OFF MARKET

116 Eyre Street
Mount Gravatt East QLD 4122

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 199m2
Land area: 625m2
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Property Details for 116 Eyre St, Mount Gravatt East

116 Eyre St, Mount Gravatt East is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1965. The property has a land size of 625m2 and floor size of 199m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
House
Year Built
1965
Floor Size
199m2
Land Size
625m2
Local Government
Brisbane
Lot/Plan
210/RP84578

Last Listing description (November 2022)

Auction Location: Onsite

Proudly situated at the forefront of the superb 625sm block, behind the picturesque white picket fence, be greeted by the bold, freshly painted white-with-black-trims faade of 116 Eyre Street.

Stepping through the striking front door, into the light infused front sunroom, allowing you to take a moment before entering the relaxed living and dining spaces, which lead effortlessly to the modern servery style kitchen.

Most of your days will be spent entertaining on the expansive rear deck, overlooking the back cabana and lazing decking nooks, while you visualise the lap pool you will soon add as your new summer edition!

Four queen size bedrooms, accompanied by two bathrooms, cater effortlessly to a large family lifestyle.

Currently used as a home office, this space can easily be turned into upstairs laundry with extra linen facilities (plan options available at viewings) or 5th bedroom up.

DUAL LIVING DOWNSTAIRS:

Dual living options are endless here and allow for the growing family or earning added income opportunities:

Downstairs, find large living area with kitchenette, and other sprawling room which could be used as: Teenagers retreat, granny flat, kids' playroom/rumpus or home office.

Extra bathroom and laundry facilities are a bonus along with separate entrance, enabling you to earn a profit from renting out the downstairs area.

Under the house allows for dual garage parking, includes further laundry, and loads of extra storage.

IN A SNAPSHOT:
Open plan living and dining area with cool timber flooring underfoot
Modern kitchen with gas cooking
4 x Bedrooms with ceiling fans
Office space upstairs
2 x Bathrooms
Vast entertaining rear deck area

DOWNSTAIRS:
Rumpus with ceiling fan and air-conditioning
Kitchenette
Teenagers retreat with ceiling fans
Second bathroom with shower and toilet
Internal tiled laundry
Lock-up tandem garage
Plenty of storage space
Second laundry facilities

EXTRA BONUS:
Currently used as a further entertaining area is the outdoor cabana and lazing
decking area, just waiting for the lap pool to drop in.
Fully fenced backyard
Solar power (23 x panels)
newly painted exterior and kitchen
new fans throughout
roof repointed

Some of the highlights of this property is that you have room to move now, and with a few simple enhancements, you can improve the capital growth immediately. Ask us how!

INVESTORS NOTE:
Mount Gravatt East has a capital gain of 31.07% for the past year, which is higher than
average compared to its 55.94% growth within a five-year period.
Labelled the new boom in the Southeast Queensland, it is only 11 km from the
Brisbane CBD
Approximate rental return - $850 to $1050 providing an enviable yield for any astute
investor combination upstairs and downstairs conditional.

LOCATION AND LIFESTYLE:
Situated within the Mt Gravatt State School and Mt Gravatt State High School
Catchments
Short 10-minute walk to Mount Gravatt Tafe.
10-minute drive to either Westfield Garden City or Carindale Shopping Centre and 3
minutes to Mt Gravatt Plaza
Easy access to M1 and Gateway motorway and only 15 minutes to the CBD
Walking distance to bus stops, local shops including the bustling, ever-popular Deli Dakota coffee and sandwich joint.

Finding opportunities like this in such a great location is a rarity.
Seize this opportunity while it lasts.

Disclaimer:
This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Property History for 116 Eyre St, Mount Gravatt East, QLD 4122

A timeline of how this property has performed in the market
Last Sold
$1,025,000
31 Oct 2022
  • 31 Oct 2022
    Sold for $1,025,000
  • 05 Oct 2022
    Listed for Sale AUCTION DAY onsite 12pm
  • 02 Nov 2020
    Sold for $780,000
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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 5,429 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 35 properties listed for sale, and 9 properties listed for rent in Mount gravatt east on OnTheHouse. According to CoreLogic's data, 236 properties were sold in the past 12 months in Mount gravatt east.

Suburb Insights for Mount Gravatt East 4122

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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.