The location of this site has to be seen to be believed.

Situated on Wynnum’s prestigious Esplanade, this rare and level 1282sqm LMR 2 zoned site is ripe for the taking.

If you haven’t noticed, Wynnum is on the up with numerous developments underway and in planning. Unit sales in the area are selling quickly at premium prices.

Previous DA that has now expired was for 3 freehold Townhouses and 4 units but with some creative designing/planning and new height rule of 9.5mtrs, 13 units, over 3 levels could be achieved (Semi cut Sub basement carpark) or add a couple of sub penthouses which will easily sell for $1.1M+. ***Subject to council approvals, please seek town planning advice.

KEY BENEFITS

* Absolute waterfront with breathtaking views of the Bay

* 30 Metre street frontage with two street access and 822 sqm is already retained, filled and raised approx. half a meter.

* Booming area with the a relaxed lifestyle by the water that many dream of, only mins to Manly, Wynnum’s town centre, local amenities and 25 mins to the city.

* Strong resale figures for end product.

* 2 blocks vacant and only a home split into units returning 620p/w holding income to be demolished on the other.

* Also has approval to be reconfigured into 4 smaller lots, Ideal for 4 large and luxurious freehold Sky homes if more suited to your needs.

* Potential to add next door of 493sqm to increase yield/profit at extra cost.

Call now for more information and to secure your interest.

RWNP