Property for Sale
Offers over $3,495,000 Block of 7 Units @ 6.4%
*Information Memorandum available on request*
-Property Highlights:
Reliable Rental Income
-Current $223,600 annual income ($4,300 per week) from 7 units - fully tenanted
Strong 6.4% return in blue-chip inner Brisbane suburb
Low Maintenance - Recently Refurbished Complex
-Set & Forget - Very low outgoings and maintenance costs
-Exceptional value in Blue-Chip Norman Park, offering an attractive 6.4% return.
-Current rental income: $223,600 p.a. ($4,300 p.w.)
-Projected Rental Income: $234,780-$241,488 p.a. over the next 12 months, based on an anticipated 5-8% rental increase.
-High-demand rental location within walking distance to the train station, parks and local amenities
-Recently refurbished, genuine set-and-forget investment
-Very low outgoings, including land tax (no body corporate)
-Popular 'Whitehaven' complex, highly sought after by young professionals
-Large private decks throughout, creating a relaxed resort-style appeal
This completely refurbished 'Whitehaven' complex comprises 7 units on a single title, presenting an outstanding opportunity for the astute investor. Located at 1-7/56 Brentnall Street, Norman Park (Poets Corner), the property delivers strong, diversified cash flow across seven individual tenancies with an attractive rental return.
Situated in the highly regarded Poets Corner precinct, the property offers premium inner-city living with convenient access to public transport, hospitals, universities, shopping centres and falls within the sought-after Norman Park State School catchment. Positioned on an 809sqm allotment, this well-maintained complex is exceptionally low maintenance and consists of six 1-bedroom apartments and one 2-bedroom apartment, all featuring oversized private decks.
The property is located within a flood overlay; however, the raised building was not affected by the recent Brisbane floods (refer report). Having been extensively refurbished and meticulously maintained, this is a genuine set-and-forget investment with nothing further to spend.
The complex is fully tenanted, generating a combined annual income of $223,600:
Unit 1 - 1 bed, 1 bath - $620 per week (lease expires 05/07/2027)
Unit 2 - 1 bed, 1 bath - $620 per week (lease expires 01/05/2027)
Unit 3 - 1 bed, 1 bath - $545 per week (lease expires 19/01/2027)
Unit 4 - 1 bed, 1 bath - $620 per week (lease expires 28/06/2027)
Unit 5 - 1 bed, 1 bath - $630 per week (lease expires 27/12/2026)
Unit 6 - 1 bed, 1 bath - $620 per week (lease expires 02/06/2027)
Unit 7 - 2 bed, 1 bath - $625 per week (lease expires 21/09/2027)
A rare opportunity to secure a high-performing investment under one roof. Whether you're seeking strong, diversified rental income or a long-term investment for future generations, opportunities of this calibre are seldom offered to the market.
LOCATION - 'Poets Corner' Inner City Lifestyle
-Perfectly positioned in one of Brisbane's most desirable inner-east lifestyle and investment precincts, offering leafy suburban living with outstanding CBD connectivity.
-Quiet residential street surrounded by established homes, parklands and a thriving café culture.
-Strong appeal to professionals, owner-occupiers and quality tenants alike.
-Brisbane CBD - approximately 3 km (7-8 minutes)
-Victoria Park Olympic Stadium Precinct - approximately 6.5 km (12 minutes)
-The Gabba - approximately 3.5 km (8-10 minutes)
-New Farm Dining & Powerhouse Precinct - approximately 5 km
-South Bank Cultural Precinct - approximately 5.5 km
-Norman Park Train Station - approximately 900 m (10-minute walk), with direct services to Central Station in under 15 minutes
-Easy access to Wynnum Road and major bus routes
-Coorparoo Square - 5 minutes
-Oxford Street, Bulimba - nearby for riverside dining, cafés, bars and boutique shopping
-Dovetail Social Café - just a one-minute stroll
-Norman Park Bowls Club nearby
-Zoned for Norman Park State School, with Churchie, Lourdes Hill College and multiple childcare centres all close by.
