Sold for $1,205,000
Sold for $1,205,00026 Emsworth Street, Wynnum QLD 4178
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Property was sold on 1 December 2020.
Sold on 1 December 2020.
10 beds
5 baths
5 cars
Block of Units
10
5
5
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Block of Units
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.