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 & 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.