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Back 320 Preston Road
Off Market

320 Preston Road

Wynnum West QLD 4178

5
5
2
374 m²
House
Last sold for $1,600,000
Travis GillTravis Gill, last sold this property on 25 March 2026 after 43 days on market.

Overview

Modern, Purpose-Built Investment with $110,000 Rent Return

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

Features

5 bedrooms
5 bathrooms
2 carspaces
2 garage spaces
374 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Wynnum West over the last 12 months, the estimated median property value of 320 Preston Road is $1.66m.

Median value
$1.66m
Estimated value range
$1.17m - $2.56m
Median days on market
39
Estimated value trend
32%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Wynnum West. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 320 Preston Road

2026
Sold
$1,600,000
25 Mar 2026 by Travis Gill, of RE/MAX Advantage
2019
Sold
$420,000
Private Sale/Treaty on 20 Dec 2019 by Adam Gould, of LJ Hooker Property Centre

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 57 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 320 Preston Road, have been sold.

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

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Wynnum West

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Tamara Hall

Tamara Hall is an award winning recommended agent for Wynnum West.  They have 7 local sales and collected 12 local reviews across the last 12 months.

  •   4.9   (348 reviews)
  •  12 Reviews in Wynnum West
  •  7 Sales in Wynnum West
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Sandi Sharp

Sellers who recommend Sandi Sharp have praised them for being clear communication, local expert, supportive, honest, friendly, dedicated and responsive

  •   4.9   (318 reviews)
  •  7 Reviews in Wynnum West
  •  4 Sales in Wynnum West
View profile
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Gaby McEwan

Gaby McEwan is an award winning recommended agent for Wynnum West.  They have 10 local sales and collected 5 local reviews across the last 12 months.

  •   5   (292 reviews)
  •  5 Reviews in Wynnum West
  •  10 Sales in Wynnum West
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Richie Yates

Sellers who recommend Richie Yates have praised them for being clear communication, local expert, responsive, friendly, honest, easy to work with and supportive

  •   5   (291 reviews)
  •  5 Reviews in Wynnum West
  •  4 Sales in Wynnum West
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