This property is proudly presented to the marketplace by your local active agents, and presents a scarce and unique opportunity to the homebuyer, renovator, or budding developer!
Located at 26 Akonna St, Wynnum on a corner allotment (Corner Akonna & Cedar Sts Wynnum) and only a few footsteps to the Esplanade and parklands, very rarely does a double block come onto the market, with options a-plenty, given the location and land area of this particular site.
In the end though, the potential of this home is all about the views!
Positioned in a fast moving “east of Bay Tce” precinct, in Wynnum Central, is this spacious weatherboard Queenslander, on a very generous 810 sqm double allotment, being 2 x 405 sqm allotments known as Lots 338 & 339 on RP33003.
This property represents sensational value, with an old Queenslander dwelling in sound condition, providing a rental income, whilst you develop your ideas for the future:
Hold and let the capital growth value of 810sqm land (double block) continue to grow.
Live in and investigate your re-development options.
Renovate the existing Queenslander and keep on the large parcel of land.
Remove and redevelop, build on one block and hold the other block as a future investment. Do your research directly with Brisbane City Council town planning department.
Re-configure the allotments to leave the existing Queenslander on one lot and create a second block with access available from Cedar St, subject to BCC approvals.
For developers, each block being 405 sqm is currently configured as approx 10 m frontage x 40 m deep.
For the home buyer, this Queenslander has a versatile 3-4 bedroom layout, and has retained much of the classic character of this era of home – there is no doubt , you can take this home to the “next level” with a full internal and external renovation plus extensions, to take full advantage of the bay views.
The full potential of this property is all about the views! Moreton Bay view’s north, from the mouth of the river, across the bay islands, Moreton Island, St Helena Island, Green Island, Stradbroke Island and south towards King Island and Wellington Point.
The property is conveniently located within walking distance to:
. Moreton Bay, Esplanade and parklands
. Wynnum Central shopping centre and restaurants
. Railway station and bus services
. Clubs, sporting fields, bowls club and golf course.
Any way you view this property, it must be considered an excellent investment and home option in one! So make your time to view directly with your local experienced agents.