SOUTH EAST QUEENSLAND – BAYSIDE BRISBANE – WYNNUM/MANLY
FOR SALE: LIST PRICE: $1.695M

Investors, builders and developers – Value here !

116 – 118 Berrima St, Wynnum

Excellent value development site – with current holding income.

Current DA for 8 storey development & 27 Units

Suitable to Consider for 8 storey development under current development application
Basement / ground level / plus 7 levels of residential.

Alternative: Consider for 5 storey development – on grade (ground level) parking plus 4 levels residential (approx 20 units)

An exciting new opportunity in a fast growing “near to water” precinct in South East Queensland.

Ideally suited to medium / larger scale developers, this is a scarce opportunity – walk to waterfront position with scope for excellent Moreton Bay views.

Site Address:

116-118 Berrima St, Wynnum Qld 4178
Located 14km directly east of Brisbane CBD on Moreton Bay.

Lot/Plan: Lots 423 & 424 on RP 33048 and Lot 2 on RP 54165

Site Area: 1,012 sqm

Zoning: 8 storey residential/commercial mixed zoning (High Density)

Council: Brisbane City Council

Current DA:

Approved A004380101 – approval dated 13 Dec 16

27 residential units over 8 levels (Total GFA 2580 sqm)

Mix: 3 x 1 bedroom, 18 x 2 bedrooms, 6 x 3 bedrooms

50 sqm common roof terrace with excellent Moreton Bay views

Parking: 33 residents plus 4 visitor parks.

Current Holding: 2 residential houses with holding income of approx. $3300 per month

Images:

Current DA: Overhead proposed building image

Aspect SW NW SE

Typical floor plate

Site plan – QUU assets

Aerial Images – Site

Aerial Images – Suburban Amenities

Artist impression – Proposed Building under current DA

Full DA plans and estimated revenues available upon reply request.

FOR SALE: – LIST PRICE $1.875M