SOLD
RECENT ADVICE
Sold on 21 May 2024 for $1,300,000

59 Hutton Avenue
Wynnum QLD 4178

Bedrooms: 5
Bathrooms: 5
Car spaces: 2
Floor area: 218m2
Land area: 405m2
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Property Details for 59 Hutton Ave, Wynnum

59 Hutton Ave, Wynnum is a 5 bedroom, 5 bathroom BlockOfUnits with 2 parking spaces. The property has a land size of 405m2 and floor size of 218m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 5 bedroom BlockOfUnits sold in Wynnum in the last 12 months.

Building Type
BlockOfUnits
Floor Size
218m2
Land Size
405m2

Last Listing description (May 2024)

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

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Property History for 59 Hutton Ave, Wynnum, QLD 4178

A timeline of how this property has performed in the market
Last Sold
$1,300,000
21 May 2024
Listed for Rent
$400/w
27 Mar 2024
  • 14 May 2024
    Sold for $1,300,000

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About Wynnum 4178

The size of Wynnum is approximately 6.1 square kilometres. It has 18 parks covering nearly 17% of total area. The population of Wynnum in 2011 was 12,229 people. By 2016 the population was 12,924 showing a population growth of 5.7% in the area during that time. The predominant age group in Wynnum is 40-49 years. Households in Wynnum are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wynnum work in a professional occupation. In 2011, 60.2% of the homes in Wynnum were owner-occupied compared with 60.9% in 2016.

Wynnum has 7,244 properties. Over the last 5 years, Houses in Wynnum have seen a 87.61% increase in median value, while Units have seen a 88.89% increase. As at 30 November 2024:

  • The median value for Houses in Wynnum is $1,213,613 while the median value for Units is $788,644.
  • Houses have a median rent of $680 while Units have a median rent of $550.
There are currently 39 properties listed for sale, and 38 properties listed for rent in Wynnum on OnTheHouse. According to CoreLogic's data, 310 properties were sold in the past 12 months in Wynnum.

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Harry Imam
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Hugo Alexander Property Group
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