Wynnum 29 Cedar Street
Sold
$1,900,000
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5 Units on 2 Lots - Superb Location - Close to Water!
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Outstanding opportunities like this don't come along often - situated on two lots (already subdivided), just footsteps to the waterfront, complete with 5 well maintained and partially renovated units - several options available here:
Buy now and watch your money grow over time. Buy now and benefit from the income while you plan your development. Buy now, move in and rent the rest out for steady income.Solid brick structure comprising the following:
4 x 1 bed units - spacious layout and nicely presented - some freshly painted, with LED fans, new downlights and window coverings. Single car carport parking. 1 x 3 bed unit - built-in robes, painted throughout, LED fans & downlights. Lock-up car accommodation included. 1 x rumpus room - currently housing a full size, impressive billiard table - potential for another unit (STCA).For the savvy investor, current rent potential stands at $114,000 per annum.
This rare listing is situated in Brisbane's Bayside, close to Wynnum shops, sports clubs, eateries and parklands, location is second to none. BEST OFFER BY 5pm on 3 MAY 2023, if not sold prior!
Disclaimer: This property is being sold without a price, and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website purposes. 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.
Property Features
- Garages 1
- Car Spaces 3
Local Information Wynnum
Education
Nearest Government Schools
- Darling Point Special School
- Wynnum State High School
- Manly State School
- Wynnum State School
- Wynnum West State School
- Manly West State School
Nearest Private Schools
- Guardian Angels' Primary School
- Maridahdi Brisbane Primary School
- St John Vianney's Primary School
- Moreton Bay Boys' College
- Iona College
- Moreton Bay College
Local Amenities
Park
- Fort Lytton National Park