OFF MARKET

1169 Cavendish Road
Mount Gravatt East QLD 4122

Bedrooms: 4
Bathrooms: 1
Car spaces: 3
Floor area: 102m2
Land area: 635m2
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Property Details for 1169 Cavendish Rd, Mount Gravatt East

1169 Cavendish Rd, Mount Gravatt East is a 4 bedroom, 1 bathroom House with 3 parking spaces and was built in 1960. The property has a land size of 635m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
House
Year Built
1960
Floor Size
102m2
Land Size
635m2
Local Government
Brisbane
Lot/Plan
332/RP83331

Last Listing description (November 2022)

Sold at Auction by The Solomon Michael Team

Offers Prior To Auction Encouraged!

This four-bedroom home, situated on a large 635m2 allotment is an investment opportunity with endless potential. This property is awaiting a savvy investor, renovator to make their mark, or someone looking to build their family home. The home has had a new roof installed in recent years and stairs added on to the side of the home leading to the backyard for pure convenience.

The home currently features an open plan living design from the air-conditioned living room, to the dining room and kitchen. It also features four good-sized bedrooms, all with air conditioning systems throughout. The bathroom has been updated in recent years and does also have a separate powder room added to the home. There is scope for a work from home office space with one of the bedrooms having direct access to the outside of the home.

At the front of the property, there is ample parking space for a minimum of 3 cars quite comfortably. With where the house is positioned on the block, there is ample space to extend the home by way of a deck or adding to make the current home bigger.

The home's current condition has a rental appraisal of $450 - $470 per week, however, the true value of the property lies in the land and location. With the option to do cosmetic renovations throughout the property, you could turn this into an incredible home.

In a highly sought-after suburb, only moments away from Crisp on Creek Fresh Food Market, Bunning Warehouse and a bus stop right out front with a direct route to Brisbane CBD.
Only a few minutes drive to Westfield Carindale & Garden City, TAFE Queensland, and quality schools, public and private, this is an incredible investment opportunity you won't want to miss.

Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.

635m2 block
Huge renovation potential
Highly sought after location
Four generous sized bedrooms
Rental Appraisal of $450 - $470 per week
Ample parking onsite for a minimum of 3 cars
School catchments: Cavendish Road State High School & Mount Gravatt East State School

Property History for 1169 Cavendish Rd, Mount Gravatt East, QLD 4122

A timeline of how this property has performed in the market
Last Sold
$740,000
18 Nov 2021
  • 18 Nov 2021
    Sold for $740,000
  • 29 Oct 2021
    Listed for Sale Sold At Auction by The Solomon Michael Team
  • 07 Apr 2008
    Sold for $369,000
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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.