This 1,690sqm* site features a 670sqm* brick building with an additional 72sqm* of under-awning workspace, ample on-site parking, and a sealed hardstand area. Despite some challenges, such as low site coverage and limited potential for unlocking additional usable space due to the existing building’s location, the property’s strategic position at a high-visibility intersection offered significant appeal. Though a knockdown and rebuild was not immediately justifiable, the site’s long-term value made it a strong asset for potential investors.
Marketed by RWC Bayside agents Nathan Moore and Alex Sinclair on behalf of a private investor, the property attracted extensive interest during a four-week expressions of interest campaign. A targeted multi-channel marketing strategy generated 98 enquiries, 13 property inspections, and 10 formal offers. This strategic approach led to a highly competitive bidding environment, culminating in an unconditional contract signed just 48 hours after the campaign closed.
The vendor was extremely pleased with the strong offers and favourable terms presented, and a record-breaking sale price provided a compelling basis for finalising the agreement with the selected buyer.
This transaction highlights both the high demand for quality assets in key locations and the expertise of RWC Bayside’s Sales & Leasing team in creating tailored marketing strategies, delivering superior customer service, and negotiating optimal terms for their clients.
For a confidential discussion about buying, selling, or leasing commercial property in Brisbane’s Bayside and surrounding areas, contact Nathan Moore or Alex Sinclair at RWC Bayside.
_________________________
Nathan Moore – 0413 879 428
Alex Sinclair – 0487 183 573
The sale of 89 Tingal Road, Wynnum required a methodical, multi-faceted approach. After several years of poor management and advice from previous property managers, the vendor was left with unrealistic expectations around the property’s market value. This fully disability-compliant, purpose-built government-grade facility had served as a Centrelink office under a … Read more
The sale of 126 Edith Street, Wynnum, demonstrates how a well-executed sales strategy and targeted marketing campaign can drive strong buyer interest and ultimately result in a superior sale outcome. The property is a single-storey brick building on an 810m²* block, strategically located opposite Coles in the Wynnum CBD. Comprising … Read more