SNAPSHOT Rates: $1,755 Per quarter
Current Rental income: $222,560 PA or $4,280 PW
Projected rental income: $230,000 PA TO $235,000 PA
This completely refurbished complex 'Whitehaven' consists of 7 units, positioned on a single title. 1-7/56 Brentnall St, Norman Park (Poets Corner) offering a great opportunity for the savvy investor.
This is your chance to acquire a constant cash flow spread over 7 investments with an attractive rental return. Norman Park 'Poets Corner'' offers convenient, inner city living at its finest with easy access to transport, hospitals, universities, shopping and within the Norman Park School catchment. Sitting on an 809sqm parcel of land this tidy, refurbished unit block is ultra low maintenance. Consisting of 1 x 2-bedroom & 6 x 1-bedroom, 1 bath & all with extra large private decks. This complex has been well-maintained and could be a set and forget investment with no more to do. Property located in a flood overlay, but the raised building wasn't affected in recent floods.
The complex is tenanted with a combined income of $222, 560 per annum:
• Unit 1 - 1 bed, 1 bath - $620 per week, expiring 24/08/2026
• Unit 2 - 1 bed, 1 bath - $550 per week, expiring 1/5/2027 ($620 per week starting 1st July 26)
• Unit 3 - 1 bed, 1 bath - $545 per week, expiring 19/1/2027
• Unit 4 - 1 bed, 1 bath - $620 per week, expiring 28/6/2027
• Unit 5 - 1 bed, 1 bath - $630 per week, expiring 27/12/2026
• Unit 6 - 1 bed, 1 bath - $620 per week, expiring 2/6/2027
• Unit 7 - 2 bed, 1 bath - $625 per week, expiring 28/9/2026
Invest under a self-managed superfund; a great investment all under one roof; or ideal to buy with your children's futures in mind to get them into the market, whatever your needs, opportunities like these don't come along that often.
LOCATION - 'Poets Corner' Inner City Lifestyle
- Perfectly positioned in one of Brisbane's most desirable inner-east lifestyle and investment pockets, 56 Brentnall Street,
Norman Park offers the best of both worlds-leafy suburban calm with seamless connectivity to the CBD.
- Nestled within a quiet residential street and surrounded by established homes, parklands, and a vibrant café culture, the property
appeals strongly to both tenants and long-term investors.
- The suburb is well-serviced by excellent transport links, lifestyle destinations, and high-quality infrastructure, making it
one of Brisbane's most sought-after addresses for families, professionals, and investors alike
- Brisbane CBD - just 3 km (approx. 7-8 mins by car)
- Victoria Park Olympic Stadium Precinct - 6.5 km (12 min drive), Brisbane's new Olympic hub for 2032
- The Gabba - 3.5 km (approx. 8-10 min drive)
- New Farm Dining & Powerhouse Precinct - 5 km (10-12 min drive)
- South Bank Cultural Hub - 5.5 km (12-13 min drive) with restaurants, GOMA, QPAC, State Library, and parklands
- Norman Park Train Station - approx. 900 m (10 min walk), direct to Central Station in under 15 minutes
- Easy access to Wynnum Road and major bus routes for smooth city connections
- Coorparoo Square - 5 mins, with supermarkets, cafés, dining, boutique retail, and a cinema
- Bulimba's Oxford Street precinct - nearby, renowned for riverside dining, bars, and boutique shopping
- Dovetail Social Café - 85 Overend St, Norman Park (1-minute stroll)
- Norman Park Bowls Club - local licensed club with meals and events
- Zoned for Norman Park State School, with top schools nearby including Anglican Church Grammar (Churchie) and Lourdes Hill College, plus multiple childcare centres
The units are not at current market rent and expected rental return per property on a renewal would be approximately $620 - $650 per week ($234,000 pa) Invest under a self-managed superfund; a great investment all under one roof; or ideal to buy with your children's futures in mind to get them into the market, whatever your needs, opportunities like these don't come along that often.
Contact Jane Elvin or Joey Elvin if you would like to discuss this opportunity further, or we look forward to seeing you at one of our open homes.
