Kevin Doodney seen on:
ADDRESS AVAILABLE ON REQUEST, WYNNUM WEST
This is a rare opportunity to purchase a newly completed Rooming House for sale, offering investors a both high cashflow and capital growth in Australia’s fastest growing capital city, Brisbane.
Location
Wynnum West is approximately 16 kilometers east of the Brisbane Central Business
District (CBD).
Transport :
- 500m to Bus Stop at Sibley Rd at Regent St
- 1.1 kms to Wynnum North Train Station
- 14 kms to Brisbane Airport
The Property
- 5 bedrooms, kitchenettes, 5 ensuites
- Class 1B residential rooming house
- Land size: 871m2
- Build area : 199.38m2 (Without patios, including roofed porch)
- Estimated rent: $385 per room
- 3 car spaces
- Solar included to reduce electricity cost for owner
- Please note: Furniture is not included
Health & Wellness
- 850m to BlueCare Wynnum Aged Care Facility
Shopping and Amenities –
2.4 kms to Wynnum Plaza, Kmart Wynnum and Dan Murphys Wynnum West
Recreation
- 2 kms to Sandy Camp Road Wetlands Reserve
- 1.6 kms to Edward Kelly Park
1.1 kms to Pamela Street Park
The Numbers
$97,750 per annum estimated rental return based on $385 per room per week, three car parks at $10 each ($385 x 5 + 3 x $10 ) $1955 per week x 50 weeks
Education
- 500m to Bus Stop at Sibley Rd at Regent St
- 1.1 kms to Wynnum North Train Station
- 14 kms to Brisbane Airport
Wynnum West Suburb Profile
Overview: Wynnum West is a suburb located approximately 16 kilometers east of the Brisbane CBD,
situated in the Moreton Bay Region of Queensland. Known for its family-friendly atmosphere and
convenient amenities, Wynnum West offers a balanced mix of residential areas, parks, and local
facilities. The suburb provides a relaxed suburban lifestyle while maintaining proximity to Brisbane’s
urban offerings and the picturesque Moreton Bay.
Demographics: As of the last census, Wynnum West had a diverse population, including families,
young professionals, and retirees. The community is characterized by its friendly and inclusive
environment, making it appealing to residents across different stages of life. This demographic
diversity contributes to a vibrant and welcoming atmosphere within the suburb.
Housing and Real Estate: Wynnum West features a range of housing options to suit various
preferences and budgets. The suburb offers traditional Queenslanders, modern homes, townhouses,
and newer residential developments. Property prices in Wynnum West are relatively affordable
compared to inner-city suburbs, attracting first-time homebuyers and investors seeking value and
potential growth in the property market.
Opportunity for Rooming House Developments: Wynnum West presents opportunities for rooming
house developments due to several advantageous factors:
• Affordability: The suburb’s competitive property prices make it financially feasible for
investors to establish rooming houses, providing affordable housing options for tenants.
• Proximity to Brisbane CBD: Located within commuting distance of Brisbane’s CBD,
Wynnum West is ideal for individuals seeking affordable accommodation with easy access to
employment opportunities and city amenities.
• Public Transport: The suburb is well-serviced by public transport, including buses, ensuring
convenient connectivity for residents dependent on public transit.
• Demand for Affordable Housing: There is a consistent demand for affordable housing
among students, young professionals, and workers, which rooming houses can effectively
cater to, enhancing the suburb’s rental market dynamics.
Shopping and Dining: Wynnum West benefits from proximity to several shopping centers,
enhancing convenience for residents:
• Wynnum Plaza: A major retail hub undergoing significant redevelopment, offering a variety
of stores, supermarkets, and dining options. The redevelopment aims to enhance shopping
and leisure experiences for locals.
• Wynnum Central: A bustling precinct with a range of shops, cafes, and essential services,
contributing to the suburb’s vibrant community atmosphere.
Education: Families in Wynnum West have access to quality educational facilities:
• Wynnum West State School: Serving the local community with primary education.
• Iona College: Located nearby in adjacent suburbs, providing secondary schooling options.
• Wondall Heights State School: Another nearby option, ensuring families have diverse
educational choices for their children.
Healthcare: Residents have access to medical services within close proximity:
• Wynnum Hospital: Providing essential health services to the local community.
• Bayside Medical Centre: Offering a range of healthcare services to meet residents’ needs.
Parks and Recreation: The suburb boasts several parks and recreational facilities, catering to
outdoor enthusiasts and families:
• Wynnum Esplanade: A scenic waterfront area offering walking paths, playgrounds, and
picnic spots, perfect for leisure activities and enjoying views of Moreton Bay.
• Pandanus Beach: A popular spot for swimming and relaxing, providing residents with a
tranquil coastal retreat right on their doorstep.
Wynnum Esplanade: https://wynnumnow.com/destination-wynnum/
Community and Lifestyle: Wynnum West fosters a strong sense of community with various events
and activities:
• Local Events: Regular community events and markets contribute to the suburb’s vibrant
social scene, promoting local engagement and unity among residents.
• Community Facilities: Facilities such as Wynnum Manly Leagues Club and Wynnum Golf
Club provide venues for social gatherings and recreational pursuits, enhancing the suburb’s
community spirit.
Overall, Wynnum West offers a blend of suburban tranquility, community cohesion, and accessibility to essential amenities, making it an attractive residential choice in Brisbane’s Eastern suburbs. Whether for families, professionals, or investors, the suburb provides a welcoming environment with potential for growth.
