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113-115 Railway Parade, Norman Park QLD 4170

For Sale

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$1.5M - $1.6M Medium Confidence Calculated based on our search observations.

House 4 Beds 1 Bath 3 Cars 863 m²

Listed: 5th Jul 2026

Updated: 10 hours ago

Overview

Set on a substantial combined land holding of approximately 863 square metres comprising two separate lots under one title, this well-maintained residence presents an exceptional opportunity in the sought-after suburb of Norman Park. The generous frontage of about 20 metres offers flexibility for development, subject to council approval, ideal for those looking to invest in future growth or capitalize on development potential.

This home features a thoughtfully renovated interior requiring no further expenditure, showcasing polished timber floors and a practical open-plan living and dining area that enhances daily living and entertaining. The updated kitchen and bathroom complement the home's comfortable layout.

A standout attribute is the large covered rear deck that provides serene views over a vast backyard, accommodating vehicles such as cars, boats, or caravans with ease. Additionally, a separate detached multipurpose room extends the functionality of the property, catering to hobbies, a home office, or guest accommodation.

Currently tenanted at $890 per week, the property generates steady rental income, making it a strong option for investors who want immediate returns while planning future use or development.

Ideal for investors, developers, or families seeking a substantial parcel of land close to the CBD.
Prime location, just 5 kilometres from Brisbane’s Central Business District with access to various amenities including dining precincts, shopping centers, public transport, and reputable schools.
Multiple options available including living in the renovated home, land banking, subdividing the land (subject to council approval), or building and selling.

This property represents a rare chance to secure a significant blue-chip asset in a premier suburb. The versatile land and well-cared-for home provide a foundation for various lifestyle and investment aspirations in one of Brisbane’s highly regarded localities.

Local Market Insights

In Norman Park, Quiet Listings observed 29 new houses entering the market over the last 30 days, up from 24 during the previous 30-day period, with an average advertised asking price of $1,886,207. The property type mix of listed properties is predominantly Houses at 50%, followed by apartments (18%), and townhouses (15%). The most active agency for houses in the Norman Park area is currently Place, representing 52% of new listings, followed by Remax with 24%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.