Located on the corner of Bay Tce & Pine St, Wynnum, this 169m²* ground floor retail/commercial strata space was sold via an off-market transaction.
Boasting floor to ceiling windows and prominent street frontage, the tenancy is an ideal location for the buyer’s new medical practice.
With a sale price of $1,073,150, this is the highest ever price achieved for commercial/retail strata in the Wynnum area.
Sales Analysis
Sold Date | 26 June 2020
Sale Process | Off Market
Sale Price | $1,073,250
Building Area | 169sqm*
Car Park | 2 allocated + 8 Shared
Vendor | Leo Bax
Purchaser | TLD Medical
*Approximately
RWC Bayside recently facilitated the successful sale of 109 Bloomfield Street, Cleveland, marking a key transaction for the area. This freehold shopping centre occupies a 744sqm* ‘Principal Centre’ zoned site, offering a valuable opportunity for future use and redevelopment. The property was held by a private interstate owner for an … Read more
The sale of 74 & 76 Andrew Street, Wynnum, demonstrates how strategic property management and a well-executed sales campaign can maximise value for a commercial property owner. Benn Woods and the team at RWC Bayside played a crucial role in positioning the property for sale by systematically improving lease structures … Read more