806 Wynnum RoadCannon Hill QLD 4170
Property Details for 806 Wynnum Rd, Cannon Hill
806 Wynnum Rd, Cannon Hill is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 400m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 4 bedroom House sold in Cannon Hill in the last 12 months.
Last Listing description (March 2024)
Discover the untapped potential of 806 Wynnum Road, Cannon Hill - a strategically positioned property meticulously designed for investors and savvy land bankers. This expansive residence boasts six bedrooms, two bathrooms, two kitchens, and two covered car spaces on a 400m2 block.
Key Features:
- Dual Living: Uniquely designed for dual living arrangements, offering versatility and potential rental income.
- Strategic Location: Nestled on Wynnum Road, it not only provides comfortable living but also primes itself as an investment gem with future knockdown and rebuild potential.
- Investor's Delight: With six bedrooms and generous living spaces, this property beckons long-term investors seeking solid returns and capital growth.
- Land Banking Opportunity: Positioned strategically on a 400m2 block, it presents a promising canvas for land banking with future development potential.
Current Rental Return:
- The current rental return between the two levels is $1000 per week, locked in on a periodic lease agreement.
Location Highlights:
- Convenience: Ideally situated on Wynnum Road, offering easy access to amenities, public transport, and major roads.
- Proximity: Close to shopping centres, schools, and recreational areas.
- Visionary Potential: Perfect for those with a vision for the long-term development prospects of Cannon Hill.
This property is more than just a home; it's an investment in the future. Whether you're an astute investor seeking immediate returns or a visionary land banker eyeing future development, 806 Wynnum Road beckons with potential.
For further details or to schedule a viewing, reach out to Matt & Nico today. Don't miss out on this prime investment opportunity!
Property History for 806 Wynnum Rd, Cannon Hill, QLD 4170
- 25 Jan 2024Sold for $830,000
- 18 Jul 2023Listed for Sale Not Disclosed
- 17 Feb 2020Listed for Rent $365 / week
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About Cannon Hill 4170
The size of Cannon Hill is approximately 3.8 square kilometres. It has 8 parks covering nearly 42.9% of total area. The population of Cannon Hill in 2011 was 4,507 people. By 2016 the population was 5,542 showing a population growth of 23.0% in the area during that time. The predominant age group in Cannon Hill is 30-39 years. Households in Cannon Hill are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cannon Hill work in a professional occupation. In 2011, 71% of the homes in Cannon Hill were owner-occupied compared with 65.1% in 2016.
Cannon Hill has 3,174 properties.
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