Introducing an exceptional opportunity to secure a highly desirable investment property nestled within the prestigious Poets Corner enclave of Norman Park. This property, situated on a generous rear north-facing 663m2 parcel of land and zoned LMR, comprises a four-residence building that has consistently yielded an impressive income of $1770 per week. Comprising two 2-bedroom and two 1-bedroom flats, each boasting unique styles and configurations, the property also features multiple outdoor patios, a well-established rear garden, and convenient onsite parking facilities. The potential of this property is boundless, with opportunities ranging from redeveloping into a luxurious family residence to constructing several townhouses*. Moreover, with captivating views of the city skyline already in sight, there's the exciting prospect of further enhancing the property's appeal by elevating its structure to capitalize on its spectacular surroundings. Located just 4km from the CBD by road, this prestigious address offers easy access to both train and bus transport options, as well as being within moments of local cafes, parklands, the Bowls Club, in the school catchment for Norman Park State School and Coorparoo Secondary College. Close to a selection of esteemed schools such as Anglican Church Grammar School, Lourdes Hill College, and Norman Park State School. Additionally, the vibrant shopping and lifestyle hubs of Hawthorne, Oxford Street Bulimba, and Coorparoo Square are all just minutes away, ensuring convenience and leisure are always within reach. Particulars: * 663m2 with LMR zoning * Exclusive Poets Corner location, 4km from the CBD * City views * Four separate flats: U1- 2 bed 1 bath 1 Car $490 p/w U2- 1 bed 1 bath 1 car $430 p/w U3-2 bed 1 bath 1 car $430 p/w U4- 1 bed 1 bath $420 p/w * Scope for redevelopment of the site* *Subject to Brisbane City Council approval Disclaimer: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.