FOR SALE
Under Contract

35 Margate Street
Mount Gravatt East QLD 4122

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 647m2
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Entry-Level Opportunity with Endless Potential

A perfect entry-level opportunity, this three-bedroom home offers a world of potential in a relaxed leafy setting on 647sqm.
Presenting various options to maintain or transform, you can update the house with a renovation, knock down and rebuild a brand-new home (STCA), or hold as a long-term investment and benefit from future growth.
Neat and tidy with polished hardwood flooring and air-conditioning, the property offers immediate enjoyment and liveability with a functional floor plan.
The living and dining area boasts a bright, airy atmosphere and extends into the open kitchen, featuring ample bench space, stainless steel appliances, and a dishwasher.
Step outside to the covered deck and patio, which showcase a tranquil ambience for peaceful entertaining. Overlooking the lush greenery surrounding the grassy yard, you will love the exceptional space for kids to play and room/access to add a pool (STCA).
Three bedrooms are upstairs with access to the refreshed bathroom. The property also features two-car parking via the garage and carport. Offering additional space and potential, a large storage area is under the house with a laundry, room for a workshop, and scope to raise (STCA).
Additional features:
- Polished hardwood flooring
- Air-conditioned living area and main bedroom
- Security screens and doors throughout
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Property Details for 35 Margate St, Mount Gravatt East

35 Margate St, Mount Gravatt East is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 647m2. The place is currently for sale with TORRES PROPERTY.

Building Type
House
Land Size
647m2

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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 5,428 properties. Over the last 5 years, Houses in Mount Gravatt East have seen a 69.53% increase in median value, while Units have seen a 77.17% increase. As at 31 October 2024:

  • The median value for Houses in Mount Gravatt East is $1,093,486 while the median value for Units is $714,838.
  • Houses have a median rent of $650 while Units have a median rent of $580.
There are currently 34 properties listed for sale, and 10 properties listed for rent in Mount gravatt east on OnTheHouse. According to CoreLogic's data, 239 properties were sold in the past 12 months in Mount gravatt east.

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