Zoned as ‘Medium Density Residential Development’ in the BCC Wynnum/Manly Neighbourhood plan due to its proximity to Wynnum Central Village and the Wynnum Transport Hub, and allowing for residential development applications of up to 5 storeys and/or 16m height, this property truly represents a rare and increasingly scarce 3 way opportunity:
NOW >>
A High Rental Yielding Investment Property:
Currently has 4 Units
• Each with 1 bed / 1 bath / 1 car with:
o Open Plan Living / Dining / Kitchen
o Spacious bedroom
o Large bathroom and laundry
o Single garage with undercover clothes line
• All Tenanted
• Returning over $45K /year
• With extraordinarily low running costs …
ANYTIME FROM HERE >>
An amazing Major Development Opportunity:
• Current Unit Block NOT protected and can be removed
• Large, flat, well proportioned, 799m2 corner block
• Zoned for Medium Density Residential Development as per the Wynnum/Manly Neighbourhood Plan / ‘Wynnum Central’ Precinct / ‘Western Residential’ Sub-Precinct provisions
• Located in a famously warm and close-knit community
• Within ultra-short strolling distance to:
o Wynnum Central Village
o Wynnum Central Station
o Multiple Bus Stops
o Shopping, Dining, Clubs, Pubs, Medical / Specialist, Government Services
o Wynnum Golf Club (across the road)
o Wynnum Esplanade and Moreton Bayside
o And … so much more …
AND/OR DOWN THE TRACK
An amazing Land-Banking Opportunity:
• And/or just hold-on to this one and ‘keep it in the bank’ to take advantage of the likely Capital Gains potential it could well represent … down the track
Savvy Investors and/or Developers please present yourselves urgently to receive a Property Prospectus pack - including full B&P Report.
DISCLAIMER: This property is being sold by Tender without a price and therefore a price guide cannot be provided. This website may have filtered the property into a price bracket for website functionality purposes only.
