59 Hutton Avenue, Wynnum QLD 4178
59 Hutton Avenue, Wynnum QLD 4178
Rooming accommodation | Five self-contained units | Fully tenanted | Flood overlay | 7.3% gross yield
This property presents a specialized commercial investment, not a standard residential purchase. Its strength lies in a high-yielding, turnkey operation with five independent income streams, offering immediate cash flow in a sought-after bayside location. The configuration serves investors seeking low-maintenance exposure to affordable rental demand, insulated from vacancy risk by multiple tenancies. Its north-facing aspect and private courtyards enhance tenant appeal, supporting sustained occupancy.
The flood overlay imposes a tangible risk, likely elevating insurance premiums and potentially affecting long-term capital growth. The commercial yield justifies this for an income-focused buyer, but the property demands management suited to multi-tenant housing. Proceed strictly as a business asset; its value is in its operational income, not land appreciation. It is a hold for cash flow, not a strategic land bank.
Detailed Independent Property Report prepared by PropCred Analyst team for 59 Hutton Avenue, Wynnum QLD 4178
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Market Insight:
Wynnum’s coastal charm and proximity to Brisbane anchor its appeal, attracting families, professionals, and retirees seeking a relaxed lifestyle. This diverse demand is fuelling a robust market, with houses experiencing solid growth and units showing particularly strong momentum. Properties move quickly, indicating sustained buyer interest. Future growth is underpinned by its enduring coastal lifestyle proposition and steady rental demand, though its established popularity presents inherent affordability considerations.
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PropCred Estimated Value
Bedrooms
5
Bathroom
5
Parking
3
Land
405m²
Assessments Delivered Today
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