Income Stream on Large 962m2 Block

Welcome to 4 Tingal Road, Wynnum - a block of 4, self-contained, 1 bedroom flats that offers a unique investment opportunity in a highly sought-after Bayside location. <br/><br/>Each of the self contained flats, are comfortable, and all boasting charming characteristics. Great living spaces, all have a full kitchen and individual bathrooms and all 4 with their own entry. <br/><br/>Surrounding grounds have neat lawns and gardens, and the property is well kept and maintained. <br/><br/>Currently returning approximately $61,360 per year, there is plenty of scope for the new owner to add capital improvements to further increase rental returns in line with the increasing rental market we are experiencing.<br/><br/>Located in the heart of Wynnum, this property is a short walk from local shops, cafes, restaurants, the waterfront esplanade and public transport. <br/>This is a great opportunity to land bank and collect the rent. <br/>A versatile property, and an ideal perfect investment choice. <br/>A great addition to your investment portfolio.<br/><br/>The home was built pre-war and has stood the test of time. Solid structure and perched proudly between Wynnum and Manly. The 4 leased flats are a bonus and are occupied with great long term tenants. <br/><br/>Don't miss this fantastic and rare opportunity!! Contact us today for more information and to arrange a viewing, requiring minimum 24 hours notice.<br/>