Don't miss out on this outstanding opportunity!
128 Glenora St, Wynnum is ready for an investor who wants to sit back and reap long term income.
Located in a prime Bayside location, just a short 600m stroll to the waterfront, coffee shops and the train. Approximately 16kms east of the Brisbane CBD, 3km to Wynnum Esplanade and meters to Wynnum Road.
The site is being offered for sale with a long-standing tenant
This property features:
- Structure was built in 2013 & rented as 3 separate tenancies
- 1st of July 2017 front long-term tenant took over the entire building
- Current rent is $3,000.00 a month ($36,000 pa) + GST on a 3yr + 3yr term
- Unit 1 - 75m2
- Unit 2 - 75m2
- Unit 3 - 92m2 plus 50m2 lockable rear compound
- Internal roller doors allow space to be broken into 3 workspaces
- Multiple entry/access points
- Open plan showroom
- Freehold title
- No body corporate fees
- Superb main road exposure, only 100m from the end of Wynnum Road
- Strong passing traffic
- Rates approx. $895.71 per quarter
- Well worth an inspection
- Buy as a going concern!
Contact Serena Carter for further information and to schedule your inspection.
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 7,341 properties. Over the last 5 years, Houses in Wynnum have seen a 90.96% increase in median value, while Units have seen a 90.18% increase. As at 30 November 2025:
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