701 Wynnum, Morningside QLD 4170

What a great investment....a block of four flats on a massive 1019m2 corner allotment in a prime location in Morningside. Unit 1 is the original character home with two bedrooms, and a large courtyard area, currently tenanted for $350 per week. Unit 2 is a two level townhouse with two large bedrooms, good size living areas and a private courtyard currently tenanted for $380 per week. Unit three offers the same design as unit two and is currently tenanted for $340 per week. Unit four is a lovely villa style townhouse with a great out door area and is currently tenanted for $360 per week. All units have their own single lock up garages. The entire complex is low maintenance and positioned close to the Morningside shopping precinct, Morningside central and Colmslie. It is an easy walk to the train station and allows for easy access to the Gateway, airport and CBD. The property is on a fabulous 1019m2 corner allotment and zoned LMR2. Driveway access is via Moore Street.
With a current return of $74360 per annum this property is perfect for the astute investor, or for your superannuation, or just land bank and reap the rewards, as blocks of land this size in the area are becoming rare. For more detail contact Stephen Rout on 0438 825 722.