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42 Agnes St Wynnum QLD 4178

  • Hotel, Motel, Pub & Leisure
  • For Sale, Expressions Of Interest

Block of 4 strata title units being sold in one line | Resort Brokers ID : FH007273

    ResortBrokers is excited to bring to the market the opportunity to purchase a freehold site consisting of 4 x two-bedroom units being sold in one line. This is a fantastic real estate investment opportunity with huge potential for future development. Set on 809m2 of land zoned RESIDENTIAL B R4 and with an approx. 20 metres frontage, Wynnum Bayside Apartments are currently being run as short term accommodation achieving a yearly revenue of rental income of over $150k in 2021 alone. However, after expenditure was used in order to run the business as passively as possible, the owners earnt a Net profit of $79,104. Wynnum Bayside Apartments has been assessed by Queensland Tourism with a 4.5-star accommodation rating.

    - Whole block of units for sale in one line
    - 4 x two-bedroom units, garages within a secure gated yard
    - FY2021 had revenue of $154k
    - After expenses to run as a short term semi-passive operation $75k Net Profit
    - Opportunity to continue as short term accommodation
    - Future development opportunity
    - Amazing bayside location just 200m to the Wynnum Foreshore
    - Genuine reason for sale - owners' employment situation has changed
    - Booming Wynnum property market
    - Inspections are by appointment only

    Property Highlights

    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2017854347
    Category
    Last updated  7 Jun 2022
    Map for 42 Agnes St Wynnum QLD 4178

    Property Highlights

    Floor AreaAsk Agent
    Land AreaAsk Agent
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2017854347
    Category
    Last updated  7 Jun 2022
    362 Montague Rd West End QLD 4101
    Nathan Eades
    Nathan Eades
    ResortBrokers®

    More Hotel, Motel, Pub & Leisure for Sale in Wynnum QLD

    For SaleExpressions Of Interest
    42 agnes st,wynnum, QLD 4178
    Hotel, Motel, Pub & Leisure
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