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Property Details: • Type: House
• Bedrooms: 5 • Bathrooms: 5
Description: 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
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