216 Bay Terrace, Wynnum QLD 4178

$2,300,000

2 beds

2 baths

2 parking

Secure a slice of Wynnum CBD! - 810m2 on two titles

Footsteps from the lure of Wynnum CBD's cute boutiques and fashionable cafes, and just metres from the glittering Esplanade, this property inspires grand visions with a generous 810m2 landholding across two titles.

Prudent buyers will appreciate a multitude of options on offer here with potential to land bank, subdivide and redevelop, or simply invest and reap the rewards of this established lifestyle precinct.

The existing property offers extensive leasing opportunities with a grand 361m2 internal layout featuring bathroom and kitchen facilities, plus the benefit of frequent foot traffic and great exposure. Currently zoned for CF4 community facility use, there is plentiful potential to follow suit of neighbouring developments, and apply for re-zoning to make way for a brand-new apartment complex (STCA).

Features:
- For sale by expression of interest closing (date & time)
- 810m2 across two titles
- Currently owned and occupied as a place of worship - immediate vacant possession available
- Extensive leasing opportunities with a mix of retail, dining and specialty services nearby
- Current building offers 361m2 under-roof with bathroom, kitchen, and storage facilities

With land sizes in excess of 800m2 so scarcely available to the Wynnum market, it is this property's generous landholding, and specifically its phenomenal Wynnum CBD-fringe position that makes this purchase a genuine once-in-a-lifetime opportunity. Well-connected to Brisbane CBD via bus and train services, this bustling community is highly celebrated for its famed waterfront attractions, specialty stores and major retail, great schools and of course, swift access to the magic of Moreton Bay and beyond.

Tender!! Submit offers by 6th of October 2023 Friday 5 pm

Property Details

• Type: House
• Bedrooms: 2
• Bathrooms: 2
• Other Parking: 2