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21 Norma Street

Inala, QLD 4077, Australia
$888,000
3 bed 1 bath 1 car587m²

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Area Price Guide
$834,720$941,280

Indicative price guide range

🏘️
79
Comparable
📊
$879,000
Area median
⚖️
+1%
vs median
📐
$1,513
Per m²
📏
587 m²
Land
🗓️
Today
Listed

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About this property

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. Be sure to follow us on social media and like us on Facebook and Instagram at 'ilookproperty Brisbane'. 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

Property Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $4,305/month
    $2,152 /fortnight
    Loan $710,400 at 6.10% over 30 years

    Upfront costs

    Deposit$177,600
    Stamp duty$32,985
    Conveyancing (est.)$2,000
    Total upfront$212,585
    Verify with QLD revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    3
    Bathrooms
    1
    Parking
    1
    Land Area
    587m²
    Listed
    Today

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