Back 53 Raffles Street
Off Market

53 Raffles Street

Mount Gravatt East QLD 4122

2
1
3
195 m²
615 m²
House
Last sold for $1,165,000
Mike HoMike Ho, last sold this property on 20 June 2025 after 17 days on market.

Overview

Rare Corner Block on 615sqm - Exceptional Development Potential (STCA)

SOLD BY MIKE HO @ RAYWHITE SUNNYBANK HILLS Presenting a rare opportunity to secure a prominent corner block at 53 Raffles Street, also known as 62 Creek Road, Mount Gravatt East. This elevated 615m² allotment boasts an expansive 58.9m frontage across two streets, offering exceptional development potential (STCA) under its Medium Density Residential zoning. Whether you're considering a multi-dwelling development, land banking, or creating your dream home, this property provides the flexibility and location to make it a reality. Why This Property Stands Out: • Corner block with wide 58.9m total frontage across two streets • Zoned Medium Density Residential (MDR) - explore townhouse development or subdivision (subject to council approval, STCA) • Dual access points with great street exposure - ideal for future multi-dwelling design (STCA) • Move-in ready, renovate, or land bank - this one works from every angle Property Features: • Stylishly renovated bathroom + separate powder room • Spacious front porch perfect for relaxing or entertaining • Generous under-house storage, laundry, and bonus multipurpose room • Ceiling fans for year-round comfort • Secure car accommodation • Elevated position offering privacy, breezes, and potential city outlooks (with height) Lifestyle & Location Highlights: • In the catchment for Mount Gravatt State School & Mount Gravatt State High School • Walk to Mount Gravatt Plaza, SCURRS Health & Wellness Centre, and Mount Gravatt Central • Convenient access to express CBD bus routes and Garden City Interchange • 5 minutes to Mount Gravatt Homemaker Centre • 8 minutes to Westfield Garden City • Close to Griffith University, Mount Gravatt TAFE, childcare centres, and local parks • Quick access to Pacific & Gateway Motorways - effortless travel in all directions Future Potential - Subject to Council Approval (STCA): • Townhouse or multi-unit development (MDR zoning) • Dual occupancy or subdivision potential • Professional consulting, health, or boutique business options (if permitted) • Or simply hold and watch the capital growth Your Future Starts Here. This is the kind of corner block that excites developers, land-bankers, and lifestyle buyers alike. With zoning flexibility, superb elevation, and central convenience, 53 Raffles Street offers one of the most versatile holdings in Mount Gravatt East. Contact Mike Ho: 0433529221 today to arrange your private inspection and explore all the possibilities this incredible property has to offer. Disclaimer: All development, subdivision, and land use opportunities described are subject to Brisbane City Council approval (STCA). Buyers are strongly advised to conduct their own independent due diligence and seek professional advice regarding planning, legal, financial, and investment matters prior to purchase. The information provided is for general guidance only and does not guarantee approval or specific outcomes. Disclaimer: Due to QLD legislation which prohibits a seller or agent from providing a price guide for auction properties, a price guide isn't available. The website possibly filtered this property into a price range for functionality purposes. Any estimates are not provided by the agent and should not be taken as a price guide. Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspectionorotherwise.

Features

2 bedrooms
1 bathroom
3 carspaces
1 carport space
1 open car space
1 garage space
195 m² floor area
615 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Mount Gravatt East over the last 12 months, the estimated median property value of 53 Raffles Street is $970k.

Median value
$970k
Estimated value range
$734k - $1.18m
Median days on market
20
Estimated value trend
2%
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 53 Raffles Street

2025
Rented
Undisclosed
Leased on 26 Aug 2025 by GiJay Estate Agent
2025
Sold
$1,165,000
20 Jun 2025 by Mike Ho, of Ray White Sunnybank

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 houses in Mount Gravatt East

In the last 12 months, 2 two-bedroom houses similar to 53 Raffles Street, have been sold.

This represents a 58% increase in two-bedroom houses sales when compared to the previous 12 months.

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