Ripe for renovation or a prime pick for sub-division and erecting a new family home - this large 685sqm block with 17.8m wide frontage presents a stellar opportunity for savvy investors, renovation enthusiasts or project builders to secure and reap the rewards.
This region is seeing continual gentrification with a number of properties in this street already having been completely renovated or rebuilt from scratch. Land values alone remain strong and there is significant upside to be gained by building one or potentially two new homes on this top block (STCA) in Mt Gravatt central.
The property hosts an original condition three bedroom single level dwelling with back extension which is rentable for immediate income. This cute and characterful home consists of a simple lounge area with ornate cornicing throughout plus an adjoining sunroom with cosy fireplace provides another space for living, play, hobby or study. The tiled dining area is opposite the kitchen which is in good working order and includes a dishwasher and plenty of storage cabinetry.
The master bedroom is spacious with air-conditioning and large cupboards. Whilst the two other bedrooms have fans & built-ins. All share use of the communal bathroom with toilet. The double carport area off the back of the home is suited to outdoor entertainment and includes a powder room linked to the laundry area for convenience.
Situated in an incredible position, it is a 2 minutes walk to Mt Gravatt Central shopping centre. This large-scale complex offers both Coles and Woolworths along with specialty shops, boutiques, medical centres, post office and cafes. There are major bus routes from here or it is a short walk up to Logan Road or Creek Road for city express bus services. Other location highlights include:
- Major redevelopment in planning at the site opposite Central shopping centres
- Busy High Street activity with a wide variety of restaurants, cafes, bars and fitness centres
- Proximity to quality childcare and both state and private schools in the area
- Large public swimming complex; Bunnings and Aldi all close by
- Mt Gravatt Showgrounds walking distance for weekend farmers markets & Marketta night stalls
- Mt Gravatt Mountain and lookout plus extensive bush tracks and golf course
-15 minutes easy drive into Brisbane CBD
This red-hot property will not last long - so call today to secure this superb property!
**All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries**