212 Bay Terrace,
Wynnum, QLD 4178
Offices • Shops & Retail • Medical & Consulting
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Patona Property - BRISBANE CITY
Level 3 / 100 Creek StreetBRISBANE CITY, QLD 4000
212 Bay Terrace
Wynnum, QLD 4178
Map of 212 Bay Terrace
Train stations within 5 km of 212 Bay Terrace, Wynnum, QLD 4178 Distance Wynnum Central Station 666 m Manly Station 1.1 km Wynnum Station 1.3 km Wynnum North Station 2.1 km Lota Station 2.9 km POWERED BY HERE ©Bus stops within 5 km of 212 Bay Terrace, Wynnum, QLD 4178 Distance Bay Tce at Guardian Angels School 129 m Bay Tce at Walnut Street 206 m Bay Tce at Clara Street 262 m Florence St at Wynnum Central 419 m Mount Joy Tce Near Irene St 426 m POWERED BY HERE ©
POWERED BY HERE ©
FULLY LEASED INVESTMENT WITH MULTIPLE VALUE-ADD OPPORTUNITIES
- Exceptional corner holding
- High quality tenancy mix
- Redevelopment opportunity
Patona Property are pleased to offer for sale 212 Bay Terrace, Wynnum - an exclusive opportunity to acquire a strategic asset in the bayside precinct.
212 Bay Terrace is an ex-Government office building suitable for both investors and owner occupiers. Currently configured for multiple tenancies, the building can easily be adapted to accommodate a single building user.
For Sale via Offers to Purchase closing
Thursday 5 September 2024 at 12 noon
(if not sold prior)
- 1604sqm land parcel with flexible zoning allowing for various development opportunities and future repositioning (Subject to Council Approval)
- 870sqm total building area across one floor
- 615sqm leased area, with 255sqm of shared area for tenants.
- 31x car parks (27x secure basement parks, 4x on-grade parks).
- Well maintained outdoor break-out area.
- Annual net income of $192,527 (approx.) with immediate market income growth.
- Strong tenant covenants including various healthcare groups, and Brisbane City Council.
- Major building works completed including new roof and 30kw solar system generating in excess of $25,000 per/annum.
- Expansive views to Moreton Bay and excellent natural light.
With improving retail and lifestyle amenity, the area is on a strong growth trajectory. The councils positive view on progress and development will encourage further investment in the suburb, leading to an optimistic outlook on the local market.
Please contact the listed agents for further details.
212 Bay Terrace is an ex-Government office building suitable for both investors and owner occupiers. Currently configured for multiple tenancies, the building can easily be adapted to accommodate a single building user.
For Sale via Offers to Purchase closing
Thursday 5 September 2024 at 12 noon
(if not sold prior)
- 1604sqm land parcel with flexible zoning allowing for various development opportunities and future repositioning (Subject to Council Approval)
- 870sqm total building area across one floor
- 615sqm leased area, with 255sqm of shared area for tenants.
- 31x car parks (27x secure basement parks, 4x on-grade parks).
- Well maintained outdoor break-out area.
- Annual net income of $192,527 (approx.) with immediate market income growth.
- Strong tenant covenants including various healthcare groups, and Brisbane City Council.
- Major building works completed including new roof and 30kw solar system generating in excess of $25,000 per/annum.
- Expansive views to Moreton Bay and excellent natural light.
With improving retail and lifestyle amenity, the area is on a strong growth trajectory. The councils positive view on progress and development will encourage further investment in the suburb, leading to an optimistic outlook on the local market.
Please contact the listed agents for further details.
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If you'd like to inspect this property in person, please to arrange a private inspection.
Property ID: 504658132Last Updated: 7 Aug 2024
Patona Property - BRISBANE CITYLevel 3 / 100 Creek Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
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