OFF MARKET

4 Grout Street
Macgregor QLD 4109

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 124m2
Land area: 612m2
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Property Details for 4 Grout St, Macgregor

4 Grout St, Macgregor is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1965. The property has a land size of 612m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
House
Year Built
1965
Floor Size
124m2
Land Size
612m2
Local Government
Brisbane
Lot/Plan
425/RP105444

Last Listing description (September 2022)

We are excited to present this unique property and versatile opportunity to the market! Ideally suited for investors, owner occupiers and/or commercial developers there are a myriad of options to be explored that would work on this highly convenient and accessible site.

With 35m frontage along Kessels Road, and direct entry from Grout Street, this 612sqm block is situated in the heart of the commercial district of MacGregor and is literally a few minutes' walk from all major retail centres and outlets along this busy main thoroughfare.

This is an excellent option for savvy home business operators seeking fantastic main road exposure for signage with an existing dwelling that can cater to multi-purposes or be reconfigured to work for your home business venture.

STCA potential commercial developers looking for a prime site for development should be quick to inspect too. Being directly opposite Kessels Court Homemaker Centre and under 100m from other major retail outlets on the same side of the road, there's genuine scope for constructing a commercial centre here. Other location highlights include:

Walk to Westfield Garden City
2 minutes to city bus stops
3 minutes to Pacific Motorway
Opposite Kessels Road Homemaker centre
MacGregor State High school catchment

Currently tenanted, the character weatherboard home is an attractive option for project renovators or would suit an investor looking for an ongoing rental. Tenant demand in this region is at an all-time high given proximity to numerous shopping precincts, public transport, Griffith university and QEII and Sunnybank hospitals.

This astute purchase promises long-term growth and the generous block with 35m frontage creates real potential for future development. The home has a huge back yard and a level front garden with driveway and carport facility.

The internals are filled with fun features including hardwood timber floors combined with tall ceiling heights and air conditioning. The tidy two-level layout comprises:

- Downstairs kitchen and dining area with split system air conditioning. The bright and sunny kitchen has a large breakfast bar for high-top seating, two pantry storage cupboards and plenty of cabinetry with space for dishwasher and decent fridge size.
- Spacious dining area for casual and formal meals with access to back yard entertainment patio and lawn.
- Large and breezy lounge room designed for chilled media viewing.
- Adjoining sunroom with tiled floors and French style doors.
- Solid timber stairwell and spacious landing upstairs.
- Three good-size bedrooms all feature the timber floors and have their own air-conditioners. The master has numerous windows creating a light-filled and relaxed space for unwinding.
- Water tank, garden shed and scope for an outdoor area to be set up!

Macgregor is on the rise and this property is bang in the middle of it! With noteworthy developments like the Harvey Norman centre currently under construction, the position has incredible potential. Opposite and adjacent to significant commercial retailers, gyms & activity centres, major furniture stores and Qld Transport plus much more and just 5 minutes' drive from Sunnybank's cultural precinct where you can shop, dine and entertain to your hearts content!

Check out this amazing commercial or development investment opportunity this weekend! Motivated vendor will listen to all offers!

Property History for 4 Grout St, Macgregor, QLD 4109

A timeline of how this property has performed in the market
Last Sold
$1,116,888
25 Jul 2022
Listed for Rent
$345/w
28 Apr 2017
  • 25 Jul 2022
    Sold for $1,116,888
  • 06 Jun 2022
    Listed for Sale UNDER CONTRACT
  • 31 Mar 2017
    Listed for Rent $345 / week
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About Macgregor 4109

The size of Macgregor is approximately 2.7 square kilometres. It has 4 parks covering nearly 15.5% of total area. The population of Macgregor in 2011 was 5,576 people. By 2016 the population was 5,852 showing a population growth of 4.9% in the area during that time. The predominant age group in Macgregor is 20-29 years. Households in Macgregor are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Macgregor work in a professional occupation. In 2011, 69% of the homes in Macgregor were owner-occupied compared with 64.6% in 2016.

Macgregor has 2,283 properties. Over the last 5 years, Houses in Macgregor have seen a 77.67% increase in median value, while Units have seen a 34.97% increase. As at 30 November 2024:

  • The median value for Houses in Macgregor is $1,305,196 while the median value for Units is $618,816.
  • Houses have a median rent of $685 while Units have a median rent of $538.
There are currently 10 properties listed for sale, and 15 properties listed for rent in Macgregor on OnTheHouse. According to CoreLogic's data, 80 properties were sold in the past 12 months in Macgregor.

Suburb Insights for Macgregor 4109

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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.