Open Sat 19 May from 11.00 to 11.45 am
Sensational Value – Double Block – Two Lot Site 810 sqm land area total
This property is proudly presented to the marketplace by your local active agent.
Located at 12 Pine St, 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.
Positioned in a fast moving “east of Bay Tce” precinct, in Wynnum Central, is this sprawling weatherboard Queenslander, on a very generous 810 sqm double allotment, being 2 x 405 sqm allotments known as Lot 189 and Lot 190 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.
Remove and redevelop, build two new homes in a very high demand location.
For developers, each block being 405 sqm is 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.
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.
Royal Queensland Yacht Squadron Marina
Similarly, from a lifestyle perspective, the property is well located within Brisbane being, only 15 minutes drive to the main international and domestic airports, and has easy one hour access south to the Gold Coast, and north to the Sunshine Coast.
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 agent.
* A copy of the sustainability declaration is available upon request