Hold and invest now and redevelop later !
Twelve month lease in place, returning $380 per week currently, increasing to $390 per week after first six months of lease period. Good tenants in place.
Double block of land within metres to all services, Wynnum Central location, and within walking distance to the waterfront, shopping services and medical facilities and Wynnum Central Business District.
Superb investment value in high capital growth location.
Located at 130 Singer St, Wynnum, this double block ticks all the boxes:
Tick One – Walking distance (fifteen minutes) to the beautiful waters of Moreton Bay
Tick Two – Double allotment with each site approximately 10 m frontage x 40 m deep.
Tick Three – Ideal opportunity to live in, or rent out now, and redevelop later.
Tick Four – Sound and very solid, three-four bedroom block and stucco home provides a steady rental income, or opportunity to make this your home and investment in one !
The streets around Wynnum Central, have already seen some significant re-development, with a mix of new home and unit development, so you can see the potential being realised before your very eyes. And similarly, with the introduction of the New Wynnum Central Town plan, this augers well for the potential value increase within Singer and surrounding streets.
Other positives here:
Walk to Wynnum State High School
Walk to bus and rail transport in Wynnum
Walk to Golf Course
Top value property in top value location – so don’t hesitate, and contact your local experienced agent to view.