3 OLIVE STREET, Manoora QLD 4870

A rare and highly versatile opportunity awaits with this 5-bedroom, 4-bathroom home, strategically configured into multiple self-contained living spaces, each with private entrances and patio areas. Set on a spacious 1090m² block with potential to subdivide (STCA), this property is perfectly suited for investors, shared accommodation operators, or builders seeking a high-yield project with multiple pathways to profit.

The main house features an atrium and two bedrooms, offering the ideal footprint to be transformed into a fully self-contained 2-bedroom unit simply by adding a kitchen and bathroom—an easy value-add opportunity for the savvy renovator.

Current Layout & Key Features

Main House

• Atrium entry with natural light

• Two bedrooms

• Excellent potential to convert into a 2-bedroom self-contained unit with the addition of a kitchen & bathroom

Unit 3

• Bedroom with ensuite

• Kitchenette area

• Private entrance & patio

Room 4 — Studio

• Combined bedroom/studio layout

• Private ensuite

• External access & patio

Room 5

• Separate living area, plus separate bedroom

• bathroom

• Private entrance & patio

Additional Highlights

• All rooms/units feature their own external entrances
Rooms 3,4 & 5 have electricity meter in each room, making it easier to share power bills

• Shared kitchen and laundry for current setup

Situated on a generous 1090m² block with subdivision potential (STCA)

Incredible flexibility for co-living, room-by-room renting, or full redevelopment

Ideal for the investor, builder, or handyman wanting multiple income streams

This property is a standout opportunity with strong returns, multiple configuration options, and future development potential. Whether you’re looking to run a profitable share house, create a blend of self-contained units, or re-imagine the block entirely, this is the perfect foundation to build value.

For more information or to book your private inspection, contact Maria King today on 0409 717 891.