Back 19 Mcilwraith Ave
Off Market

19 Mcilwraith Ave

Norman Park QLD 4170

8
4
4
0 m²
809 m²
Block of units
Last sold for $1,430,000
Sarah HackettSarah Hackett, last sold this property on 02 April 2018 after 60 days on market.

Overview

A Rare Block of Flats in Tightly-Held Location

Auction Location: On-Site. Delivering an unmissable opportunity in one of Brisbane’s most prestigious postcodes, this tightly held 809m2 block with city views is a strong candidate for development or to hold for future growth. Showcasing an impressive 20m frontage and made up of four established units, this solid, brick property provides a combined rental income of $1,160 per week or $60,320 per annum, with no body corporate or body corporate fees. While providing a strong rental return, there is also great potential (subject to council approval), to capitalise on this desirable land by adding more units, or building your dream home or subdividing. Each unit currently features a streamlined layout of two bedrooms, light filled kitchen, family room and one car accommodation. Offering complete accessibility and every convenience, this prestigious Norman Park location is within easy access to Brisbane’s most elite schools, transport facilities and lifestyle precincts. Delivering the scale, size and location required for a strong long term investment or luxurious family home, a property opportunity of this calibre is extremely hard to find. If you’re looking to make your next investment that will provide strong rental returns and capital value growth in one of Brisbane’s best inner-city postcodes, inspect now. 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

8 bedrooms
4 bathrooms
4 carspaces
0 m² floor area
809 m² lot size
Block of units

Estimated Value

We need at least 3 similar 8 bedroom block of units sold in Norman Park over the last 12 months.

Property history for 19 Mcilwraith Ave

2018
Sold
$1,430,000
Auction Sale on 02 Apr 2018 by Sarah Hackett, of Place Estate Agents - Bulimba

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 47 reviews in Norman Park over the last 12 months.

Local market activity for 8 bedroom block of units in Norman Park

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