928 Wynnum Rd 1,755 SF Retail Building Cannon Hill, QLD 4170 $158,455 ($90.31/SF) 7.20% Cap Rate

This 1,052 m² site, zoned Medium Density Residential, allows for the creation of up to five storeys (STCA), presenting an opportunity for developers and investors seeking value in a rapidly evolving precinct. With 20.44 meters of prime Wynnum Road frontage, the property provides superior exposure to approximately 57,000 vehicles per day, ensuring strong positioning for future projects or continued income. Currently occupied as a functioning car dealership, the asset includes a 163 m² office/workshop and expansive 889 m² hardstand area, secured under a lease with approximately 14 months to run. This guarantees holding income while planning future site enhancements.