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653-655 Wynnum Road Morningside QLD 4170

  • Development / Land
  • 1,488 m²
  • For Sale, Contact Agent

City Fringe Development Potential with Significant Holding Income

  • Development potential, with income
  • Site Area: 1,488sqm*
  • NLA: 519sqm*

- 519sqm* of Net Lettable Area
- 1,488sqm* Site Area
- Prominent exposure with 38.5 metre* frontage to major arterial Wynnum Road
- Fully leased net income of $132,090 including a brand new 3 year lease to Cash Converters
- Tenants pay all outgoings
- Value add potential through significant uplift in rent
- 5 Storey development potential (STCA)
- Less than 10km's to Brisbane CBD
- Close proximity to public transport being 650metres* from Morningside Train Station and less than 75 metres* to the nearest bus stop

For Sale by Offers to Purchase, if not sold prior
Closing 4pm Thursday, 26 September 2019

(*) Approx.

Property Highlights

Property ID2015611192
Floor Area519 m²
Land Area1,488 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  20 Feb 2020
Map for 653-655 Wynnum Road Morningside QLD 4170
Map for 653-655 Wynnum Road Morningside QLD 4170653-655 Wynnum Road Morningside QLD 4170
Savills Brisbane
Level 2, Central Plaza 2, 66 Eagle Street Brisbane City QLD 4000

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