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176 Norman Ave

Norman Park QLD 4170

2
1
1
607 m²
House
Currently for sale - view listing

Overview

Norman Park Landholding with Multiple Future Pathways

Offering a rare combination of immediate usability, land value and future potential, 176 Norman Avenue presents an increasingly scarce opportunity within one of Norman Park's most connected pockets. Positioned on approximately 607m² with a frontage of approximately 15.1 metres, the property will appeal to owner-occupiers, renovators, builders, investors and developers seeking flexibility today with the ability to explore a range of future outcomes. Zoned LMR2 Low-medium density residential (3 or 4 storey mix), the site offers buyers the opportunity to investigate a number of potential pathways, including renovation, a new home, small-lot subdivision or a higher-density residential outcome, all subject to Brisbane City Council approval, relevant planning requirements and independent professional advice. Its proximity to Norman Park Train Station, broad road reserve and established multi-residential development nearby further strengthen the site's appeal for those looking to explore its longer-term potential. The existing two-bedroom home provides an immediate starting point for buyers wanting to renovate, hold or occupy while considering future plans. Set within easy reach of local cafés, parks, schools, transport and the Brisbane CBD, the property combines an established inner-city location with a landholding that offers genuine flexibility for the years ahead. Development Potential Existing 607m² allotment with approximately 15.1m frontage LMR2 Low-Medium Density Residential (3 or 4 Storey Mix) zoning Established townhome and apartment development precedent Scope to investigate three-storey, 11.5m development Potential to investigate a one-into-two subdivision Close proximity to Norman Park Train Station and broad road reserve Cafés & Dining Dovetail on Overend, 0.8km Hawthorne Road café and dining precinct, 2.5km Oxford Street café and dining precinct, 3.8km Parks & Recreation Vectis Street Park, 50m Wilson Park, 0.7km East Brisbane Sporting Precinct, 1.4km Public Transport Norman Park Train Station, 350m City-bound bus services, 1.0km Mowbray Park Ferry Terminal, 2.3km Schools Norman Park State School, 1.3km Anglican Church Grammar School (Churchie), 1.3km Lourdes Hill College, 1.8km Development potential is subject to Council approval and all relevant planning requirements. Buyers should undertake their own due diligence. Every effort has been made to ensure the information provided is accurate. Buyers are encouraged to make their own enquiries and verify any information that is important to their decision. 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

Features

2 bedrooms
1 bathroom
1 carspace
607 m² lot size
House

Property history for 176 Norman Ave

2023
Rented
Undisclosed
Leased on 08 Mar 2023 by Harcourts Inner East

Happy sellers in Norman Park

79%
79% of sellers in Norman Park reported that their sale price either exceeded or met their price expectations.

Norman Park stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 35 reviews in Norman Park over the last 12 months.

Local market activity for 2 bedroom houses in Norman Park

In the last 12 months, 8 two-bedroom houses similar to 176 Norman Ave, have been sold.

This represents a 20% increase in two-bedroom houses sales when compared to the previous 12 months.

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