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
Hugh Fletcher, Sales & Leasing Associate at Ray White Commercial Bayside, was charged with finding a new tenant for 13/685 Old Cleveland Road East, Wellington Point. The tenancy, previously a Nando’s outlet, was located in the highly successful Horizon @ Wellington Point shopping village and had been vacant for over … Read more
The award-winning sales and leasing team at Ray White Commercial Bayside sold this 9,838m² site to new owners in mid-2021. With multiple buildings and a total NLA of 1,480m², the property was subject to a number of short term leases to tenants who had been in place for an extended … Read more