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Norman Park, 14 Thackeray Street

Unicorn Found in Norman Park!

Price by Negotiation

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Listing Number: QBM7285
About this listing
An unmistakeably fantastic investment/development opportunity.

Currently configured as four, recently updated two bedroom flats with proposed plans for a further two, three bedroom townhouses to be built at the rear of the elevated property potentially capturing expansive city views.

If the $80,000 plus annual rental return from the 4 renovated flats isn't enough to get you savvy investors excited the real potential lies in the proposed townhouse development almost at DA stage (subject to council approval).

The hard work has already been done for you including town planning consultations, development plans drawn up, soil test reports and even a pre-lodgement meeting with the council.

Call Chris today to register your interest and get a copy of the information memorandum

This is the golden ticket. Don't sit on your hands for this one.
On offer:
- 3x 2 bed 2 bathroom units
- 1x 2 bed 1 bathroom unit
- 810m2 block zoned LMR
- Proposal for 2x 3 bedroom townhouses with potential city views
- Rental income of over $80,000 per year

Unicorns, like this property, are very seldom found, particularly in the blue chip suburb of Norman Park.
Located just 3km's from the CBD the easy transport access and proximity to the city and local amenities ensure that vacancies are minimal.

If you're looking to make your next investment that will provide strong rental yields and capital growth in one of Brisbane's best inner-city postcodes, call Chris now.
Open Homes
Saturday 21 Apr 1:00 PM - 1:30 PM
Property Information
  • Land Size: 810 sqm
  • Property Type: Block of units

Contact Details

Harcourts Inner East

182 Riding Road
Balmoral
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