320 Preston RoadWynnum West QLD 4178
Property Details for 320 Preston Rd, Wynnum West
320 Preston Rd, Wynnum West is a 5 bedroom, 5 bathroom House with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 5 bedroom House sold in Wynnum West in the last 12 months.
Last Listing description (April 2026)
Modern, Purpose-Built Investment with $110,000 Rent Return
Positioned in the heart of the rapidly evolving Wynnum West precinct, 320 Preston Road presents an exceptional opportunity to secure a near-new, purpose-built rooming accommodation asset in one of Brisbane's high-demand rental corridors.
Constructed in 2021, this modern complex comprises five semi self-contained apartments, each thoughtfully designed for low-maintenance living and strong tenant appeal. All five apartments are currently leased, delivering a solid gross annual return of approximately $110,000, providing investors with immediate income from day one.
Built to contemporary standards, the property offers the advantages of near-new construction - minimal maintenance, modern fixtures and fittings, and strong depreciation benefits - making it an attractive addition to any portfolio. With leases in place and consistent rental demand in the area, this is a turnkey investment designed for steady performance.
Wynnum West continues to experience strong growth driven by infrastructure, lifestyle and connectivity. Ideally positioned just minutes from the Gateway Motorway, the property offers seamless access to the Port of Brisbane, Brisbane Airport and the Brisbane CBD. The location is particularly appealing to workers in logistics, aviation, trade and health sectors, underpinning ongoing tenant demand. Residents also enjoy proximity to local shopping centres, public transport, schools and the lifestyle amenities of the Wynnum/Manly waterfront precinct.
For investors seeking a modern, income-producing asset in a high-growth bayside corridor, 320 Preston Road represents a compelling opportunity to secure strong returns in a tightly held market.
Contact The Gill Team today to arrange your inspection or to obtain a information pack outlining all associated expenses.
**PLEASE NOTE, THIS PROPERTY HAS BEEN VIRTUALLY STAGED FOR MARKETING PURPOSES AND DOES NOT INCLUDE IMAGES OF ALL UNITS**
Disclaimer: All information provided has been sourced from what we believe to be reliable providers. However, we cannot guarantee its accuracy. Buyers are encouraged to make their own enquiries
Property History for 320 Preston Rd, Wynnum West, QLD 4178
- 26 Mar 2026Sold for $1,600,000
- 10 Feb 2026Listed for Sale UNDER CONTRACT BY THE GILL TEAM
- 23 Jul 2020Listed for Sale Offers Over $339,000
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About Wynnum West 4178
The size of Wynnum West is approximately 5.8 square kilometres. It has 33 parks covering nearly 10.6% of total area. The population of Wynnum West in 2016 was 12292 people. By 2021 the population was 12790 showing a population growth of 4.0% in the area during that time. The predominant age group in Wynnum West is 30-39 years. Households in Wynnum West are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wynnum West work in a professional occupation.In 2021, 63.90% of the homes in Wynnum West were owner-occupied compared with 60.60% in 2016.
Wynnum West has 5,586 properties. Over the last 5 years, Houses in Wynnum West have seen a 99.43% increase in median value, while Units have seen a 143.94% increase. As at 30 April 2026:
- The median value for Houses in Wynnum West is $1,259,055 while the median value for Units is $900,509.
- Houses have a median rent of $720 while Units have a median rent of $620.
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