An exceptional investment opportunity offering reliable income and low-maintenance appeal, this fully tenanted rooming accommodation property presents a high-performing asset in a sought-after bayside location.
Positioned on a north-facing 405sqm allotment with low outgoings and consistent rental demand, the five-room residence generates an annual gross income of $114,660, making this an outstanding opportunity for buyers seeking immediate returns and long-term performance.
Well-designed with modern finishes and air-conditioning, the property comprises five self-contained rooms, each featuring a private bedroom, bathroom, kitchenette, living space and courtyard. Residents also have shared access to a small kitchen and laundry.
Centrally positioned, this property offers Wynnum's wonderful lifestyle within walking distance. Tenants can venture just 400m to bus stops, 550m to the local cafe, bakery and eateries, and 1.1km to Manly train station.
The shopping and dining at Manly Harbour Village and Wynnum Central are within 4 minutes, and you are 3 minutes from the remarkable recreation at Wynnum Golf Club and the Wynnum waterfront. The Gateway Motorway is easily accessible for travel, and this property is only 20 minutes from the Airport and 30 minutes from the CBD.
Property highlights include:
- Rooming accommodation investment with five individual rooms
- $114,660 annual gross income with low outgoings
- Fully tenanted property with strong rental demand
- Each room features a bedroom, bathroom, kitchenette, living and courtyard
- Shared laundry, small communal kitchen, three on-site car spaces
- Air-conditioning, LED downlights, security screens, 15kW solar
- Prime position in Wynnum on a north-facing 405sqm allotment
- 400m to bus stops, 1.1km to Manly train station
- 20 mins to Airport, 30 minutes to CBD, close to M1 Motorway
- Moments to the waterfront, golf course, shopping and dining
Disclaimer
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
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