293 Esplanade
Redland Bay 4165

Tony and Adam Grbcic of Kollosche Commercial are pleased to present 293 Esplanade, Redland Bay – Pelican Slipways & Cafe ('The Property') to the market via a formal Expressions of Interest campaign, closing at 3:00pm on 6 November 2026.

Occupying a prominent waterfront position on the Weinam Creek foreshore, the Property represents a rare opportunity to acquire an established working waterfront asset combining freehold ownership, operational marine infrastructure, commercial pontoon access and hospitality facilities, together with longer-term redevelopment potential in one of South East Queensland's evolving bayside precincts.

The offering comprises a 1,326m²* freehold waterfront landholding, together with an associated 720m²* commercial seabed lease and a 20-metre commercial pontoon providing direct access to Moreton Bay and the Southern Moreton Bay Islands.

Established as a working waterfront facility in 1949, Pelican Slipway has operated for more than 75 years and forms part of the Redland Bay boating community.

The marine operation is centred around an operational 40-tonne marine railway slipway incorporating two slipway lines, a transfer system and five boat cradles, together with established workshop facilities, hardstand and service areas. The existing infrastructure provides an immediate platform for an incoming operator to continue and potentially expand vessel haul-out, maintenance, repair, refurbishment, hardstand and storage activities.

Complementing the marine operations is the established Pelican Cafe, positioned within the three-storey waterfront building and enjoying expansive views across Moreton Bay. The hospitality component provides an additional income stream, with further potential for expanded trading, functions, venue hire and other waterfront hospitality initiatives, subject to relevant approvals.

Key features of the existing improvements and operations include:

- 1,326m²* freehold waterfront landholding

- 720m²* associated commercial seabed lease

- 20-metre commercial pontoon with direct Moreton Bay access

- Operational 40-tonne marine railway slipway

- Two slipway lines, transfer system and five boat cradles

- Established marine workshop, hardstand and service areas

- Operating Pelican Cafe and waterfront hospitality areas

- Multiple potential income streams across marine servicing, slipway use, hardstand, storage and hospitality

- More than 75 years of established waterfront operating history

Redevelopment Opportunity

Beyond the existing operations, the Property offers compelling longer-term redevelopment and repositioning potential.

Its substantial waterfront landholding, direct marine access and position within the evolving Weinam Creek waterfront precinct / Priority Development Area provide future owners with the opportunity to investigate alternative development outcomes that capitalise on the site's strategic waterfront position, subject to planning and statutory approvals.

The Property benefits from the following planning framework:

- Located within Precinct 3 – Weinam Creek

- Three-storey building height as of right

- Precinct intent supports a range of potential uses, including residential, marine industry, low impact industry and service industry

- Potential for hospitality, retail or medium-to-high density residential development, subject to relevant approvals

293 Esplanade therefore presents two distinct opportunities: to acquire and enhance an established marine and hospitality operation, or to secure a strategically positioned waterfront landholding with longer-term redevelopment potential.

The combination of freehold waterfront land, established marine infrastructure, commercial pontoon access, hospitality facilities and future development optionality creates an offering that is difficult to replicate within South East Queensland.

Disclaimer:

Whilst every effort has been made to ensure the accuracy of these, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these as representations of fact but must instead satisfy themselves by inspection or otherwise

*Approximate