The site is set in an elevated position providing expansive vista of Moreton Bay and its Islands, placed on a prime corner location on the main retail/commercial street of Bay Terrace, in the developing Wynnum Central precinct just one hundred metres to the waterfront and jetty, foreshore parks and close to neighbouring Manly Village where the harbour and marina is found.
The locality provides one of the best lifestyles in the City - leaving aside the Bay - there is substantial amenity in the site's immediate surrounds - specialist shopping , gym , restaurants , supermarkets and train station.
The locality is served by several private colleges and state schools also Wynnum Hospital and multiple sporting venues , junior clubs and the championship Gold Club.
Wynnum - Manly is the premium Eastern Bayside locality approximately 16kms East of the Brisbane CBD being approximately 30 minutes drive outside peak/hour.
The Port and Brisbane Airport is twenty minutes via the North - South Gateway Motorway. The subject property is an elevated 5,015m2 (approx) site enjoying four street frontages with expansive vista over Moreton Bay and Islands.
The site topography and dimensions provide natural divisions for staged mixed use (retail - residential-commercial) development.
Existing improvements consist of :
66 Bay Terrace: Library and semi retail shops.
Two level and quarter basement freestanding brick commercial building housing Wynnum library at ground and smaller office users on second level. Approximate GFA : 1519 sqm Small sealed carpark and access to basement storage.
Two smaller single level individual quasi retail to Bay Terrace - Approximate GFA 220- sqm and 239 sqm respectively.
48 Bride Street: Sealed bitumen carpark accessed via single crossover.
This offering represents a significant value-add/ mixed use development opportunity in Brisbane’s premier eastern ‘Bayside’ location.
Please submit Expressions of Interest to purchase to be in Chesterton hands by 4.00 pm Tuesday June 2nd 2015.