Are you looking for a property that delivers immediate rental income while offering outstanding future potential? Then welcome to 21 Norma Street, Inala – an opportunity that savvy investors won't want to miss.
Positioned on a generous parcel of land in one of Brisbane's most affordable and rapidly evolving suburbs, this property combines the security of a long-term tenancy with the exciting prospect of future value-add opportunities.
Currently leased to a long-term tenant until 19 January 2027, the home is returning $400 per week, providing investors with reliable income from day one. With a secure tenancy already in place, you can enjoy the benefits of consistent cash flow without the hassle of finding a tenant.
What truly sets this property apart is the substantial land holding. Large blocks in Inala are becoming increasingly sought after by investors, renovators, and land bankers alike. Whether you're looking to hold and enjoy the rental return, undertake a renovation in the future, or explore the property's long-term potential, the possibilities here are significant.
The existing home presents a fantastic opportunity for those with vision. With some strategic improvements down the track, there is plenty of scope to modernise, increase rental appeal, and potentially add substantial value. Properties like this have become increasingly popular among buyers seeking to unlock equity through renovation while benefiting from strong land content.
Located close to schools, shopping centres, public transport, parks, and major arterial roads, this is a property that ticks the boxes for both tenants and future owner-occupiers.
Key Features:
Long-term tenant in place until 19 January 2027
Returning $400 per week
Large block with excellent future potential
Opportunity to renovate and add value
Strong investment fundamentals
Convenient location close to amenities
Ideal land bank opportunity in a growing suburb
Whether you're a seasoned investor, first-time investor, or someone looking for a property with future upside, 21 Norma Street, Inala offers the perfect blend of security, potential, and value.
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Disclaimer- All information relating to the property described is gathered from sources we believe to be reliable. However, we cannot guarantee or warrant it's accuracy. You should make your own enquiries, consult relevant advisers and satisfy yourself about it's integrity. Our full disclosure also applies and is outlined on our website www.ilookproperty.com.au
