Freestanding Government-Grade Office Building with Secure Basement Parking

Sale By Expressions Of Interest

89 Tingal Road

Wynnum QLD 4178

Offices

FOR SALE

933m2

RWC Bayside is pleased to present 89 Tingal Road, Wynnum to market For Sale by Expressions of Interest.

This freestanding 933sqm* government-grade building on a 1,204sqm* block is prominently located on the corner of Tingal Road and Clara Street, with high passing traffic exposure.

Purpose-built for, and previously occupied by, Centrelink, the current fitout configuration includes a large open-plan reception/waiting area and multiple client consultation desks. Back of house consists of 8 private offices, a training room, staff lunchroom, storeroom, server/IT room, and staff amenities. Secure basement parking is accessed from Clara Street with 30 spaces currently marked.

Freestanding buildings of this size and quality rarely come to market. Potential uses for the site include premium corporate offices, medical, education, and other professional services. However, with the site's 'Major Centre' zoning, a variety of food, community services, retail, church, and bar/nightclub uses could be considered (STCA^).

Additionally, the site allows for future development upside, with the current town plan provisioned for buildings up to 28 metres/8 storeys (STCA^), giving buyers another medium/long term option to further enhance the site in time.

Located 14km* east of the Brisbane CBD on the edge of Moreton Bay, Wynnum has seen significant development over the past 5 years. Completion of several new apartment buildings and a cinema complex, refurbishment of existing premises and the introduction of dozens of new businesses have all contributed to the revitalisation of the core trade area.

Currently, there are 6 new multi-storey apartments (5-8 floors; 200* total apartments) under construction within 500m* of 89 Tingal Road, with several more development submissions with council. Proximity to the water, excellent local amenities, short connections via road and rail to the city, and a laid-back seaside lifestyle are key drivers in the ongoing popularity and development of the area.

Features include:
- 933sqm* disability-compliant office on a 1,204sqm* corner block zoned 'Major Centre'
- Large open-plan reception and waiting area
- 8 private offices, training room and staff amenities
- 30 secure basement car spaces
- 250m* to rail and bus connections
- Located 14km* east of Brisbane CBD
- Development potential up to 28m/8 storeys STCA^

For Sale by Expressions of Interest.

Contact exclusive agents Benn Woods and Nathan Moore of RWC Bayside for the Information Memorandum

* Approximately
^ Subject to Council Approval