House for sale

14 Thackeray Street,

Norman Park, QLD

5 4 4
For Sale by Negotiation
Under Offer

Development or Investment Opportunity. 810m2 Zoned for Units or Townhouses.

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.
Last updated: 04:18PM on Jun 19th 2016
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Position One Brisbane Property Centre

1/235 Stafford Road
Stafford QLD, 4053