4/740 Wynnum RoadMorningside QLD 4170
Property Details for 4/740 Wynnum Rd, Morningside
4/740 Wynnum Rd, Morningside is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2001. The property has a land size of 109m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in June 2021.
Last Listing description (September 2021)
Tucked peacefully and privately in the very rear corner of a central Morningside complex, this brick townhouse offers a spacious floorplan and outstanding value-adding potential.
Bright flowing living spaces encompass a spotless kitchen with quality cabinetry and dishwasher. Meanwhile outside, the secure rear yard boasts rare space for entertaining, children and pets, including a 16 metre long stretch of lush grass. The upper level hosts all three impressively proportioned bedrooms, including the master featuring ensuite and walk-in robe. The other two have been thoughtfully positioned to cater for residents with children they wish to keep close or those preferring a bit of separation. The central bathroom is very large.
With an excellent long-term tenant in place, the option to extend the lease exists for investors looking simply to add to their portfolio. Alternatively, take advantage of the opportunity to spruce up the internal finishes (particularly carpet and paintwork), increase the rent and add substantial value to the property.
Plus, with a location like this, why not consider making it your own home? It is footsteps to bus transport, five minutes walk to the train station, metres to Morningside Plaza with Coles, Woolworths, cafes, specialty shops, gyms and medical amenities, as well as the popular Colmslie Hotel/Pub. And all this just 4km from the Brisbane CBD via direct arterial road.
Additional features include the ground floor guest powder room, security and insect screening, plenty of storage including an upstairs linen press, single remote garage and onsite parking both accessible by a wide driveway plus plenty of unrestricted street parking directly outside the complex.
Position, proportions, and potential a must view!
Property History for 4/740 Wynnum Rd, Morningside, QLD 4170
- 15 Jun 2021Sold for $472,000
- 07 Jun 2021Listed for Sale Mid to High $400,000's
- 29 Jun 2016Listed for Rent - Price not available
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About Morningside 4170
The size of Morningside is approximately 5.4 square kilometres. It has 16 parks covering nearly 8.9% of total area. The population of Morningside in 2011 was 9,399 people. By 2016 the population was 10,484 showing a population growth of 11.5% in the area during that time. The predominant age group in Morningside is 20-29 years. Households in Morningside are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Morningside work in a professional occupation. In 2011, 48.1% of the homes in Morningside were owner-occupied compared with 48.3% in 2016.
Morningside has 6,463 properties. Over the last 5 years, Houses in Morningside have seen a 82.44% increase in median value, while Units have seen a 76.38% increase. As at 31 October 2024:
- The median value for Houses in Morningside is $1,432,629 while the median value for Units is $805,024.
- Houses have a median rent of $700 while Units have a median rent of $625.
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