138 Bay TerraceWynnum QLD 4178
Property Details for 138 Bay Tce, Wynnum
Last Listing description (August 2024)
* Prime Freehold Investment, only 2 blocks from the Esplanade. Fully Leased. Currently 2 shops.
* Shop 1: Leased to Twinkle Arts. Existing lease until 23/09/2024 (No option) Rent $28,202.72 Gross Per Annum + GST. 70sqm Approx.
* Total Income: $58,202.72 Per Annum Gross + GST
* Outgoings Approx: Rates $5,317.40 Per Annum. Utilities $1,344 Per Annum. Total $6,661.40 Per Annum.
* Zoning: Mu2. Mixed Use. (Centre Frame) Massive Main Road exposure to Bay Tce. Future development potential (subject to council approval).
* Glass shop fronts to both tenancies. Front and rear access to both shops and rear amenities.
* Easement through Edith St for car park access. Parking for 8 cars at rear of property.
* Extremely rare opportunity to purchase in tightly held Wynnum precinct.
* Owner has provided clear instructions to SELL.
* Submit All Offers in writing to Manoli Nicolas mnicolas@ljhbrisbane.com.au
PRICE: Contact Agent
BUILDING AREA: 140 sqm
LAND AREA: 405 sqm
Property History for 138 Bay Tce, Wynnum, QLD 4178
- 10 Feb 2024Sold for $1,150,000
- 02 Feb 2024Listed for Sale Under Contract
- 06 Jul 2023Listed for Rent $30,000 / year
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0About Wynnum 4178
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 7,349 properties. Over the last 5 years, Houses in Wynnum have seen a 94.23% increase in median value, while Units have seen a 97.60% increase. As at 31 March 2026:
- The median value for Houses in Wynnum is $1,461,747 while the median value for Units is $920,200.
- Houses have a median rent of $715 while Units have a median rent of $620.
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