Featured listing

685 Wynnum Road, Morningside QLD 4170

3 Bed 2 Bath 1 Car 1,115sqm

Centrally located in the highly sought-after suburb of Morningside, presents this rare opportunity for you to secure 1,115 sqm of prime north facing real estate gold being offered to the market for the first time in over 20 years.

The property is zoned LMR2 Low-Medium Density Residential (2 or 3 Storey Mix) giving rise to an endless array of development options from land sub-division, townhouses, units and more (subject to council approval). The land is currently improved with a charming high set circa 1920’s Queenslander which has been partially renovated and partitioned to provide two self-contained areas (1x 2 Bed, 1 Bath and 1x 1 Bed, 1 Bath) previously returning up to $600 per week ($31,200 pa), however with no Demolition Control, you are only limited by your imagination! Now is your chance to secure this piece of prime inner city land and profit from the development of your choice or simply land bank now and enjoy the exponential capital growth as Brisbane ramps up towards hosting the 2032 Olympic Games.

Key Features:

– 1,115 cleared near level prime inner city land

– Low-Medium Density Residential (2 or 3 Storey Mix) Zoning

– No Demolition Control (No Traditional Building Overlay)

– 19m Street Frontage x 60.9m Depth

– Potential holding income of $31,200 pa

Morningside is conveniently located only 12 minutes (7.5km) south-east of the Brisbane CBD with easy access to both the Gateway Motorway and Pacific Motorway and is only 15 minutes to the Brisbane Airport. The area is on the doorstep to endless entertainment options including Oxford Street, Howard Smith Wharves, Southbank and the much-anticipated Queens Wharf precinct. There is an abundance of shopping choices just a short stroll away and Morningside Plaza and Morningside Central Shopping Centre are both within walking distance. Westfield Carindale Shopping Centre is also only a short drive. The area is well serviced by several local bus routes whilst Morningside Railway Station is just 700 metres away (9 minute walk). The property is surrounded by numerous parklands and walking/bike trails and is located in the Morningside State Primary School catchment for Prep to Year 6 and Balmoral State High School catchment for Years 7 to 12. The prestigious Cannon Hill Anglican College (CHAC), Anglican Grammar School (Churchie) and Lourdes Hill College are also close by.

Act now and don’t delay as this fantastic opportunity is one not to be missed. For further enquiries, an information pack or to make an appointment to view please contact Andrew on 0422 164 623 or via email andrew@declaraproperty.com

Land Area – 1,115 sqm
Zoning – LMR2 Low-Medium Density Residential (2 or 3 Storey Mix)
Real Property – Lot 1 on Registered Plan 13317

Disclaimer
This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. While every effort has been made to ensure the accuracy and completeness of the above information, no guarantee is given nor responsibility taken by De Clara Property Services Pty Ltd for errors or omissions and De Clara Property Services Pty Ltd does not accept responsibility in respect of any information or advice given in relation to or as a consequent of anything contained herein.