20 Alkoomie Street, Wynnum QLD 4178

This offers a rare opportunity to secure a premium landholding of 923m², less than 150 metres from the highly desirable Wynnum North Esplanade. This is a blank canvas, offering flexibility for homeowners, investors or developers alike. You can develop and build your dream, or landbank for future redevelopment with confidence.

Owned by the same family since new for the past 72 years, this original 1953 post-war cottage has provided a wonderful lifestyle for generations. Memories here are of fishing, canoeing, kayaking, feeding pelicans, crabbing, sunrise walks along the esplanade, climbing trees in the park, and boating adventures to St Helena Island.

Now it's time for a new chapter, with enormous potential for redevelopment in this tightly-held bayside pocket.

Key Features:

- Cleared, level 923m² block
- 16.4m frontage × 57m depth
- Less than 150m to Wynnum North Esplanade
- Original post-war 1953 cottage (knock down, landbank, or rent)
- Rental return as is: approx. $580–$600 per week
- Fully fenced, with quality neighbouring fencing on one side
- Two existing garden sheds, useful for site office/storage
- Services in place: water to middle of block, sewer to rear
- No bush covenants, easements, vegetation overlays, character or heritage restrictions
- Form 2 available on request
- Redevelopment options (STCA):
- Build your dream home
- Landbank for future growth
-Ppossible potential for two duplexes to maximise profit based on water proximity (STCA)

Set in a prime lifestyle location, this is one of Wynnum's most exciting opportunities - a large land parcel so close to the waterfront, free of restrictions, offering flexibility for homeowners, investors, and developers alike.
With new redevelopment and the highest sale price in the history of Wynnum in Alkoomie Street (82 Alkoomie street, sold by Gaby McEwan from McGrath in 2024 for $4005,000 and the top 5 sales in Wynnum being nearby to this location) this position already has set a new benchmark for luxury new builds. Contact Gaby McEwan today for further information.