Located in Poets Corner’ Norman Park, there’s a real estate adage that says, Position, Position, Position is your key to success. Every so often, you will be blessed with an opportunity to secure a prime and remarkable elevated development block of 810m2 in one of Brisbane’s most sought after suburbs Norman Park.

The property currently consists of 4 units with wonderful tenants returning $1,140 per week.

Unit 1 – 3 Bedroom 1 Bathroom 1 Carport
Good condition, not renovated
Separate electrical metre, combined water
Rented at $340 per week

Unit 2 – 1 Bedroom 1 Bathroom 1 Carport
Good condition, RENOVATED
Separate electrical metre, combined water
Rented at $270 per week

Unit 3 – 1 Bedroom 1 Bathroom 1 Carport
Good condition, not renovated
Separate electrical metre, combined water
Rented at $235 per week

Unit 4 – 1 Bedroom 1 Bathroom 1 Carport
Good condition, RENOVATED
Separate electrical metre, combined water
Rented at $295 per week

Refurbishment and or Development can be considered or hold them for rental returns. The building is a pre war construction and the land is currently on two titles.

This superb parcel is your opportunity to secure a slice of undeniable development or investment potential with the property being conveniently located close to the village atmosphere of the Bulimba cafes and cinema precinct and transport infrastructure at your fingertips. At approximately 5km from the CBD this property offers a wonderful investment that will most certainly deliver future capital growth.

Contact Development Site Specialists Luc Iovenitti to organise a private viewing or to confidentially discuss the attributes of this property.