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177 Wynnum Esplanade
Wynnum, QLD 4178
OFFERS OVER $1,800,000
Overview
Holding Income until You Build Your Dream Home
This property offers a unique investment opportunity located in a prime position on the Wynnum Esplanade. The site comprises a 460 square meter block in a highly sought-after blue ribbon location, providing a front row seat to the scenic waterfront lifestyle.
The dwelling consists of three income-producing units, currently generating an annual return of just over $50,000, making it an attractive prospect for investors seeking steady rental income. The motivated seller is transitioning to retirement, presenting a chance to secure a valuable asset with promising future potential.
The property features four bedrooms, three bathrooms, and two parking spaces, accommodating comfortable living arrangements. The layout and design cater to both tenants and owner-occupiers, with versatile options for future development or redevelopment subject to council approval.
Situated in the vibrant suburb of Wynnum, residents benefit from proximity to local amenities, schools, and recreational areas. The location is well-serviced by public transport and offers easy access to the Brisbane CBD and surrounding regions.
Potential buyers are encouraged to conduct their own independent research to verify all details, as the information provided is a guide only. Inspections are available by appointment, allowing interested parties to explore the property and its features in detail.
This investment is ideal for those looking to hold income while planning to build their dream home in the future, combining immediate returns with long-term lifestyle benefits.
Location
Wynnum QLD 4178
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.