What an opportunity to secure this exceptional potential development site in the heart of Mount Gravatt East. Boasting 1214m2 of prime LMR zoned land. With sites of this size in the area becoming extremely rare, this property has all the attributes of an A-grade site. All the advantages of an elevated block and quiet suburban location are combined with exceptional convenience to transport, comprehensive local shopping, cafes and gymnasiums. The perfect inner-south location.
Prospective developers will benefit from the booming popularity of Mount Gravatt East whilst the low vacancy rate in the area is also an appealing statistic for both local and interstate investors.
- No character or demolition control overlay
- Gently sloping elevated block with potential city views
- Would suit a Townhouse or Apartment development (stca)
- Walk to Mount Gravatt Home Maker Centre
- Located only 6mins from 2 major Westfield Shopping Centres (Carindale & Garden City)
- Only 500m2 to Glindemann Park
- Great public transport options and easy access to the Busway
Mount Gravatt East is a city fringe suburb only 9kms from the CBD with proven capital growth. The area is made up of predominantly residential properties, with a rising number of units and townhouses being developed to cater to the demand for first-home buyers and downsizers. It's a popular central business district with a number of recognized major retailers and boasts some of the best cafes, restaurants, and Griffith University Campus. It's well serviced by public transport and provides easy access to the CBD and Gold Coast via the M1.
The executors of the estate have made it perfectly clear, that this property will be sold at auction if not prior!
Onsite Auction - 12pm, Sat 20th August 2022
This property is being sold by auction or without a price. The website may have filtered the property into a price bracket for website functionality purposes.
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