FOR SALE
EOI closing 5 June 2024 4pm

55, 57, 61 & 63 Tingal Road
Wynnum QLD 4178

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 283m2
Land area: 2021m2
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Bayside Development Site with Holding Income

RWC Bayside and Ray White Special Projects (Qld) are pleased to present 55, 57, 61 & 63 Tingal Road, Wynnum to market For Sale by Expressions of Interest.
With a total footprint of 2,021sqm* across 4 titles located in the heart of the Wynnum revitalisation area, this property includes a 2-level commercial brick building and timber cottage which currently generate a holding income of $118,036* PA.
This is an opportunity for investors or owner-occupiers to utilise the current buildings, value-add and reset, or with its predominantly LMR2 zoning, redevelop the site^.
Features include:
- Total site area of 2,021sqm*
- 4 existing titles
- Located 14km* east of the Brisbane CBD on the edge of Moreton Bay
- Predominantly zoned LMR2 Low-Medium Density Residential (2 or 3 storey mix)
- 2 level commercial brick building
- Timber cottage currently used as commercial rental space
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Property Details for 55, 57, 61 & 63 Tingal Rd, Wynnum, QLD 4178

Building Type
Commercial
Floor Size
283m2
Land Size
2021m2

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About Wynnum 4178

The size of Wynnum is approximately 6.1 square kilometres. It has 18 parks covering nearly 17% of total area. The population of Wynnum in 2011 was 12,229 people. By 2016 the population was 12,924 showing a population growth of 5.7% in the area during that time. The predominant age group in Wynnum is 40-49 years. Households in Wynnum are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wynnum work in a professional occupation. In 2011, 60.2% of the homes in Wynnum were owner-occupied compared with 60.9% in 2016.

Wynnum has 7,217 properties.

    There are currently 48 properties listed for sale, and 31 properties listed for rent in Wynnum on OnTheHouse. According to CoreLogic's data, 305 properties were sold in the past 12 months in Wynnum.

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    Nathan Moore
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    Benn Woods
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    RWC Bayside
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