190 Sibley Road

Wynnum West QLD 4178

House

Currently for sale - view listing

Overview

NEAR NEW ROOMING COMPLEX IN THE HEART OF WYNNUM WEST!

With construction being completed just over a year ago, this purpose-built class 1B rooming complex is the ultimate purchase for the discerning property investor. Ultra-modern with 5 self-contained studio units within the complex, all fully-tenanted to 5 separate occupants on rooming leases well into 2026 achieving a superb $114k annual gross rental income. Thoughtfully laid out & sprawled over an elevated 405sqm corner block, there are 2 studio units at the front, one studio unit in the middle and 2 studio units at the back featuring their own direct access. They are all equipped with private living areas, kitchenettes, bathrooms, bedrooms, air conditioning, outdoor spaces and a shared laundry facility. This complex has been paired with stylish furniture and whitegoods which will all be included with the sale of the complex. Have peace of mind knowing there is over 5 years of builders warranty remaining plus reap all the tax depreciation benefits that a near new property of this calibre provides. 4 off-street car spaces are also provided, 2 at the front and 2 at the rear. Conveniently located just a short walk to Lindum station, a short drive to both Wynnum Esplanade and Wynnum Plaza, the location of 190 Sibley Rd, Wynnum West is among one of many reasons that attracts tenants to ensure this complex is consistently leased. By private appointment only, book your inspection with Hero 0439 673 884

Features

5 bedrooms

5 bathrooms

4 carspaces

4 open car spaces

House

Happy sellers in Wynnum West

89%

89% of sellers in Wynnum West reported that their sale price either exceeded or met their price expectations.

Wynnum West stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 56 reviews in Wynnum West over the last 12 months.

Local market activity for 5 bedroom houses in Wynnum West

In the last 12 months, 13 five-bedroom houses similar to 190 Sibley Road, have been sold.

This represents a 18% decrease in five-bedroom houses sales when compared to the previous 12 months.

Sold

For Sale

For Rent

View the listing for inspection times, agent contact details, and more.

at QPSR Realty