RWC Bayside is pleased to offer 126 Edith Street, Wynnum to market For Sale by Expressions of Interest closing Wednesday, 19th March at 4pm.
Located in the heart of Wynnum, 126 Edith Street presents buyers with a fully tenanted investment on a mix of lease lengths with room to improve income; an exceptional opportunity for owner-occupiers to partially tenant, or for investors to secure a developable parcel to landbank.
Currently leased to a mix of retail, services and office uses, the property has a nett income of $100,907* excluding GST pa on a 0.83 year WALE, leaving room for investors to improve rents and yields over the next 12 months.
Alternatively, owner-occupiers looking for a high street location with excellent exposure and foot traffic can almost immediately renovate and move-in, taking advantage of multiple spaces on periodic leases, as well as the on-site rear parking for up to 15* vehicles.
The property's 810sqm* footprint and 'Major Centre' zoning presents developers with a medium-term horizon to landbank this site now, and take advantage of 8 storey/28 metre building heights in the not-too-distant future as Wynnum further reinvigorates and gentrifies.
With two lots on one title, generous rear car parking, positioning directly opposite Coles, and only 150m* from major bus and train connectivity, 126 Edith Street represents an excellent "set and forget" investment now with the ability to reposition tenants and rents over the next 12 months, plus the added advantage of a workable land parcel to develop and unlock additional value in the medium-long term.
The property is offered For Sale by Expressions of Interest closing Wednesday 19th March 2025, 4pm.
Please contact RWC Bayside exclusive agents Nathan Moore 0413 879 428 or Benn Woods 0408 689 651 for more information.
* Approximately
The size of Wynnum is approximately 6.1 square kilometres. It has 18 parks covering nearly 17.0% of 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 7,345 properties. Over the last 5 years, Houses in Wynnum have seen a 93.86% increase in median value, while Units have seen a 96.68% increase. As at 31 January 2026:
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