123 Besham ParadeWynnum QLD 4178
Property Details for 123 Besham Pde, Wynnum
123 Besham Pde, Wynnum is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 2018. The property has a land size of 405m2 and floor size of 171m2. While the property is not currently for sale or for rent, it was last sold in July 2018.
Last Listing description (July 2021)
Dual Key - Two Unit Living - NRAS Approved !
5-6 % gross return on investment - Look at this for investment ! - Read on ...
Dual key - dual access - two storey dwelling divided into 2 separate units.
3 bedroom / 2 bathroom ground floor unit with single lock up garage
2 bedroom / 1 bathroom upper floor unit with single lock up garage
Full current rental return of $554 per week based on following actual rentals:
Unit 1 $314 per week
Unit 2 $240 per week
Additional Incentive/Tax Offsets
The property is approved under National Rental Affordability Scheme Approved (NRAS) with State/Federal Government Incentive payment or tax offset, of approx. $11,000 per annum for each of the residential units within the main dwelling.
Rebate consists of State Government yearly cash payment of $2778.58 per unit (Total $5557.16 pa); and fully refundable tax offset certificate issued by the Federal Government with a full year value of up to $8335.75 per unit (Total $16,671.50 pa) - as stated by National Affordable Housing Consortium 2017-18 Incentive Advice.
That's $22,000+ extra value in your pocket, if you choose to continue the rental as an investment under the NRAS Scheme. Allowing for full rebate and income rental return on investment showing a 7.3% pa return !
This current NRAS scheme is in place (at your discretion) until December 2022.
Plenty of other options available to you:
Live in one - rent the other - or ideal for extended or two family living
The Location
Walking distance to golf course, Corner House shopping services, and Wynnum Central City Rail Station.
Walking distance to primary schools, high schools and church services.
10-15 minutes walking distance to the Wynnum-Manly Esplanade and parklands.
Wynnum is the known as Brisbane's Seaside Gem - being only a half hour to Brisbane and right on the waters of Moreton Bay.
1 hour north to the Sunshine Coast and 45 minutes south to the Gold Coast
Access to the beautiful bay islands including Moreton Island & Stradbroke Island
Wynnum-Manly is the home of the Royal Queensland Yacht Squadron
Wynnum is only 15 minutes to the domestic and international airports and Port of Brisbane terminal.
For full details and inspections of 123 Besham Pde, Wynnum Central please contact your listing agents now - This is clearly one of the best available investment opportunities on the bayside, for many years, so your enquiry is both welcomed and encouraged.
But you will need to be quick to view and take advantage of this rare opportunity.
Property History for 123 Besham Pde, Wynnum, QLD 4178
- 11 Sep 2020Listed for Sale $659,000
- 30 Jul 2018Sold for $645,000
- 14 Jun 2018Listed for Sale $659,000
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0About Wynnum 4178
The size of Wynnum is approximately 6.1 square kilometres. There are 18 parks, covering nearly 17.0% of the total area. The population of Wynnum in 2016 was 12915 people. By 2021 the population was 14036 showing a population growth of 8.7% in the area during that time. The predominant age group in Wynnum is 50-59 years. Households in Wynnum are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wynnum work in a professional occupation.In 2021, 63.70% of the homes in Wynnum were owner-occupied compared with 60.90% in 2016.
Wynnum has 7,365 properties. Over the last 5 years, Houses in Wynnum have seen a 47.46% increase in median value, while Units have seen a 76.71% increase. As at 31 October 2026:
- The median value for Houses in Wynnum is $1,384,845 while the median value for Units is $895,650.
- Houses have a median rent of $750 while Units have a median rent of $645.
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