175 Bay Terrace,
Wynnum, QLD 4178
Offices • Medical & Consulting • Shops & Retail
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Car spaces
Zoning
Tenure type
Sold on
Map of 175 Bay Terrace
Office Block With Income And Development Potential
- Owner Occupy Or Invest
- Potential nett return of $82,750
- Build up to 5 storeys/18m STCA
Ray White Commercial Bayside are pleased to offer 175 Bay Terrace, Wynnum for sale.
This two storey office block with an NLA of 336sqm* has been recently renovated and presents in excellent condition. The property currently has two tenants on the ground floor, with a remaining 168sqm* available for owner-occupiers. Alternatively, this space could be leased out, providing investors with a potential nett return of $82,750* + GST per annum.
The property has great exposure to Bay Terrace, front and back balconies, and pylon signage for tenants. The rear of this 607sqm* block has 9 car parks, as well as refurbished staff amenities.
Astute buyers will also take note of the development potential of the site, having a maximum building height of 5 storeys or 18m under the Wynnum/Manly Neighbourhood Plan (STCA).
Features include:
- 340sqm* two storey office building on 607sqm* block
- 58sqm* and 110sqm* ground floor offices returning a current nett rent of $38,950* + GST pa
- 168sqm* is available to lease or for an owner occupier
- Potential nett return of $82,750* + GST pa
- Future development upside (build up to 5 storeys/18m STCA)
Sale Price - $1,195,000
Contact Exclusive Agents - Benn Woods 0408 689 6... or Nathan Moore 0413 879 4...
This two storey office block with an NLA of 336sqm* has been recently renovated and presents in excellent condition. The property currently has two tenants on the ground floor, with a remaining 168sqm* available for owner-occupiers. Alternatively, this space could be leased out, providing investors with a potential nett return of $82,750* + GST per annum.
The property has great exposure to Bay Terrace, front and back balconies, and pylon signage for tenants. The rear of this 607sqm* block has 9 car parks, as well as refurbished staff amenities.
Astute buyers will also take note of the development potential of the site, having a maximum building height of 5 storeys or 18m under the Wynnum/Manly Neighbourhood Plan (STCA).
Features include:
- 340sqm* two storey office building on 607sqm* block
- 58sqm* and 110sqm* ground floor offices returning a current nett rent of $38,950* + GST pa
- 168sqm* is available to lease or for an owner occupier
- Potential nett return of $82,750* + GST pa
- Future development upside (build up to 5 storeys/18m STCA)
Sale Price - $1,195,000
Contact Exclusive Agents - Benn Woods 0408 689 6... or Nathan Moore 0413 879 4...
Explore property virtually
Video
Property ID: 503159294Last Updated: 30 Mar 2021
175 Bay Terrace
Wynnum, QLD 4178
RWC - Bayside1/76 Old Cleveland Road
CAPALABA, QLD 4157
CAPALABA, QLD 4157
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
More properties from RWC - Bayside
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
First Floor, 66 Bay Terrace,Wynnum, QLD 4178 73 - 378 m²Offices • Medical & Consulting • Shops & Retail
$521,000
4 & 5/70-78 Bay Terrace,Wynnum, QLD 4178 41 - 90 m²Shops & Retail • Offices • Medical & Consulting