FOR SALE
Liquidation Sale - Must Be Sold!

46 & 48 Mascar Street
Upper Mount Gravatt QLD 4122

Bedrooms: 9
Bathrooms: 4
Car spaces: 4
Land area: 1249m2
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Liquidation Sale - Must Be Sold!

MAKE NO MISTAKE AFTER A HUGE CHANGE IN CIRCUMSTANCES THE CURRENT VENDORS HAVE MADE THE DIFFICULT DECISION TO SELL! THIS RARE SITE MUST BE SOLD. ACT FAST THIS IS AN OUTSTANDING OPPORTUNITY TO SECURE A HIGH YIELDING ASSET WITH GUARANTEED CAPITAL GROWTH THANKS TO THE MDR ZONING. JUST 5 MINUTE WALKING DISTANCE FROM WESTFIELD GARDEN CITY!
Auction via In-Room and Online: 07/12/2024 from 10:30am, if not sold prior
Auction Location: Ray White Mt Gravatt Auction Room | 1450 Logan Road, Mount Gravatt
Registrations start from 10:00am
(Phone & Online Registrations must be complete by 5:00pm the day before the Auction)
With the Brisbane Olympics around the corner this prime development site, only 2 km to the Nissan Arena, 200m from the new Tyron Plaza & 400m away from Garden City this will not last. Set across 2 titles on a 1249m2 block in a medium density street of Upper Mount Gravatt, this property would suit all buyers including astute investors looking to begin or extend their portfolio. Situated within 400m to Garden City, this immaculate block with 2 tidy rentalable homes is now ready for a new owner to reap the rewards that is assured with this highly sought-after position. Current combined rental is currently $1280/week.
MAKE NO MISTAKE, THE CHANCE TO BUY A LEVEL 1249M2 BLOCK WITH MEDIUM DENSITY ZONING DOES NOT COME AROUND EVERY DAY - 400M TOO GARDEN CITY - 200M TOO THE NEW TRYON PLAZA -THIS PROPERTY MUST BE SOLD - ACT FAST.
House 1 - 46 Mascar Street:
Occupying a 642m2 block, this neat and tidy 4 bed 2 bath 2 car dual living home is currently rented at $630/week. The interior boasts a light filled, open plan living space. The spacious lounge/dining is serviced by a well presented recently updated large kitchen. The 4 upstairs bedrooms feature built-in robes and are serviced by the centrally located bathroom. Downstairs offers multiple "multi purpose" rooms along with a separate downstairs kitchen. The property also offers a HUGE sparkling inground pool perfect for the hot QLD summers and perfect to maximise rental return.
House 2 - 48 Mascar Street:
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Property Details for 46 & 48 Mascar St, Upper Mount Gravatt

46 & 48 Mascar St, Upper Mount Gravatt is a 9 bedroom, 4 bathroom House with 4 parking spaces. The property has a land size of 1249m2. The place is currently for sale with Ray White Mt Gravatt.

Building Type
House
Land Size
1249m2

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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 5,445 properties. Over the last 5 years, Houses in Upper Mount Gravatt have seen a 70.52% increase in median value, while Units have seen a 51.15% increase. As at 31 October 2024:

  • The median value for Houses in Upper Mount Gravatt is $1,068,745 while the median value for Units is $617,876.
  • Houses have a median rent of $628 while Units have a median rent of $630.
There are currently 44 properties listed for sale, and 18 properties listed for rent in Upper mount gravatt on OnTheHouse. According to CoreLogic's data, 227 properties were sold in the past 12 months in Upper mount gravatt.

Suburb Insights for Upper Mount Gravatt 4122

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Sam Palmer
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Ray White Mt Gravatt
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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.