3 Olive Street, Manoora, Qld 4870

Auction

House
Type
5
Bedrooms
4
Bathrooms
2
Parkings
1,090 m²
Area

Last updated on Wednesday, August 26, 2026 ( See property details for 3 Olive Street, Manoora, Qld 4870)

Auction

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

A versatile family home on a large block with multiple living zones, income potential, and subdivision prospects in Manoora.

🏡 Property Highlights

  • Huge 1,090m² block with subdivision potential (STCA)
  • Multiple self-contained living areas including two granny flats
  • Current rental income of approximately $650 per week with scope for growth
  • Versatile layout ideal for extended families or investors
  • Separate entrances and outdoor patios for privacy and flexibility
  • Side access to a large rear yard suitable for a shed or additional dwelling

✨ Key Features

  • Open-Plan Living
  • Outdoor Area
  • Built-in Robes
  • Waterfront / Views
  • Home Office / Study
  • Ensuite
  • Pet-Friendly
  • Security Screens / Gates
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)

Manoora is a vibrant suburb offering excellent connectivity and community amenities. It features spacious parks, convenient shopping options, and easy access to major transport routes. The area is ideal for families and investors seeking growth potential. With a friendly neighbourhood atmosphere and future development prospects, Manoora presents a compelling lifestyle choice.

What is the current rental income and potential for future income growth?
The property currently generates approximately $650 per week from two guest flats, with significant potential to increase income through further improvements or reconfiguration.
Can the property be subdivided, and what are the development restrictions?
The large 1,090m² block has subdivision potential (STCA), subject to council approval and planning regulations.
Are there existing utilities and infrastructure for the granny flats?
Yes, each granny flat has separate wiring and internal electricity meters, facilitating easier power sharing and management.
What are the key features that make this property suitable for extended families?
The versatile layout includes multiple self-contained living areas with separate entrances and outdoor patios, ideal for extended family living or shared accommodation.
Is there scope for further improvements or renovations?
Yes, the property offers plenty of scope to enhance and increase returns through further improvements or reconfiguration.
Are there any existing planning or zoning restrictions that could affect subdivision or development plans? What are the potential costs associated with future improvements or renovations? Are there any easements, covenants, or encumbrances on the property that could impact use or subdivision? Has the property been assessed for flood or bushfire risks? Are there any upcoming council or community developments in the area that could influence property value or lifestyle?

3 Olive Street, Manoora, Qld 4870 - More Details

Auction

Don't miss out on this amazing opportunity! Packed with flexibility and future upside, this unique property offers multiple living zones, current income and subdivision possibilities (STCA) - making it the perfect opportunity for investors, extended families, builders or buyers wanting extra income streams.

Set on a huge 1,090m² block, the home is currently configured into several private living spaces with separate entrances and outdoor areas, allowing a variety of living or rental options.

Features Include:

-Huge 1,090m² block with subdivision potential of rear block (STCA)
-Side access to huge rear yard (approx 500sqm) space for big shed or granny flat
-Highly versatile layout with multiple self-contained living areas
-5 bedrooms and 4 bathrooms in total
-3 bedroom 2 bathroom in the main section
-Plus 2 X 1 bedroom separately accessed granny flats
-Ideal for extended family, shared accommodation or rental income
-Multiple private entrances and patio areas
-Each granny flat has separate wiring with internal electricity meters for easier power sharing
-NBN installed and accessible to all living areas
-Plenty of scope to further improve and increase returns

The property currently returns approximately $650 per week from the 2 guest flats, with excellent potential to increase income through further improvements or reconfiguration if required.

A rare opportunity offering strong cash flow, multiple living options and outstanding future potential all in one property.

**Under QLD legislation no price guide can be given with an Auction campaign however the property may be filtered into a price bracket online for functionality purposes.


All information contained herein is gathered from sources we believe to be reliable. This Office and its Agent provide no guarantees or undertakings concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify the information contained herein.
Type
House
Bedrooms
5
Bathrooms
4
Parkings
2
Area
1,090 m²
House Size
380 m²

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