Back 2/40 Raffles St
Off Market

2/40 Raffles St

Mount Gravatt East QLD 4122

2
1
1
101 m²
Unit
Tina GuoTina Guo, last sold this property on 20 May 2025 after 12 days on market.

Overview

Solid Brick Two-Bedroom Unit Perfect For FIRST HOME OR INVESTMENT!

Superbly located walking distance from a host of local amenities, this brilliant property boasts the best possible mix of easy care living, convenience and pure value. Private and spacious, you'll love the stylish of this fabulous unit. Set in a quiet elevated position, Unit 2/40 Raffles Street is perfect for the first-time home buyer, down-sizer or investor searching for an exceptional property to add to their portfolio with high returns. Located in a small complex of 4 units, this unit is in close proximity to the shops, bus stops, cafes and other conveniences. This beautiful two-bedroom unit has undergone a renovation with the kitchen featuring a free-standing gas stove and range hood and a great outlook. The open plan lounge and dining area is very spacious and is fitted with new split system air conditioning. The stylish and modern kitchen features ample cupboard and bench space. A cosy dining area provides ample space for when friends drop in for dinner. A private balcony offering breath-taking views, ideal for relaxation or entertaining guests. Two generously sized bedrooms with ample storage space. A large lock up garage with laundry facility and plenty of street parking are just a few of the added bonuses. This unit represents great value with low body corporate fees - providing you with a dream first home or perfect investment property. Ideally situated only a few hundred metres from Mt Gravatt Central, with Woolworths, Coles, coffee shops and great restaurants that are in easy walking distance you are positioned in one of the best spots throughout 4122. Features: - Sold brick structure - Private internal staircase, only for this unit - 2 Bedroom - 1 Bathroom - Open plan living and dining - Split system air conditioning - Lockup garage - Private balcony with views over the suburb and up to Mount Gravatt Mountain - Security on doors and windows - Small quiet block of only 4 units - Within minutes drive to 2 major Westfield Shopping Centres - Carindale and Garden City - 3 minute walk down the street to Mount Gravatt Plaza consisting of Woolworths, Coles, Banks, Australia Post, Eateries and Specialty shops. - Gyms and 2 Brisbane City Council pools in walking distance. - Walk to bus stops to the City, University's, Hospitals, Major Shopping Centre's and schools. - 7km to Brisbane CBD - Rental Appraisal $600-$630/ week approximately - Body corporate: $1100/quarter approximately At such a great value-for-money price, you better get in quick because investments as good as this are hard to find. This property is within walking distance from Mt Gravatt Plaza and Central Fair Shopping Centre with transport and schools also close by. Situated in a prime location, just 7km to Brisbane CBD, a short walk to Mount Gravatt Central, nearby public transport, parks and schools. This home won't be available for long. Contact Tina Guo to secure your viewing today. All information contained herein is gathered from sources we consider to be reliable. However we can not guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
101 m² floor area
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Mount Gravatt East over the last 12 months, the estimated median property value of 2/40 Raffles St is $655k.

Median value
$655k
Estimated value range
$580k - $880k
Median days on market
19
Estimated value trend
12%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Mount Gravatt East. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2/40 Raffles St

2025
Rented
Undisclosed
Leased on 28 Jul 2025 by Harcourts Property Centre Coorparoo
2025
Sold
Undisclosed
20 May 2025 by Tina Guo, of Ray White Sunnybank
2021
Rented
Undisclosed
Leased on 14 May 2021 by Flourish Homes

Happy sellers in Mount Gravatt East

95%
95% of sellers in Mount Gravatt East reported that their sale price either exceeded or met their price expectations.

Mount Gravatt East stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 29 reviews in Mount Gravatt East over the last 12 months.

Local market activity for 2 bedroom units in Mount Gravatt East

In the last 12 months, 9 two-bedroom units similar to 2/40 Raffles St, have been sold.

This represents a 53% increase in two-bedroom units sales when compared to the previous 12 months.

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