Presenting an exceptional development opportunity in the heart of Upper Mount Gravatt -a 1,487 sqm site with current DA approval for 55 units.
This is a must-see for developers and investors aiming to attract a diverse tenant and owner-occupier mix, from professionals to families, couples and retirees. With two houses already on-site generating rental income, the property falls within esteemed local school catchments. Furthermore, Westfield Mt Gravatt and key city bus stops are just a short walk away.
Key Highlights:
- Phenomenal 1,487 sqm development site in central Upper Mount Gravatt
- Zoned HDR1 High density residential
- DA approved for 55 units, appealing to wide tenant/owner-occupier demographic
- Possible opportunity for townhouse development (STCA)
- Located in respected Upper Mount Gravatt State School and Macgregor State High School catchments
- Exceptional proximity to shopping centres, public transport and motorways
Upper Mount Gravatt offers unparalleled convenience, standing as a central hub to some of South Brisbane's most sought-after amenities and schools. A mere stroll from this allotment will lead you to city-bound buses, parks, shops, and the chic Westfield Mt Gravatt for the latest in fashion, movies, and fine dining. High-calibre private schools like Clairvaux MacKillop College are within walking distance, and Macgregor High is also close by.
- 300 m to Mount Gravatt Capalaba Road bus stop
- 400 m to Tyron Street Park and Playground
- 700 m to Logan Road bus stop
- 700 m to Palmdale Shopping Centre
- 700 m to Westfield Mt Gravatt
- 850 m to Upper Mount Gravatt State School
- 1.2 km to St Catherine's Catholic Primary School
- 1.4 km to St Bernard's Catholic School
- 1.4 km to Clairvaux MacKillop College
- 1.9 km to Macgregor State High School
- 3.4 km to Market Square
- 3.4 km to Sunnybank Plaza
- 3.5 km to Sunnybank Private Hospital
- 3.7 km to Griffith University Nathan Campus
- 3.9 km to QE II Jubilee Hospital
- 5.8 km to Griffith University Mount Gravatt Campus
Set on the bustling Mount Gravatt Capalaba Road, this 1,487 sqm block enjoys prime exposure, with a 33.3m frontage, which is sure to attract immense buyer interest. The area is already developed too, with apartment buildings to the rear of the block.
The block is DA approved for 55 units with a mixture of 1, 2 and 3 bedroom layouts across 11 levels (8 levels above ground and 2 levels of secure underground basement parking) - offering a compelling prospect for developers and investors alike.
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.
