126 Edith Street, Wynnum, Qld 4178

RWC Bayside is pleased to offer 126 Edith Street, Wynnum to market For Sale by Expressions of Interest closing Wednesday, 19th March at 4pm.

Located in the heart of Wynnum, 126 Edith Street presents buyers with a fully tenanted investment on a mix of lease lengths with room to improve income; an exceptional opportunity for owner-occupiers to partially tenant, or for investors to secure a developable parcel to landbank.

Currently leased to a mix of retail, services and office uses, the property has a nett income of $100,907* excluding GST pa on a 0.83 year WALE, leaving room for investors to improve rents and yields over the next 12 months.

Alternatively, owner-occupiers looking for a high street location with excellent exposure and foot traffic can almost immediately renovate and move-in, taking advantage of multiple spaces on periodic leases, as well as the on-site rear parking for up to 15* vehicles.

The property's 810sqm* footprint and 'Major Centre' zoning presents developers with a medium-term horizon to landbank this site now, and take advantage of 8 storey/28 metre building heights in the not-too-distant future as Wynnum further reinvigorates and gentrifies.

With two lots on one title, generous rear car parking, positioning directly opposite Coles, and only 150m* from major bus and train connectivity, 126 Edith Street represents an excellent "set and forget" investment now with the ability to reposition tenants and rents over the next 12 months, plus the added advantage of a workable land parcel to develop and unlock additional value in the medium-long term.  

The property is offered For Sale by Expressions of Interest closing Wednesday 19th March 2025, 4pm.

Please contact RWC Bayside exclusive agents Nathan Moore 0413 879 428 or Benn Woods 0408 689 651 for more information.

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