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KD Special Projects - Brisbane

24 Bay Terrace Wynnum, QLD 4178

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24 Bay Terrace,
Wynnum, QLD 4178

Shops & Retail • Development Sites & Land • Showrooms & Large Format Retail

Price information

Sold

$1,300,000

Key property information

Land area

Floor area

Car spaces

Parking info

Property extent

Zoning

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Map of 24 Bay Terrace

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FIRST TIME ON MARKET IN 60+ YEARS!

  • PRIME CORNER SITE
  • ONCE IN A GENERATION OPPORTUNITY
  • FUTURE UPSIDE
KD Special Projects is pleased to present this rare freehold opportunity to the market for sale, via expressions of interest.

First time on market in 60+ years, this is genuinely a once in a generation opportunity to secure one of the best corners in Wynnum!

Perfectly positioned on an elevated regular shaped 395sqm* corner block, this site holds ‘the keys to the kingdom’ for unlocking any future development.

This property will be attractive to not just the astute investor looking for scalable, passive income but the cunning owner occupier looking to secure an irreplaceable freehold asset with future upside.

Zoned Mixed Use (MU2) under the Brisbane City Council, the property is in Precinct E (Bay Terrace) of the Wynnum-Manly Neighbourhood Plan (NPP-003). This property lends itself to a variety of potential uses and will provide any future owner with many options; utilising current buildings, value-add and reset or ultimately redevelop the site (subject to council approval).

The property is currently partially tenanted, with no formal lease agreements in place.

Key Insights:
Address: 24 Bay Tce, Wynnum
Land Size: 395sqm
Gross Floor Area: 180sqm approx* plus additional awning area
Zoning: Mixed Use MU2 (centre frame) - Brisbane City Council
Brick veneer construction & metal clad/iron roofing
Easy access and parking on and off street
High exposure location
400m to Wynnum foreshore
Directly opposite recently refurbished Waterloo Bay Hotel, near new Magestic Cinemas along with 5 x brand new multi-level residential unit developments

For more information, please contact the exclusive agent.

Additional information

Property ID: 504524572Last Updated: 17 Jul 2024

KD Special Projects - Brisbane

1050 Manly Road
TINGALPA, QLD 4173
04095575...
KD Special Projects - Brisbane
24 Bay Terrace
Wynnum, QLD 4178
KD Special Projects - Brisbane
1050 Manly Road
TINGALPA, QLD 4173

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