Added 10 July, 2026
Property ID: #L39218720
Office
Property for Sale
*Information Memorandum available on request*
-Property Highlights:
Reliable Rental Income
-Current $223,600 annual income ($4,300 per week) from 7 units - fully tenanted
Strong 6.4% return in blue-chip inner Brisbane suburb
Low Maintenance - Recently Refurbished Complex
-Set & Forget - Very low outgoings and maintenance costs
-Exceptional value in Blue-Chip Norman Park, offering an attractive 6.4% return.
-Current rental income: $223,600 p.a. ($4,300 p.w.)
-Projected Rental Income: $234,780-$241,488 p.a. over the next 12 months, based on an anticipated 5-8% rental increase.
-High-demand rental location within walking distance to the train station, parks and local amenities
-Recently refurbished, genuine set-and-forget investment
-Very low outgoings, including land tax (no body corporate)
-Popular 'Whitehaven' complex, highly sought after by young professionals
-Large private decks throughout, creating a relaxed resort-style appeal
This completely refurbished 'Whitehaven' complex comprises 7 units on a single title, presenting an outstanding opportunity for the astute investor. Located at 1-7/56 Brentnall Street, Norman Park (Poets Corner), the property delivers strong, diversified cash flow across seven individual tenancies with an attractive rental return.
Situated in the highly regarded Poets Corner precinct, the property offers premium inner-city living with convenient access to public transport, hospitals, universities, shopping centres and falls within the sought-after Norman Park State School catchment. Positioned on an 809sqm allotment, this well-maintained complex is exceptionally low maintenance and consists of six 1-bedroom apartments and one 2-bedroom apartment, all featuring oversized private decks.
The property is located within a flood overlay; however, the raised building was not affected by the recent Brisbane floods (refer report). Having been extensively refurbished and meticulously maintained, this is a genuine set-and-forget investment with nothing further to spend.
The complex is fully tenanted, generating a combined annual income of $223,600:
Unit 1 - 1 bed, 1 bath - $620 per week (lease expires 05/07/2027)
Unit 2 - 1 bed, 1 bath - $620 per week (lease expires 01/05/2027)
Unit 3 - 1 bed, 1 bath - $545 per week (lease expires 19/01/2027)
Unit 4 - 1 bed, 1 bath - $620 per week (lease expires 28/06/2027)
Unit 5 - 1 bed, 1 bath - $630 per week (lease expires 27/12/2026)
Unit 6 - 1 bed, 1 bath - $620 per week (lease expires 02/06/2027)
Unit 7 - 2 bed, 1 bath - $625 per week (lease expires 21/09/2027)
A rare opportunity to secure a high-performing investment under one roof. Whether you're seeking strong, diversified rental income or a long-term investment for future generations, opportunities of this calibre are seldom offered to the market.
LOCATION - 'Poets Corner' Inner City Lifestyle
-Perfectly positioned in one of Brisbane's most desirable inner-east lifestyle and investment precincts, offering leafy suburban living with outstanding CBD connectivity.
-Quiet residential street surrounded by established homes, parklands and a thriving café culture.
-Strong appeal to professionals, owner-occupiers and quality tenants alike.
-Brisbane CBD - approximately 3 km (7-8 minutes)
-Victoria Park Olympic Stadium Precinct - approximately 6.5 km (12 minutes)
-The Gabba - approximately 3.5 km (8-10 minutes)
-New Farm Dining & Powerhouse Precinct - approximately 5 km
-South Bank Cultural Precinct - approximately 5.5 km
-Norman Park Train Station - approximately 900 m (10-minute walk), with direct services to Central Station in under 15 minutes
-Easy access to Wynnum Road and major bus routes
-Coorparoo Square - 5 minutes
-Oxford Street, Bulimba - nearby for riverside dining, cafés, bars and boutique shopping
-Dovetail Social Café - just a one-minute stroll
-Norman Park Bowls Club nearby
-Zoned for Norman Park State School, with Churchie, Lourdes Hill College and multiple childcare centres all close by.
Added 10 July, 2026
Property ID: #L39218720
Office Harcourts Solutions
If you like what you see, but know you'll need to sell before buying, why not find out what you could be sitting on today with an instant Digital Property Appraisal, highlighting the market value including the recent sales, rental history, suburb insights and more.
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