49 Norman Street, Wooloowin, Qld 4030

Expression of Interest

Block Of Units
Type
12
Bedrooms
4
Bathrooms
4
Parkings
600 m²
Area

Published on Thursday, March 26, 2026 ( See property details for 49 Norman Street, Wooloowin, Qld 4030)

Expression of Interest

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare 12-bedroom, dual-level property on a 600m2 block in Wooloowin offering exceptional rental income, development potential, and future growth opportunities.

🏡 Property Highlights

  • Massive 12-bedroom, two-storey residence with high rental income potential
  • Prime 600m2 inner-city Wooloowin location with development upside
  • Solid double-brick construction with insulated doors and windows
  • Currently generating approximately $2,400 per week in rental income
  • Massive 13.5Kw solar panel array reducing electricity costs
  • Potential for subdivision and re-zoning to LMR2 for future development

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Waterfront / Views
  • Garage / Secure Parking
  • Open-Plan Living
  • External Storage (Shed/Linen)
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready

Wooloowin is a highly sought-after suburb known for its rapid gentrification, strong capital growth, and excellent lifestyle amenities. It offers unbeatable connectivity with nearby train and bus stations, shopping precincts like Lutwyche Market Central, and access to parklands and bikeways. The area is ideal for tenants and investors seeking a vibrant, well-connected community with future development prospects.

What is the current condition of the property and what renovations could increase its value?
The property is presented in neat, original condition with minor improvements. Cosmetic renovations could significantly enhance rental yield and overall value.
What are the zoning and development possibilities for this property?
The property sits on a 600m2 block with potential for subdivision and re-zoning to LMR2, allowing for boutique townhouse or unit development, subject to council approval.
Are there any restrictions or approvals needed for future subdivision or re-zoning?
Yes, future subdivision and re-zoning would require council approval and compliance with local planning regulations. It is advisable to consult with local authorities for specific requirements.
What are the potential risks associated with this property, such as flood or bushfire risks?
The property is located in an inner-city suburb with minimal bushfire risk. Flood risk should be assessed via local council flood maps and reports.
Are there any strata or body corporate fees applicable?
As a block of units, there may be applicable strata or body corporate fees. Details should be confirmed with the current owner or managing body.
Are there any existing planning restrictions or easements on the property that could affect future development plans? What are the current council rates and any additional costs associated with subdivision or re-zoning? Has the property been inspected for structural issues or pest infestations? Are there any upcoming infrastructure projects or planning proposals in Wooloowin that could impact property value? What are the terms of the current tenancy agreements, and are there any lease restrictions or conditions?

49 Norman Street, Wooloowin, Qld 4030 - More Details

Expression of Interest

Type
Block Of Units
Bedrooms
12
Bathrooms
4
Parkings
4
Area
600 m²

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