Wynnum Manly Leagues Club: https://paynters.com.au/project/wynnum-manly-leagues-club-wmlc/
Wynnum Esplanade: https://wynnumnow.com/destination-wynnum/
Brisbane City Profile
Brisbane, the capital of Queensland, Australia, is a vibrant and cosmopolitan city situated on the banks of the Brisbane River. With a population of approximately 2.5 million residents, Brisbane offers a perfect blend of urban sophistication and natural beauty. The city is known for its warm climate, relaxed lifestyle, and thriving economy, making it a desirable place to live, work, and visit.
In recent years, Brisbane has experienced significant population growth, driven by both domestic and international migration. This population growth has had a significant impact on the city’s rental property market, with increased demand for housing leading to rising rental prices and decreased vacancy rates.
Brisbane’s economy is diverse, with key industries including tourism, education, technology and innovation, resources and mining, and finance and business services. The city’s strong economy has contributed to its growth and development, making it a major economic hub in Australia.
Brisbane offers a well-developed transportation network, including buses, trains, ferries, and an extensive road network. The city is also served by Brisbane Airport, located approximately 15 kilometers northeast of the city center.
The city is home to a vibrant arts and cultural scene, with numerous galleries, museums, and performing arts venues. The city’s subtropical climate and outdoor recreational opportunities, including parks, gardens, and riverside promenades, encourage an active outdoor lifestyle.
Brisbane is also known for its diverse dining options, lively nightlife, and calendar of events and festivals throughout the year. With its high quality of life, strong economy, and beautiful natural surroundings, Brisbane is one of Australia’s most livable and desirable cities.
Brisbane Population UN Projections 2015-2030, https://www.macrotrends.net/global-metrics/cities/206170/brisbane/population
Brisbane City Infrastructure Profile
Transportation:
• Well-developed public transport network operated by TransLink, including buses, trains, and ferries.
Education:
• Several universities, including the University of Queensland, Queensland University of Technology, and Griffith University, making Brisbane a major education hub in Australia.
Healthcare:
• Comprehensive healthcare system, with public and private hospitals, medical centers, and specialist healthcare services located throughout the city.
Culture and Lifestyle:
• Vibrant arts and cultural scene, with numerous galleries, museums, and performing arts venues.
• Subtropical climate and outdoor recreational opportunities, including parks, gardens, and riverside promenades, encouraging an active outdoor lifestyle.
• Diverse dining options, lively nightlife, and a calendar of events and festivals throughout the year.
Tourism:
• Tourist attractions such as South Bank Parklands, City Botanic Gardens, and Story Bridge offering various recreational activities and sightseeing opportunities.
Economy:
• Diverse economy with key industries including tourism, education, technology and innovation, resources and mining, and finance and business services.
Planned Infrastructure Projects:
Cross River Rail:
• Cross River Rail is the highest priority infrastructure project in South East Queensland. It will unlock the bottleneck at the core of the transport network and allow more trains to run more often, with 24 new high-capacity trains.
• The project involves the construction of a new 10.2- kilometer rail line from Dutton Park to Bowen Hills, including 5.9 kilometers of tunnel under the Brisbane River and the CBD.
• Cross River Rail will provide a critical connection between the northern and southern rail networks, improving public transport accessibility and reducing travel times for commuters.
Brisbane Metro:
• The Brisbane Metro is a high-frequency public transport system designed to cut travel times, reduce congestion, and improve public transport in Brisbane.
• The project involves the introduction of new metro vehicles and infrastructure to provide frequent, high-capacity services along dedicated busways and selected existing roads.
• The Brisbane Metro will connect the southern suburbs to the city, providing faster, more frequent services, and reducing reliance on private vehicles.
• The project includes two metro lines: the Metro 1 (Brisbane Metro) line and the Metro 2 line (Southern Brisbane Rapid Transit).
• Construction of dedicated metro stations, upgrades to existing busway infrastructure, and improvements to pedestrian and cycling facilities are also part of the project.
• The Brisbane Metro Depot will be constructed at Rochedale to support the operation of the new metro fleet.
University of Queensland Future Campus:
• The University of Queensland Future Campus is a major infrastructure project that will create a state-of-the-art campus at the southern edge of Brisbane’s CBD.
• The new campus will offer world-class teaching, learning, and research facilities, supporting the university’s continued growth and development.
• The project aims to enhance the student experience, improve academic outcomes, and strengthen the university’s position as a leading education and research institution.
Herston Quarter Redevelopment:
•The Herston Quarter Redevelopment is a major health, research, and education precinct located in Brisbane’s inner north.
•The redevelopment will include new public hospitals, a private hospital, and research facilities, providing state-of-the-art healthcare services and facilities for the community.
•The project aims to create a vibrant, integrated precinct that fosters collaboration between healthcare providers, researchers, and educators, driving innovation and excellence in healthcare delivery.
Brisbane Live:
•Brisbane Live is a new world-class entertainment arena and multipurpose venue located above the Roma Street rail lines in Brisbane’s CBD.
•The venue will be designed to host concerts, sporting events, cultural performances, and other entertainment activities, attracting world-class talent and events to Brisbane.
•Brisbane Live will be a key driver of economic growth and tourism in Brisbane, creating jobs, stimulating investment, and enhancing the city’s reputation as a leading entertainment destination.
