FOR SALE
Sale By Expressions Of Interest

89 Tingal Road
Wynnum QLD 4178

Bedrooms: -
Bathrooms: -
Car spaces: 30
Floor area: 933m2
Land area: 1204m2
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Freestanding Government-Grade Office Building with Secure Basement Parking

RWC Bayside is pleased to present 89 Tingal Road, Wynnum to market For Sale by Expressions of Interest.
This freestanding 933sqm* government-grade building on a 1,204sqm* block is prominently located on the corner of Tingal Road and Clara Street, with high passing traffic exposure.
Purpose-built for, and previously occupied by, Centrelink, the current fitout configuration includes a large open-plan reception/waiting area and multiple client consultation desks. Back of house consists of 8 private offices, a training room, staff lunchroom, storeroom, server/IT room, and staff amenities. Secure basement parking is accessed from Clara Street with 30 spaces currently marked.
Freestanding buildings of this size and quality rarely come to market. Potential uses for the site include premium corporate offices, medical, education, and other professional services. However, with the site's 'Major Centre' zoning, a variety of food, community services, retail, church, and bar/nightclub uses could be considered (STCA^).
Additionally, the site allows for future development upside, with the current town plan provisioned for buildings up to 28 metres/8 storeys (STCA^), giving buyers another medium/long term option to further enhance the site in time.
Located 14km* east of the Brisbane CBD on the edge of Moreton Bay, Wynnum has seen significant development over the past 5 years. Completion of several new apartment buildings and a cinema complex, refurbishment of existing premises and the introduction of dozens of new businesses have all contributed to the revitalisation of the core trade area.
Currently, there are 6 new multi-storey apartments (5-8 floors; 200* total apartments) under construction within 500m* of 89 Tingal Road, with several more development submissions with council. Proximity to the water, excellent local amenities, short connections via road and rail to the city, and a laid-back seaside lifestyle are key drivers in the ongoing popularity and development of the area.
Features include:
- 933sqm* disability-compliant office on a 1,204sqm* corner block zoned 'Major Centre'
- Large open-plan reception and waiting area
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Property Details for 89 Tingal Rd, Wynnum

Building Type
Commercial
Floor Size
933m2
Land Size
1204m2

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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 7,213 properties. Over the last 5 years, Houses in Wynnum have seen a 86.37% increase in median value, while Units have seen a 81.60% increase. As at 31 October 2024:

  • The median value for Houses in Wynnum is $1,212,910 while the median value for Units is $788,671.
  • Houses have a median rent of $685 while Units have a median rent of $550.
There are currently 50 properties listed for sale, and 43 properties listed for rent in Wynnum on OnTheHouse. According to CoreLogic's data, 317 properties were sold in the past 12 months in Wynnum.

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Nathan Moore
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