25 million rebuild completed in 2022, significantly reducing near-term capital expenditure requirements.Key investment highlights include: Dominant neighbourhood shopping centre anchored by Woolworths, accounting for 46% of GLA Secure income profile with a 4.2-year WALE (by income) and predominantly net and semi-gross lease structures 70%+ of GLA comprised of supermarket, essential services and medical tenants Irreplaceable 1.86ha landholding with extensive frontage to Broadwater Terrace, Marine Street, James Street and Stradbroke Street Surplus residential land offering future pad site or residential development optionality (STCA) Located within a high-growth bayside corridor with forecast 1.7% population growth and 5.4% retail expenditure growth per annum to 2046 Fully leased income of $3,748,444 p.a.* with strong specialty mix and essential-services weighting Redland Bay Village is offered for sale individually or in one line via Expressions of Interest, closing 4:00pm (AEST), Thursday 26 March 2026.
The size of Redland Bay is approximately 47.6 square kilometres. There are 40 parks, covering nearly 13.5% of the total area. The population of Redland Bay in 2016 was 14958 people. By 2021 the population was 17056 showing a population growth of 14.0% in the area during that time. The predominant age group in Redland Bay is 10-19 years. Households in Redland Bay are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Redland Bay work in a trades occupation.In 2021, 75.50% of the homes in Redland Bay were owner-occupied compared with 73.20% in 2016.
Redland Bay has 8,497 properties. Over the last 5 years, Houses in Redland Bay have seen a 66.48% increase in median value, while Units have seen a 81.46% increase. As at 30 September 2026:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.