Prime Norman Park Property - Renovatorâs Dream or Rebuild Opportunity!

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House real estate, Norman Park QLD

Prime Norman Park Property Renovators Dream or Rebuild Opportunity at 14 Donaldson Street, Norman Park

Located just 5 minutes from Brisbane CBD, this 605sqm corner block in the sought-after suburb of Norman Park offers endless possibilities. The property, recently vacated by tenants who were paying $640 per week, features a solid three-bedroom, two-bathroom home and presents an excellent opportunity for renovation or redevelopment.

The property previously had a BA-approved plan for a two-storey unit, which has since lapsed. While this plan has expired, it provides a strong foundation for new development ideas. Given the property's advantageous location and the history of the previous approval, the council is likely to be receptive to new development applications, making this an ideal start for your next project.

Key Features:

Corner block location on Pope Street, Norman Park
Spacious 605sqm block with versatile design potential
Existing home with 3 bedrooms and 2 bathrooms
Former BA-approved plan for a two-storey unit (now lapsed)
Recently vacated by tenants, previously rented at $640 per week
2 garages, plus ample off-street parking
Median property prices in Norman Park: $1,480,500 (past 12 months)
Ideal for renovation, new build, or redevelopment
Situated in the catchment for Norman Park State School
Close proximity to Anglican Church Grammar School
Near well-known childcare and kinder centers
Quiet, tree-lined street offering a tranquil and private setting
Easy access to public transport, parks, and local amenities
Close to cafes, Brisbane River, and city access routes
Only 4km from Brisbane CBD

Best Suited For: Buyers looking for a renovation project, developers seeking a promising start for a new development, or families searching for a prime location for a new build with space to grow. This property is ideal for those wanting to create a bespoke home or development in a sought-after inner-city suburb, with the added benefit of being in the catchment for Norman Park State School and close to Anglican Church Grammar School, as well as well-known childcare centers and major amenities. The previous development approval history suggests that new proposals are likely to receive favorable consideration from the council.

Disclaimer: The images provided are for illustrative purposes only and may not fully represent the actual condition of the property. While we endeavour to ensure accuracy, we recommend seeking professional assistance to verify details, as our information is based on the best available knowledge but may not be entirely accurate.

More Information

Property Overview

Category: House
Details: 3 2 2
Price: Please Contact Agent
Area: 176m2

Property Features

Investment Information

Gross Return: $ (not disclosed)
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Net Return: $ (not disclosed)
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Yield: (not disclosed)
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Guaranteed Return (PA): $ (not disclosed)
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Body Corporate Costs: $ (not disclosed)

Rates PA: $ (not disclosed)

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Cleaning Costs (PA): $ (not disclosed)
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Cable and Data costs (PA): $ (not disclosed)
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