OFF MARKET

651 Mains Road
Macgregor QLD 4109

Bedrooms: 6
Bathrooms: 4
Car spaces: 2
Floor area: 178m2
Land area: 728m2
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Property Details for 651 Mains Rd, Macgregor

651 Mains Rd, Macgregor is a 6 bedroom, 4 bathroom House with 2 parking spaces and was built in 1985. The property has a land size of 728m2 and floor size of 178m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
House
Year Built
1985
Floor Size
178m2
Land Size
728m2
Local Government
Brisbane
Lot/Plan
12/RP106790

Last Listing description (January 2022)

This massive 1,456sqm block is a developer's dream come true! Development opportunity for medium density residential zoning so you can build up to 5 storeys, This prime property has unbeatable potential, with Sunnybank Plaza, Westfield Garden City, and Griffith University all in easy access. You can't afford to ignore this outstanding opportunity.

You could even just rent out the houses on both 651 and 653 Mains Road as investments for an excellent income; it's all possible. With a sprawling 48.6m frontage across these two blocks, exposure along a popular main road, and easy access to the M3 Motorway, this is the ideal place to start a new home business! There's just so much you can do here.

Investors will also no doubt appreciate the prime location appeal of this property. On an elevated position along Mains Road, this property is also just minutes from the Brisbane CBD, with frequent city 130 and 140 buses stopping nearby, and the Queensland Sports and Athletics Centre just a short walk away.

Blocks of this size and position are becoming increasingly rare, and with so much potential, you'll have to move fast to make it yours.

We are committed to the health and safety of our customers and staff, and their families. There can be a maximum of 30 people in the premises at any time whilst adhering to all social distancing (2m2 apart for spaces less that 200m2 and 4m2 apart for spaces more than 200m2) and strict hygiene requirements. Please also ensure that you follow social distancing measures and keep 1.5m away from each other.

All information contained herein is gathered from sources we consider to be reliable. However we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.

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Property History for 651 Mains Rd, Macgregor, QLD 4109

A timeline of how this property has performed in the market
Last Sold
$900,000
09 Oct 2021
  • 18 Jan 2022
    Listed for Sale Sold
  • 09 Oct 2021
    Sold for $900,000
  • 07 May 2020
    Listed for Sale Under Contract
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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 2,272 properties. Over the last 5 years, Houses in Macgregor have seen a 76.37% increase in median value, while Units have seen a 37.55% increase. As at 31 October 2024:

  • The median value for Houses in Macgregor is $1,299,001 while the median value for Units is $623,277.
  • Houses have a median rent of $683 while Units have a median rent of $545.
There are currently 22 properties listed for sale, and 14 properties listed for rent in Macgregor on OnTheHouse. According to CoreLogic's data, 72 properties were sold in the past 12 months in Macgregor.

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