:: RARE 661m2 RB4 WATERFRONT PROPERTY
:: APPROX 15M FRONTAGE ENSURES WIDE VIEWS
:: ACROSS THE ROAD FROM PANDANUS BEACH
:: EASY WALK TO WYNNUM CENTRAL
:: LITTLE COTTAGE IDEAL FOR NEGATIVE GEARING
:: wynnum Wading pool only 100m away.
I always get enquires for water front properties that are zoned for townhouses or apartments but there are very limited opportunities on the Esplanade until now.
So many options:
option 1. sit on your investment and do nothing but wait, this block of houses on the Esplanade is the last corner where the houses are zoned RB4 so one day a cashed up developer will want to buy the whole corner for a large scale developments like what has happened on the other parts of the Esplanade that were zoned RB4.
OPTION 2
This prime RB4 development site would suite 2 luxury apartments(subject to council approval) both would have have panoramic bay views and would command a premium price as there would be nothing like it on The Esplanade.
If you have always wanted to invest in a development on a small scale with high returns then this is a very manageable project where you could build both sell one and retain the top penthouse or keep both and enjoy high rents that only ocean front properties can command.
There is currently a little house on this 661m2 block so you can negative gear until you are ready to build.
OPTION 3
Build your dream home on this site, consistently buyers are giving me feedback that they want panoramic views but also want to be a good distance from their neighbours.
Most blocks in the area on 405m2 with a 10m frontage, this 661m2 block has a 15m2 frontage (approx).
Close to everything:
Walk across the road and you have Pandanus beach, Wynnum only man made beach with white sand, there is the Wading pool 100m meters away that is currently getting a multi million dollar face lift, stroll down the jetty to get the breezes or do some fishing.
This location is walking distance to public transport and Wynnum Central.
Wynnum central is on the verge of major redevelopment with many saying that is will be the next Bulimba.
Don’t missout on this rare opportunity of a slice of paradise on a 661m2 block zoned RB4.
Contact Marc Sorrentino 0419 787 480