OFF MARKET

14 Thackeray Street
Norman Park QLD 4170

Bedrooms: 8
Bathrooms: 7
Car spaces: 4
Land area: 810m2
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Property Details for 14 Thackeray St, Norman Park

14 Thackeray St, Norman Park is a 8 bedroom, 7 bathroom Unit with 4 parking spaces and was built in 1925. The property has a land size of 810m2. While the property is not currently for sale or for rent, it was last sold in March 2015.

Building Type
Unit
Year Built
1925
Land Size
810m2
Local Government
Brisbane
Lot/Plan
190/RP12500

Last Listing description (July 2018)

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.

Property History for 14 Thackeray St, Norman Park, QLD 4170

A timeline of how this property has performed in the market
Last Sold
$1,100,000
30 Mar 2015
Listed for Rent
$230/w
11 Feb 2015
  • 03 Apr 2018
    Listed for Sale Offers Over $1,650,000
  • 30 Mar 2015
    Sold for $1,100,000
  • 17 Mar 2015
    Listed for Sale For Sale by Negotiation
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About Norman Park 4170

The size of Norman Park is approximately 2.3 square kilometres. It has 14 parks covering nearly 13.8% of total area. The population of Norman Park in 2011 was 6,002 people. By 2016 the population was 6,269 showing a population growth of 4.4% in the area during that time. The predominant age group in Norman Park is 30-39 years. Households in Norman Park are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Norman Park work in a professional occupation. In 2011, 61% of the homes in Norman Park were owner-occupied compared with 62% in 2016.

Norman Park has 3,055 properties.

    There are currently 14 properties listed for sale, and 7 properties listed for rent in Norman park on OnTheHouse. According to CoreLogic's data, 138 properties were sold in the past 12 months in Norman park.

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    Disclaimer
    Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.