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Back 54 Gordon Parade
Off Market

54 Gordon Parade

Mount Gravatt East QLD 4122

7
3
3
1100 m²
Block of units
Max HadgeliasMax Hadgelias, last sold this property on 17 October 2024 after 21 days on market.

Overview

Huge development potential + Excellent earning capacity - 1100m2!

On an elevated allotment, sprawling 1100m2, this proven investment is located in a growth corridor with strong buyer demand, convenient to amenities and infrastructure. The existing dwellings have demonstrated income potential (currently over $1,200 per week) to return on three separate tenancies with room to improve. If neighbouring allotments are to be observed, consideration may be given to exploring development opportunities (subject to relevant council approvals). * Each individual unit presents a generous floor plan separate lounge room and an original eat-in kitchen. Bedrooms are serviced by a functional bathroom featuring shower over bath. Detached laundries are located behind the dwellings. 1 x 3 bed | 1 bath 2 x 2 bed | 1 bath With scope for further return on investment through capital growth and future development opportunities, this property will attract the attention of developers and astute investors. Located just 8 kilometres from the CBD, conveniently situated within walking distance to the busway on Logan Road. Little Black Pug and Tokyo Teppanyaki Steak House are popular with the locals. Other local highlights include Mount Gravatt Outlook Reserve and Glindemann Park Playground. Within the quality school catchments for Mount Gravatt State School & Mount Gravatt State High School. Within proximity to Griffith University (Nathan Campus). Popular choices for private schools include St Agnes Primary School, Clairvaux MacKillop College, and Citipointe Christian College. Inspect by appointment or contact Max Hadgelias 0411 276 372 for further information or about submitting your interest. **Any reference to development is general in nature and is subject to relevant council approvals. It is the responsibility of prospective buyers to make their own enquiries and seek professional advice prior to engaging in any negotiations. **

Features

7 bedrooms
3 bathrooms
3 carspaces
3 carport spaces
1100 m² lot size
Block of units

Estimated Value

We need at least 3 similar 7 bedroom block of units sold in Mount Gravatt East over the last 12 months.

Property history for 54 Gordon Parade

2024
Sold
Undisclosed
17 Oct 2024 by Max Hadgelias, of Ray White Paddington QLD

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 28 reviews in Mount Gravatt East over the last 12 months.

Local market activity for 7 bedroom block of units in Mount Gravatt East

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Mount Gravatt East

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Zoe Hinton

Sellers who recommend Zoe Hinton have praised them for being local expert, clear communication, well-prepared, responsive, friendly, stress-free process and honest

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Dayne Evans

Dayne Evans is a recommended agent for Mount Gravatt East.  They have 3 local sales and collected 2 local reviews across the last 12 months.

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Andrew Oostenbrink

Sellers who recommend Andrew Oostenbrink have praised them for being clear communication, local expert, great negotiation, responsive, honest, supportive and reliable

  •   4.9   (403 reviews)
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Jag Singh

Jag Singh is a recommended agent for Mount Gravatt East.  They have 2 local sales and collected 2 local reviews across the last 12 months.

  •   5   (19 reviews)
  •  2 Reviews in Mount Gravatt East
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