FOR SALE
DEVELOPMENT OPPORTUNITY!! 1,000,000 Offers Over

110 Newnham Road
Mount Gravatt East QLD 4122

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 817m2
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Shout Out To All Developers, Land Bankers, Investors and Owner Occupiers "Mansfield Catchment" Rare As Hens Teeth!!

This property is a "Diamond in the Rough" and has the potential to be subdivided (STCA) or renovated, the opportunities are endless.
Rent out the existing property whilst obtaining all your approvals, such a rare opportunity.
Alternatively run your business from home, great frontage and easy access to arterial roads.
Purchase to live within Mansfield State High School Catchment and Land Bank for future development.
Investors!, Rent and reap the rewards. This property is in need of some love, so bring your tool bag!!
Property Features at a glance:
- 23.8m wide frontage over 35m depth
- 817m2 block
- Comfortable 3-bedroom, 1 bathroom, plus study/utility room
- Open plan living
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Property Details for 110 Newnham Rd, Mount Gravatt East

110 Newnham Rd, Mount Gravatt East is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 817m2. The place is currently for sale with @realty.

Building Type
House
Land Size
817m2

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About Mount Gravatt East 4122

The size of Mount Gravatt East is approximately 4.6 square kilometres. It has 14 parks covering nearly 5.9% of total area. The population of Mount Gravatt East in 2011 was 10,891 people. By 2016 the population was 11,845 showing a population growth of 8.8% in the area during that time. The predominant age group in Mount Gravatt East is 30-39 years. Households in Mount Gravatt East are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Gravatt East work in a professional occupation. In 2011, 61.3% of the homes in Mount Gravatt East were owner-occupied compared with 60.3% in 2016.

Mount Gravatt East has 5,431 properties. Over the last 5 years, Houses in Mount Gravatt East have seen a 71.92% increase in median value, while Units have seen a 78.95% increase. As at 30 September 2024:

  • The median value for Houses in Mount Gravatt East is $1,103,187 while the median value for Units is $720,414.
  • Houses have a median rent of $650 while Units have a median rent of $580.
There are currently 33 properties listed for sale, and 10 properties listed for rent in Mount gravatt east on OnTheHouse. According to CoreLogic's data, 233 properties were sold in the past 12 months in Mount gravatt east.

Suburb Insights for Mount Gravatt East 4122

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Sana Campbell
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@realty
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.