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55, 61 and 63 Tingal Road, Wynnum, QLD 4178

2. Property Highlights

Bayside Development Site with Holding Income

• Total site area of 2,021m²*

• 4 existing titles

• Located 14km* east of the Brisbane CBD on the edge of Moreton Bay

• Various opportunities - utilising current buildings as investor or occupy, valueadd and reset or ultimately redevelop the site

• Total holding income of $118,036p.a.*

• Predominately zoned LMR2 Low-medium density residential (2 or 3 storey mix)

• Includes:

- 2 level commercial brick building

- Timber cottage currently used as commercial

- Vacant land

• Walk to train station, stunning Wynnum foreshore, Woolworths and Coles, refurbished Waterloo Bay Hotel, Bayside Cinemas

• Wynnum has seen significant development over the past 5 years leading to an existing revitalisation of the core trade area

For Sale by Expressions of Interest

Closing Wednesday, 5 June 2024 at 4pm

For further information, please contact the Ray White Special Projects Qld Marketing Agents.

*approximately

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3. Property Location

55, 61 and 63 Tingal Road, Wynnum, QLD 4178

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4. Due Diligence

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55, 61 and 63 Tingal Road, Wynnum, QLD 4178 Wynnum
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