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59 Hutton Avenue, WYNNUM QLD 4178

Premium location Rooming house

Hugo Alexander is pleased to offer this rare freestanding rooming house in the highly sought after location of Wynnum. Positive cash flow assets with 100% occupancy are typically tightly held assets.

This Brand new low set rooming home sits on a 405sqm lot and has a large car parking front court yard. The property features a huge 15KW solar system is fully furnished and is leased for $2050 per week. Each room has its own courtyard, kitchenette, separate bedroom and living room, ensuite and large wardrobe. All rooms are furnished stylishly to contribute to the highest rent achievable.

Zoning is low density residential.
Building area 218sqm net lettable area.
5 bed, 5 bath, 6 kitchen, 5 courtyard, 2 car parks
15KW solar, furnished
Brand new rooming house
Lot 33 on RP 33128.
Title reference 512 785 61
Certified in 20/12/2023
No flood overlay – not effected by flooding
The property is fully insured, certified, leased and a top shelf cash flow property.
Tax depreciation is the highest in the residential niche.

Don’t miss out on this great investment opportunity. We are holding open homes for prospective buyers.

Contact Harry Imam 0403 180 092, harry@hugoalexander.com.au for further information

Sold $1,300,000


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