FOR SALE
Under Contract

74-76 Norman Street
Gordonvale QLD 4865

Bedrooms: 6
Bathrooms: 3
Car spaces: 2
Floor area: 552m2
Land area: 618m2
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BEAT THE COST OF LIVING WITH A LIFESTYLE HOME PLUS MASSIVE INCOME. FULLY LEASED COMMERCIAL PROPERTY WITH 2 HOMES & 3 SHOPS

Discover 74-76 Norman St in the heart of Gordonvale – an exceptional investment opportunity that offers both a vibrant lifestyle and a lucrative income. This federation-style commercial property has been recently restored to maintain its heritage charm while providing endless possibilities for the future.
This property is only a stone's throw away from trendy cafes, boutique shops, a sports club, medical centre, IGA supermarket, post office, kids' playground, and other amenities. Nearby are three primary schools, a high school, and a Woolworths within 2km. Easy access to leisure opportunities in Cairns and Far North Queensland.
Stunning Views and Prime Location:
74-76 Norman St features expansive balconies with breathtaking views of Pyramid Mountain, Gillies Range, and Norman Park. Overlooking Norman Park, it's central to local events like the Great Pyramid Race and Gordonvale Cottage Markets.
Renovated Retail Shops:
Ground floor hosts newly renovated spaces leased to a café, hairdresser, and beautician. Features include high ceilings, downlights, split system air-conditioning, modern kitchenettes, and contemporary flooring, ideal for business operations. The café includes a commercial-grade kitchen.
Comfortable Living Spaces:
Upstairs, a spacious four-bedroom apartment offers comfort. Three bedrooms open onto the Norman Park balcony. Highlights include a private entrance, high ceilings with downlights, split system air-conditioning, an open-plan kitchen/living area with a skylight, and a master bedroom with a walk-in robe. Expansive balconies maximize natural light and breezeways for comfort.
'Granny Flat':
A detached two-bedroom, two-bathroom 'granny flat' offers flexibility with a private entrance, fenced outdoor space, modern kitchen, double garage, and wheelchair accessibility.
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Property Details for 74-76 Norman St, Gordonvale

74-76 Norman St, Gordonvale is a 6 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 618m2 and floor size of 552m2. The place is currently for sale with Twomey Schriber Property Group.

Building Type
House
Floor Size
552m2
Land Size
618m2

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About Gordonvale 4865

The size of Gordonvale is approximately 57.2 square kilometres. It has 20 parks covering nearly 2.2% of total area. The population of Gordonvale in 2011 was 6,213 people. By 2016 the population was 6,666 showing a population growth of 7.3% in the area during that time. The predominant age group in Gordonvale is 0-9 years. Households in Gordonvale are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Gordonvale work in a trades occupation. In 2011, 68.4% of the homes in Gordonvale were owner-occupied compared with 67.7% in 2016.

Gordonvale has 3,176 properties. Over the last 5 years, Houses in Gordonvale have seen a 76.25% increase in median value, while Units have seen a 238.74% increase. As at 31 July 2024:

  • The median value for Houses in Gordonvale is $586,329 while the median value for Units is $682,029.
  • Houses have a median rent of $595 while Units have a median rent of $280.
There are currently 76 properties listed for sale, and 3 properties listed for rent in Gordonvale on OnTheHouse. According to CoreLogic's data, 154 properties were sold in the past 12 months in Gordonvale.

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Peter Shervey
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Twomey Schriber Property Group
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