5 Waterloo Esplanade, Wynnum, Qld 4178

Positioned in one of Wynnum's most tightly held and sought-after pockets, this enchanting creekside cottage blends timeless charm with exceptional future potential. Recently and tastefully renovated, the home is move-in ready and perfectly suited for families seeking lifestyle and comfort, or investors searching for a high-performing asset in a blue-chip location.
Tucked just around the corner from the prestigious Wynnum Esplanade, this address offers a level of privacy, peace, and prestige that is truly rare. Elevated and thoughtfully positioned, the home enjoys natural protection from the prevailing easterly winds—allowing you to make the most of outdoor living year-round. You're mere footsteps from the sparkling waterfront, picturesque walking tracks, vibrant cafes, award-winning restaurants, boutique cinemas, specialty wine bars and the bustling Wynnum CBD. With public transport and motorway access near by, Brisbane CBD is a short commute away, this location offers unmatched convenience wrapped in a coastal lifestyle.
Set on a generous 500m2 parcel of land beside the creek, the home currently offers comfortable living across two well-separated floors—ideal for maximising rental yield or accommodating extended family. The existing configuration provides strong flexibility for both long-term leasing and high-yielding short-term accommodation, making it a standout performer in today's market.
For those with vision and family in mind, this property comes complete with architecturally designed plans to transform the residence into a luxurious family haven. Plans include the addition of internal stairs, a designer pool / pool house, and a double carport with drive-through access up the right-hand side—elevating the home to an executive standard while taking full advantage of the properties natural features and space.
From a pure investment perspective, the dual tenancy setup—paired with the premium landholding—offers the rare chance to landbank in a high-growth corridor while enjoying strong cash flow from day one. With growing demand for both short- and long-term accommodation in this tightly held area, the yield potential is well above average.
Whether you're seeking a charming waterfront escape to call home, a premium investment with strong income, or the opportunity to create your dream residence in an unbeatable location—this offering delivers on every front.
Opportunities like this are incredibly rare. For a copy of the architectural plans, short- and long-term rental appraisals, or to arrange a private viewing, contact the agent today.