Sold
41-43 Wynyard Street,
Cleveland 4163, Queensland
Price withheld
Property details
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Agents
High-Exposure Freestanding Asset in the Heart of Cleveland CBD
RWC Bayside is pleased to present 41-43 Wynyard Street, Cleveland to market for sale via Expressions of Interest.
Positioned in the heart of Cleveland's tightly-held town centre precinct, the asset presents a rare opportunity to secure a high-quality, income-producing commercial asset with genuine flexibility and long-term upside. Occupying a prominent 1,614sqm* landholding at the gateway to Cleveland Central Shopping Centre, within the established medical and professional hub, the property benefits from exceptional exposure, accessibility and surrounding amenity. The well-constructed building provides approximately 645sqm* of NLA and is currently configured as three separate tenancies.
The property generates a strong holding income of approximately $344,310 per annum, delivering meaningful cash flow from day one. With the ability to reconfigure into up to five tenancies or consolidate for a single owner-occupier, the asset offers significant flexibility. Principal Centre zoning permitting building heights up to 26m (STCA) further enhances the long-term development and intensification potential, making this an outstanding opportunity for investors and owner-occupiers alike.
Features include:
• 645sqm* nett lettable area
• 1,614sqm* prominent town centre landholding
• Nett income approx. $344,310 PA (after land tax)
• Configured as three tenancies with potential to expand to five
• Principal Centre zoning - up to 26m height (STCA)
For sale via Expressions of Interest.
For more information please contact Nathan Moore or Alex Sinclair at RWC Bayside.
* Approximately
(STCA) Subject to Council Approval
Positioned in the heart of Cleveland's tightly-held town centre precinct, the asset presents a rare opportunity to secure a high-quality, income-producing commercial asset with genuine flexibility and long-term upside. Occupying a prominent 1,614sqm* landholding at the gateway to Cleveland Central Shopping Centre, within the established medical and professional hub, the property benefits from exceptional exposure, accessibility and surrounding amenity. The well-constructed building provides approximately 645sqm* of NLA and is currently configured as three separate tenancies.
The property generates a strong holding income of approximately $344,310 per annum, delivering meaningful cash flow from day one. With the ability to reconfigure into up to five tenancies or consolidate for a single owner-occupier, the asset offers significant flexibility. Principal Centre zoning permitting building heights up to 26m (STCA) further enhances the long-term development and intensification potential, making this an outstanding opportunity for investors and owner-occupiers alike.
Features include:
• 645sqm* nett lettable area
• 1,614sqm* prominent town centre landholding
• Nett income approx. $344,310 PA (after land tax)
• Configured as three tenancies with potential to expand to five
• Principal Centre zoning - up to 26m height (STCA)
For sale via Expressions of Interest.
For more information please contact Nathan Moore or Alex Sinclair at RWC Bayside.
* Approximately
(STCA) Subject to Council Approval
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Nathan Moore
41-43 Wynyard Street, Cleveland QLD 4163
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Nathan Moore
41-43 Wynyard Street, Cleveland QLD 4163