Zoned as ‘Medium Density Residential Development’ in the BCC Wynnum/Manly Neighbourhood plan due to its proximity to Wynnum Central Village and the Wynnum Transport Hub, and allowing for residential development applications of up to 5 storeys and/or 16m height, this property truly represents a rare and increasingly scarce 3 way opportunity: NOW >> A High Rental Yielding Investment Property: Currently has 4 Units • Each with 1 bed / 1 bath / 1 car with: o Open Plan Living / Dining / Kitchen o Spacious bedroom o Large bathroom and laundry o Single garage with undercover clothes line • All Tenanted • Returning over $45K /year • With extraordinarily low running costs … ANYTIME FROM HERE >> An amazing Major Development Opportunity: • Current Unit Block NOT protected and can be removed • Large, flat, well proportioned, 799m2 corner block • Zoned for Medium Density Residential Development as per the Wynnum/Manly Neighbourhood Plan / ‘Wynnum Central’ Precinct / ‘Western Residential’ Sub-Precinct provisions • Located in a famously warm and close-knit community • Within ultra-short strolling distance to: o Wynnum Central Village o Wynnum Central Station o Multiple Bus Stops o Shopping, Dining, Clubs, Pubs, Medical / Specialist, Government Services o Wynnum Golf Club (across the road) o Wynnum Esplanade and Moreton Bayside o And … so much more … AND/OR DOWN THE TRACK An amazing Land-Banking Opportunity: • And/or just hold-on to this one and ‘keep it in the bank’ to take advantage of the likely Capital Gains potential it could well represent … down the track Savvy Investors and/or Developers please present yourselves urgently to receive a Property Prospectus pack - including full B&P Report. DISCLAIMER: This property is being sold by Tender without a price and therefore a price guide cannot be provided. This website may have filtered the property into a price bracket for website functionality purposes only.