61 McIlwraith Avenue, Norman Park QLD 4170

Seeking Offers for this highly sought after 792m2 allotment in Norman Park.

This residence is brimming with economical potential. Capturing great city views and comprising of five units, currently returning $1,535 per week.

Are you looking for an immediate investment return that holds further economic potential? This fantastic revenue opportunity awaits an astute purchaser.

Another potential investment opportunity is to strata title the complex into five separate properties, increasing the value of owning this residence exponentially.

As well as immediate investment return, there is also the potential for a further one bedroom unit (STCA) to be converted out of the existing garage space. In a proven, marketable location this is a fantastic revenue opportunity.

Well positioned in the coveted Norman Park locale, the long term value of this property lies in it's desirability. If you're looking for a sound investment to hold in your super fund, this is the opportunity you've been waiting for.

With a near proximity to the CBD, elite schools and caf precincts, rental demand is constant. Contact the agent for more details regarding what could be your next great opportunity in real estate.



Disclaimer
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.