Sold
79 Edith Street,
Wynnum 4178, Queensland
$1,850,000
Property details
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Agents
Freehold Investment with Long-term Bluechip Tenant
RWC Bayside is pleased to present 79 Edith Street, Wynnum to market For Sale via Expressions of Interest closing Wednesday 20 August, 2025 at 4pm.
79 Edith Street presents buyers with the opportunity to acquire a freehold title, leased to a long-term ASX listed bluechip tenant, with future development upside in a growing bayside precinct.
Leased to the Commonwealth Bank of Australia since since 2012, the property has a nett income of $81,957.96 per annum excluding outgoings and GST. The strong 15-year lease has 1.6 years remaining on the current term and two further 3-year options available, providing on-going income security and tenant continuity.
The property's 465sqm* footprint and 'Major Centre' zoning gives this holding excellent flexibility for other uses in the future, and the site's 8 storey/28 metre building height limit per the BCC City Plan, provides buyers with additional value as Wynnum continues to reinvigorate and gentrify.
With two lots on one title, generous rear car parking for 5 vehicles, and close proximity to Coles, Woolworths and major bus and train connectivity, 79 Edith Street represents an excellent "set and forget" investment.
The property is offered For Sale by Expressions of Interest closing Wednesday 20 August 2025 at 4pm.
Contact exclusive agents Nathan Moore and Benn Woods of RWC Bayside for more information.
* Approximately
79 Edith Street presents buyers with the opportunity to acquire a freehold title, leased to a long-term ASX listed bluechip tenant, with future development upside in a growing bayside precinct.
Leased to the Commonwealth Bank of Australia since since 2012, the property has a nett income of $81,957.96 per annum excluding outgoings and GST. The strong 15-year lease has 1.6 years remaining on the current term and two further 3-year options available, providing on-going income security and tenant continuity.
The property's 465sqm* footprint and 'Major Centre' zoning gives this holding excellent flexibility for other uses in the future, and the site's 8 storey/28 metre building height limit per the BCC City Plan, provides buyers with additional value as Wynnum continues to reinvigorate and gentrify.
With two lots on one title, generous rear car parking for 5 vehicles, and close proximity to Coles, Woolworths and major bus and train connectivity, 79 Edith Street represents an excellent "set and forget" investment.
The property is offered For Sale by Expressions of Interest closing Wednesday 20 August 2025 at 4pm.
Contact exclusive agents Nathan Moore and Benn Woods of RWC Bayside for more information.
* Approximately
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Nathan Moore
79 Edith Street, Wynnum QLD 4178
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Nathan Moore
79 Edith Street, Wynnum QLD 4178