38 Thackeray Street,
Norman Park, QLD
FANTASTIC OPPORTUNITY FOR BUYERS ABOVE $1.4MAn unmissable opportunity, this rare offering awaits developers searching for a key position to secure.
It is the ultimate opportunity for investors seeking a solid asset or buyers searching for large block of land to create their dream home. Built post 1946 and zoned LMR, the current building can be demolished leaving a prime piece of land.
Providing many options and a fantastic yearly income, this allotment currently holds four registered flats, positioned on a flat 810m2 over two lots. Currently, all four flats are fully leased and earning $51,740 per annum. Well maintained and occupying such a desired location, they promise continuing returns into the future.
Norman Park is a highly coveted city fringe location. 38 Thackeray Street in particular is an outstanding address to own, close to an array of lifestyle amenities, quality schools including Anglican Church Grammar School (Churchie) and Lourdes Hill College. Plus it is just minutes from Norman Park train station and Norman Park ferry terminal, both with services to the CBD.
Surrounded by quality homes in a sought-after residential street, this could be your next secure investment or the start of creating the home you’ve always wanted.