126 Mcilwraith AvenueNorman Park QLD 4170
Property Details for 126 Mcilwraith Ave, Norman Park
Last Listing description (February 2020)
Retirement has been the trigger for this freehold, freestanding building coming for sale.
With a building size of roughly 126sqm and land size approximately. 506sqm, zoned Neighbour Centre Zone this combination is a rare offering.
Currently the building is divided into 2 tenancies. The front section known as tenancy 1 is close to 86sqm and is leased until the 31st May 2020 for approx. $25,572.00 per annum. The rear section known as tenancy 2 is being offered with vacant possession.
The front section is made up of reception, office, central work area and 4 consulting rooms. The rear section is made up of reception, office and 3 consulting rooms.
The allotment has dimensions of approx 12.5m wide and around 40m depth and shares a driveway with neighbouring building. Ample parking is provided at the rear.
The configuration of the building could no doubt be easily altered, with combining the tenancies the easiest. Increasing the size of the rooms etc, could also be examined to suit a variety of uses.
Inspect by appointment.
Property History for 126 Mcilwraith Ave, Norman Park, QLD 4170
- 30 Aug 2019Sold for $780,000
- 09 Apr 2019Listed for Sale High $700,000's
- 16 Apr 2014Listed for Sale $2,400 GROSS/PCM + GST
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0About Norman Park 4170
The size of Norman Park is approximately 2.3 square kilometres. It has 14 parks covering nearly 13.8% of total area. The population of Norman Park in 2016 was 6287 people. By 2021 the population was 6842 showing a population growth of 8.8% in the area during that time. The predominant age group in Norman Park is 30-39 years. Households in Norman Park are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Norman Park work in a professional occupation.In 2021, 64.30% of the homes in Norman Park were owner-occupied compared with 62.00% in 2016.
Norman Park has 3,077 properties. Over the last 5 years, Houses in Norman Park have seen a 69.08% increase in median value, while Units have seen a 85.82% increase. As at 31 March 2026:
- The median value for Houses in Norman Park is $1,831,129 while the median value for Units is $982,647.
- Houses have a median rent of $860 while Units have a median rent of $670.
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