Vacant former Norman Park church has sold to a developer

Vacant former Norman Park church has sold to a developer
Vacant former Norman Park church has sold to a developer

A former church located in NORMAN PARK has been sold to a local developer for $1.4 million.

The property located at 68 Longfellow Street (pictured above) was purchased by Contracting Solutions QLD Pty Ltd, in a deal through Robert Dunne and Tim Packman of Savills.

The 1,215sq m inner Brisbane property attracted strong enquiry, with 91 parties expressing their interest during the marketing campaign.

Packman said the property attracted predominately property developers and childcare operators.

Restrictions prevented the property from being completely developed.

The property is zoned Low Medium Residential.

However Contracting Solutions are set to seek subdivision of the property into three lots to develop the property to its permitted potential.

“The solution for the buyer is to retain part of the church and conduct a high-end refurbishment as one lot, and sub-divide the remaining land into another two lots with the potential to build to three storeys,” Packman said.

The property is located 6.5km from the CBD.

Tags: 
Residential Development Norman Park

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