11 Louis Street, Wynnum QLD 4178

Modern 2-bed house | 567sqm Wynnum block | Leased tenant in place | Walk to CBD proximity This property presents a competitively sized, low-maintenance house on a useful block in a walkable location, best serving an investor seeking immediate yield or a buyer planning a future rebuild. Its modern appointments and generous room sizes offer a move-in ready solution, while the 28m frontage on a 567sqm parcel provides a tangible land bank advantage over newer subdivisions, positioning it for long-term land value capture in a established suburb. The primary risk is valuation reliance on estimated models without recent comparable sales evidence, exposing a buyer to potential overpayment. The leased status limits owner-occupier entry but secures initial income. Proceed with a conditional offer anchored by an independent valuation, treating it as a yield-generating hold with latent redevelopment optionality.