Being sold along with 32 Khandalla Street - a 1,204m2 combined site.
Presenting an exceptional landholding opportunity in one of Upper Mount Gravatt's most strategic growth corridors. Offering immediate dual-income flexibility and positioned within HDR1 High Density Residential zoning (up to 8 storeys), this is a rare chance to secure both cashflow and future development potential in one decisive move.
Features at a Glance:
1. HDR1 High Density Residential zoning - up to 8 storeys (STCA).
2. Wide combined property frontage of approximately 32.2 metres.
3. Four self-contained ensuite bedrooms with individual kitchenettes.
4. Flexible layout ideal for room-by-room rental income immediately.
Set on 592m2 block with a 15.9m frontage, 30 Khandalla Street presents as a highly adaptable income-producing residence. Each of the four bedrooms includes its own private ensuite and kitchenette, creating a configuration perfectly suited to individual leasing. Whether targeting student accommodation, shared living arrangements, or holding for future uplift, the current layout supports strong rental flexibility.
The home is lowset brick veneer with a tiled roof and offers split system air conditioning. Internally, the configuration is practical and low-maintenance, while externally the property includes a rear patio area and a shed. A single driveway car space services the home.
The real opportunity, however, lies beyond the existing dwelling.
This property will be sold together with 32 Khandalla Street, which offers a 3-bedroom, 1-bathroom, 1-car configuration on a 612m2 block. Together, the two sites create a substantial 1,204m2 landholding with approximately 32.2 metres of combined frontage.
Positioned within HDR1 High Density Residential zoning, the site supports development of up to 8 storeys (STCA), placing it firmly within Upper Mount Gravatt's evolving urban landscape. With continued infrastructure growth and demand for higher-density living near major retail and transport hubs, this location represents strategic long-term positioning.
Adding to its appeal, the property is within walking distance to Westfield Garden City, major bus interchange routes, and key arterial connections, reinforcing both tenant demand today and development viability into the future.
Opportunities to secure over 1,200m2 in HDR1 zoning within this tightly held pocket are exceptionally rare. Whether you are a developer seeking your next project, an investor land-banking for future uplift, or a buyer wanting income while planning ahead - this is a compelling acquisition.
Contact Alex Fan for further information.
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.
Fans Real Estate Pty Ltd with Sunnybank Districts P/L T/A LJ Hooker Property Partners
ABN 74 512 885 661 / 21 107 068 020
