FOR SALE
FIRST TIME OFFERED TO MARKET

4 Mascar Street
Upper Mount Gravatt QLD 4122

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 627m2
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Auction Time
Sat 6 Jul 10:30 am
Inspection Times
No upcoming inspections scheduled.
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FIRST TIME OFFERED TO MARKET

A VERY SPECIAL OPPORTUNITY IS ON OFFER HERE AT 4 MASCAR STREET, NEVER SOLD BEFORE THIS HOME IS ON THE MARKET FOR THE VERY FIRST TIME.
THIS PROPERTY IS OFFERED FOR SALE ON OR BEFORE AUCTION, THE 6TH OF JULY!*
Auction via In-Room and Online - 06/07/2024 @ 10:30am, if not sold prior
Auction Location - Mansfield State High School on cnr Broadwater & Ham Roads, Mansfield
Registrations start from 10:00am
(Phone & Online Registrations must be complete by 12:00pm 05/07/2024)
This little cutie ticks all the boxes and more and will attract investors ready to grab the chance and landbank this 627sqm block for future redevelopment, or, for keen renovators to swoop in and restyle this mid-50's beauty. This house is currently tenanted (lease ending November 2024).
The land site holds a prime corner position on Tryon and Mascar Streets where the zoning is set to permit high density residential for strata-apartment buildings up to 8 storeys. Neighbouring blocks have been developed successfully with apartment complexes in recent years. Located just a few minutes from Westfield Garden City, a stroll to Coles Plaza and Palmwoods Centre, it has superb connectivity and convenience. Is close to significant employment hubs, excellent transport access and great schools. Oh and it's only 25 minutes into the CBD!
The land is approximately 45m depth with over 15m frontage on Mascar Street, with the back of the block tucked in behind two allotments facing Tryon Street. (And, you just never know, those owners might be keen to sell too, which would expand the development potential even further). Of course, another option for home builders or developers is to knock down the existing dwelling and rebuild a large-scale two storey home, or a duplex sharing one title. There's lots of options to consider here.
For those that love retro renos, you may wish to complete the revamp of this well-preserved original house which has so many endearing features. In addition, it could easily be extended into the back garden to provide additional living space, or another bathroom. The other big benefit is the large independent garage which connects via a covered patio area. Suitable for two cars plus plenty of room for equipment storage or trailer, this space could convert into a granny flat to be rented out without much effort or budget.
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Property Details for 4 Mascar St, Upper Mount Gravatt

4 Mascar St, Upper Mount Gravatt is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 627m2. The place is currently for sale with Ray White Mt Gravatt.

Building Type
House
Land Size
627m2

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About Upper Mount Gravatt 4122

The size of Upper Mount Gravatt is approximately 4.3 square kilometres. It has 11 parks covering nearly 5.9% of total area. The population of Upper Mount Gravatt in 2011 was 8,852 people. By 2016 the population was 9,227 showing a population growth of 4.2% in the area during that time. The predominant age group in Upper Mount Gravatt is 20-29 years. Households in Upper Mount Gravatt are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Upper Mount Gravatt work in a professional occupation. In 2011, 59.9% of the homes in Upper Mount Gravatt were owner-occupied compared with 56.2% in 2016.

Upper Mount Gravatt has 5,462 properties.

    There are currently 48 properties listed for sale, and 30 properties listed for rent in Upper mount gravatt on OnTheHouse. According to CoreLogic's data, 223 properties were sold in the past 12 months in Upper mount gravatt.

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    Morgan Tickner
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    Ray White Mt Gravatt
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