It's Happening!  The developers Nerinda Pty Ltd have won their court cases and the development of the round shop site on the corner of Boundary Road and Panorama Drive Thornlands is set to proceed. Paradise Gardens shopping precinct will be a substantial redevelopment of the site and will incorporate shops, tavern, takeaway food along with a second stage residential development. 

​Any long time locals will affectionately remember the old round shop that was a local icon and land mark. Long before shopping centers, Thursday night shopping and 24/7 convenience stores the Round Shop was the local go-to for all the essential needs. Groceries, bait and tackle, ice, petrol, kerosene, the paper, smokes (back when everyone smoked) and even automotive and hardware. It was your one stop shop!  Across the road was the bakery and on the Woodlands Drive corner was Mary in the old wooden floored post office. 

So what's going to be built you ask? Well, I am happy to say we are getting an upgrade. According to the publicly available court documents:

• A 4,100m² “full-line” supermarket;
• 1,600m² of specialty shops, including a 500m² retail warehouse (discount chemist);
• 850m² family tavern;
• 225m² medical centre;
• 100m² service station; and
• parking for 374 vehicles.

 
Now my guess is that all of this may change a little by the time it is actually built. As a commercial real estate agent, my investigative journalism skills are somewhat lacking but I have concluded from all my research and reading that there will be a two stage development approach. First, build the commercial/retail spaces and then move onto stage two which will be the residential component at the rear of the site. Nice to see that there will be plenty of green spaces.   

What I can guarantee you is that not everyone will be happy to see this development happen. Pretty sure the Victoria Point Shopping Centre won't be jumping for joy and it could put some serious pressure on local icons like "The Nook".  That and some people wake up and just decide to wear their 'moaning hat' every day, pick a topic, and hang on until death.  For my part, as a local of 50 years, I thinks it's a good thing. And note that I have no connection with the development. But if you are the developer and you are reading this...YOU SHOULD CALL US.

​Sources: 
-  Redland City Council development portal - PD Online
-  LatStudios website - https://www.latstudios.com.au/projects/thornlands-master-plan 
-  Queensland Judgments - https://www.queenslandjudgments.com.au/caselaw/qca/2018/146 

It's amazing how a tiny little virus that you can't even see can have such an impact on the world. The ripple effect of the pandemic has been far reaching and one of those ripples has reached our tiny Southern Moreton Bay Islands.

We will leave the demographers of this world to debate why, but it’s likely to be a combination of factors that are driving record numbers to the islands. People seeking a safe haven from the cities, young first home buyers riding the wave of stimulus and taking full advantage of cheap land, people cashing in on their superannuation draw back or opportunists who can smell change in the air.

What we can tell you is that from the 1st of June 2020 until 26th January this year there has been just over 500 development applications lodged for the Southern Moreton Bay Islands with Redland City Council. Lamb Island is leading the charge with a 48% increase in lodgments while Macleay and Russell Islands are both experiencing an 23% increase. Understandably, Karragarra Island comes in last with a -34% growth. This would make sense given the fact that this island is very small and well developed. According to the demographers at Redland City Council, based on the median / mid range growth scenario for the bay islands in the city, they predicted a 13% increase. So Coronavirus has almost doubled their growth predictions in this part of the city.

Along with the population increase on the islands there will be those that are happy and those that are not. Brisbane Bayside Real Estate’s Jason Marshall and Reg Kaasik recently spent some time on the island talking to locals and there was a wide range of views. Some were happy to see the growth in numbers, maybe their property values may finally go up. Others were looking to leave their island hideaway as it has just gotten too busy….just too many people. The local nursery said they were doing record trade and the main street is always busy these days. Jason & Reg witnessed plenty of vehicles loaded with building supplies arriving on the ferry’s also.

With growth brings opportunity. There will be pressure on the businesses that are there and demand for new businesses and services. The bay island transport facilities will experience growth, services such as fire, police and ambulance will notice the change and maybe, some of those local artists will gain an invaluable increase in clients. Nobody likes change but that has been a part of the landscape in the Redlands for the last 50 years. Thankfully Redland City Council have already put zoning regions in place to accommodate this change, now all we need is business owners to look a little closer at these islands which have traditionally been overlooked.

If you would like more information on commercial opportunities on the bay islands contact Brisbane Bayside Real Estate for an obligation free chat.

Let’s Talk Real Estate

​One of the Redlands most experienced commercial and industrial real estate agents Reg Kaasik has teamed up with career sales and business development professional Jason Marshall for the relaunch of the iconic Brisbane Bayside Real Estate agency (BBRE).
 
Reg has over 30 years' experience in real estate in the Brisbane Bayside suburbs, having been an integral part of the Redlands' transformation from farmlands to rolling suburbs and industrial estates.  Reg's extensive experience and integrity and his unbridled passion for people and real estate has resulted in many long-lasting relationships with customers.  
 
He is now sharing this wealth of experience and passion for people with Jason to relaunch the BBRE agency. 
 
Born in and having lived in the Redlands his whole life, Jason is a seasoned sales and business development professional.  He is a fully qualified and licensed Real Estate Agent and his experience and ability to quickly get to know a business and understand its needs will be a great asset to the BBRE team.  
 
Mr Kaasik said he was delighted to be relaunching BBRE so it can continue to service the commercial and industrial needs of the Bayside area. 
 
"Jason's enthusiasm for good 'old fashioned' customer service and his commitment to the Redlands community has played a key part in the agency re-launch," Mr Kaasik said.
 
Mr Marshall said he was honored to have the opportunity to work with and learn from his long-time mate Reg.
 
"Reg is a local real estate icon in the Bayside area, and I am looking forward to working closely with him to continue the BBRE tradition of providing professional and friendly real estate services across the Brisbane Bayside area," Mr Marshall said. 
 
BBRE has over 30 years' experience in the local Redlands market and is fully licensed and backed by the latest data tools, documented systems and processes.  
 
Let's Talk Real Estate.  [email protected]