113-115 Railway Parade, Norman Park, QLD, 4170

ATTENTION developers, land bankers/investors/home owners...today is your lucky day! 

House
Type
4
Bedrooms
1
Bathrooms
3
Parkings

Last updated on Saturday, March 21, 2026 ( See property details for 113-115 Railway Parade, Norman Park, QLD, 4170)

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A versatile, renovated family home on a prime development site with approved plans for five townhouses, offering immediate income and future growth potential in Norman Park.

🏡 Property Highlights

  • DA Approved Plans for 5 multi-story townhouses, offering significant development potential.
  • Prime 863sqm corner block with two separate lots, ideal for splitting or redevelopment.
  • Immaculately renovated 4-bedroom home with polished timber floors and modern amenities.
  • Excellent rental income of $890 per week, providing immediate cash flow.
  • Highly sought-after location just 5 km from Brisbane CBD, close to amenities and transport.
  • Large rear deck overlooking a spacious backyard, perfect for outdoor living.

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Waterfront / Views
  • Garage
  • Security Screens / Gates
  • Fly Screens
  • Internal Laundry
  • Ceiling Fans
  • Extra Storage (Shed/Linen)

Norman Park is a highly desirable suburb renowned for its family-friendly atmosphere, proximity to Brisbane CBD, and excellent amenities. Key points include: convenient access to public transport, vibrant dining and shopping precincts, scenic parks and riverfronts, top local schools, and a strong community vibe. This suburb offers a perfect blend of urban convenience and relaxed lifestyle, making it ideal for both investors and families seeking a premium location.

What are the development options available for this property?
The property has DA approved plans for five multi-story townhouses, with options to split the block, build additional homes, or develop the approved townhouses, offering significant upside.
Is the current home suitable for renting out immediately?
Yes, the renovated 4-bedroom home is move-in ready and currently rented for $890 per week, providing immediate income.
What are the key features of the existing house?
The house features four bedrooms, spacious open-plan living and dining, a renovated kitchen and bathroom, polished timber floors, and a large rear deck overlooking the backyard.
What is the land size and zoning of the property?
The property comprises approximately 863sqm of Residential B R3 (LMR2) land, split into two lots of 405sqm and 458sqm, suitable for development or subdivision (STCA).
What amenities and transport options are nearby?
The property is close to Brisbane CBD, Oxford Street dining precinct, Morningside shopping, Brisbane River Ferry, parks, trains, and local schools, offering excellent connectivity and lifestyle options.
Are there any restrictions or easements on the property that could affect development plans? What are the potential costs for council approvals, permits, or additional development requirements? Are there any known issues with the existing structure or land that could incur future expenses? Is the property located in a flood or bushfire risk zone? Are there any upcoming planning or construction projects nearby that could impact the property’s value or livability? What are the strata or body corporate considerations if applicable? Are there any zoning restrictions or overlays that could limit development options? What are the total costs involved in subdividing or developing the site beyond the purchase price? Is there any history of disputes or issues with the current tenants? Are there any environmental or heritage considerations affecting the property?

113-115 Railway Parade, Norman Park, QLD, 4170 - More Details

ATTENTION developers, land bankers/investors/home owners...today is your lucky day! 

This property offers options galore and income producing from day 1 Looking for your next site to develop? Maybe a splitter block in a prime location? Or just buy to live in/rent out or hold and capitalise on future growth? Whatever it is, don't miss this rare opportunity to make BIG DOLLARS $$$ in a premier blue-chip suburb, located just 5 km east of Brisbane's CBD! For sale with DA APPROVED PLANS for 5 multi-story townhouses, turn 1 into 5, and reap the massive upside, anyway you look at it, you'll be winning big time! Or split the block, live in the current renovated home (or rent it) and sell the other block or build a second home (STCA)! With 863sqm of Residential B R3 (LMR2) land, and 2 separate lots on one title, (Lot 1 comprises 405sqm, Lot 2 comprises 458sqm), with a frontage of approximately 20m, there are so many options to make BIG DOLLARS $$$, but you better hurry, BLINK AND YOU WILL MISS OUT! The home itself is IMMACULATE! Not a dollar to be spent! With 4 bedrooms, spacious open plan living and dining, renovated kitchen and bathroom, polished timber floors, and a separate detached multipurpose room, all the hard work has been done! A large covered rear deck overlooking the massive back yard, with plenty of room for cars, boats or caravans! Immaculately presented! Currently rented for $890 per week with great tenants, you can earn an income while you decide on how to capitalise on this GOLD MINE! PRIME LOCATION, only 5kms from CBD, Oxford St dining precinct, Morningside shopping precinct, Brisbane River Ferry, parks, trains, Norman Park and Coorparoo State schools - EVERYTHING is here!! Opportunities like this are few and far between, don't be the one that misses out again! Pick up the phone and call me, George Vuong, for a private viewing today, you'll thank your lucky stars you did! (This property is being sold without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.) All offers must be submitted prior to end date, all offers are submitted on a first in, best offer basis, and the vendors may accept an offer prior to end date. 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.remaxmasters.com.au
Type
House
Bedrooms
4
Bathrooms
1
Parkings
3

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