Back 4 Fairland Street
Off Market

4 Fairland Street

Mount Gravatt East QLD 4122

3
1
2
0 m²
620 m²
House
Last sold for $860,000
Adam ScottAdam Scott, last sold this property on 03 August 2022 after 72 days on market.

Overview

Cracking opportunity in Mansfield Catchment!

Auction Location: Onsite & Online After nearly 50 years the owner of this property is moving on! Well-positioned in this tightly held and centrally located pocket of Mount Gravatt East sits this neat and tidy single-level timber postwar home is a great opportunity. An ideal first home for entry level buyers, investors, and downsizers alike this is a great opportunity not to be missed. Or for those looking to build, a knockdown here would reveal a flat 620m2 block with 33m frontage that might even be possible for small lot code sub-division (STCA). Situated in this quiet, family friendly pocket yet so conveniently located, this spacious lowset layout would be perfect with an internal facelift to bring it up to modern styling. It features a large merbau deck at the rear which is prefect for entertaining and could be further enhanced with bifolds or servery to the kitchen/dining. With 620m2 of prime real estate, there is plenty of yard space surrounding the home. Situated within Mansfield State High and Mount Gravatt East State catchments. Potential rental return for between $500pw to $550pw, there is a perfect option for the buyer to put their own touch on this home or for an investor to do a quick touch up and re-let at a higher weekly rent. Features at a glance: • Well maintained, neat and tidy • Large usable back yard space on 620m2 • 2 car lock up remote garage plus workshop • Mansfield State High School Catchment • Kitchen renovated circa 20 years ago • Polished Timber floors • Large Merbau Timber Deck for Entertaining • Possible Small Lot Code Sub-Division (STCA) Only a short 300m walk to Mount Gravatt Plaza and 500m to Mount Gravatt Central. With a plethora of bus routes within short walking distance you won't find a more conveniently located property only 8km from Brisbane CBD. *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. https://www.reval.com.au/4-fairland-street-mount-gravatt-east-qld-4122

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
0 m² floor area
620 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Mount Gravatt East over the last 12 months, the estimated median property value of 4 Fairland Street is $1.33m.

Median value
$1.33m
Estimated value range
$960k - $2.15m
Median days on market
18
Estimated value trend
16%
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 4 Fairland Street

2022
Sold
$860,000
Private Sale/Treaty on 03 Aug 2022 by Adam Scott, of Reval Estate Agents

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 3 bedroom houses in Mount Gravatt East

In the last 12 months, 57 three-bedroom houses similar to 4 Fairland Street, have been sold.

This represents a 25% increase in three-bedroom houses sales when compared to the previous 12 months.

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