122 Berrima Street
Wynnum, QLD 4178

Overview

1,540sqm* Site with Development Approval & Opportunity to Increase Yield

This elevated corner site in the heart of Wynnum offers a substantial land area of approximately 1,540 square meters, presenting a prime opportunity for development. The property is currently offered for sale by Expressions of Interest, inviting developers to explore its potential.

The site benefits from existing Development Approval for 46 residential units, with council support to increase the yield to 65 two-bedroom apartments, subject to council approval. This flexibility provides an excellent prospect to capitalize on Wynnum's growing residential market and lifestyle appeal.

Strategically positioned opposite the local RSL and within walking distance to essential amenities, the location offers exceptional convenience. Residents and future occupants will enjoy proximity to public transport, shopping, and dining precincts, enhancing the lifestyle experience.

Key features of the property include:

• An elevated and cleared 1,540 square meter site with prominent corner exposure, ideal for maximizing development potential.
• Development Approval for 46 units, with potential to increase to 65 two-bedroom apartments, subject to council approval.
• Located approximately 30 kilometers east of Brisbane's Central Business District, providing accessibility to the city while enjoying a suburban environment.
• Central Wynnum location, just a three-minute walk to the train station, 250 meters to Woolworths supermarket, and 500 meters to the Bay Street dining precinct, offering a vibrant community atmosphere.
• The area is experiencing surging market conditions, with median house prices around $1,250,000 and unit prices approximately $750,000, reflecting strong demand and investment potential.
• Surrounded by significant private and public infrastructure investments, contributing to the suburb's rejuvenation and growth prospects.

Expressions of Interest for this property close on Thursday, 23 October 2025, at 4pm. This presents a timely opportunity for developers and investors to engage with a site that combines location, approval, and growth potential in a sought-after suburb.

Further information is available upon enquiry, providing interested parties with the necessary details to assess this development opportunity.

Note: All measurements and figures are approximate and subject to verification. The property is sold by auction or without a fixed price guide.

Change History

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