Wynnum 26 Emsworth Street

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$1,205,000

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Block of Flats for Sale - Wynnum Central

10 5 5

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On the market for the first time, Malvern Court presents you with an opportunity to secure your own sought-after slice of Wynnum Central.

Fully tenanted, achieving a respectable total income of over $72,000 per annum, this unit block comprises the following:

5 units, each with 2 bedrooms and exclusive use lock-up garage. Solid, low maintenance brick, tile and besser block construction. Communal laundry.
Situated on a 799m2 level, corner block, zoned to accommodate 5 storey development, this presents well to the astute investor as a sensible nest egg for now and a development site for the future.

In a prime Wynnum Central location and just a short walk to everything this popular suburb has to offer, Malvern Court is as solid an investment as is its construction. The sellers are serious about moving on - if you're looking to landbank now, with a view to future growth, this one may be for you.