Nestled within one of the most sought-after streets in the terraces of Wynnum, this generous 655m2 block of land presents a very rare opportunity for astute builders, owner occupiers or investors with its rare lot size and position. Surrounded by quality homes in an area which is undergoing extensive and exciting redevelopment, this is a dream come true for the right buyer who understands the value of the position. There is a bonus house, which could be renovated and rented out (it requires work), or you could demolish it (STCA) and have a blank canvas worthy of an exceptional masterpiece and capitalise in this enviable position. With views from the original house upstairs, this can only be improved as the block enjoys further elevation from the rear and great views over Moreton Bay. This expansive block has endless possibilities with 13,7 metre frontage and 45,7 metre depth. Situated between Wynnum and Manly, you get the best of both worlds. You will enjoy a wonderful family lifestyle nearby highly regarded schools, public transport, restaurants, and everything Wynnum has to offer including the Esplanade only a short stroll away. - Rare 655m2 in a great position which can be landbanked or redeveloped - 3 bedroom brick veneer home in very basic condition needing maintenance that has returned $560 per week (vacant possession) - Moments from Wynnum CBD, Wynnum Golf Course, wading pool & jetty - Easy access to Manly Boathouse & Royal QLD Yacht Squadron - Stroll to Manly Village retail, dining, and nightlife venues incl. 'The Arsonist' - Close to the highly regarded Moreton Bay boys' & girls' colleges - Effortless access to airport and CBD via motorway links, bus & Manly train station - 350m (approx) from foreshore This property is going to auction so is being marketed without a price. Previously tenanted, the property is vacant and is being sold as is. There may be work required to bring up to minimum housing standard, so we are unable to give a rental appraisal as is. Terms 30 days. Deposit 5%. Please ensure you do your own market research and due diligence. Motivated seller is overseas and committed to liquidating this asset.
Email enquiry to McGrath Wynnum - Manly
Properti ID: 146330856