SOLD
Sold on 28 May 2024 for $710,000

20/29-31 Selborne Street
Mount Gravatt East QLD 4122

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 110m2
Land area: 140m2
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Property Details for 20/29-31 Selborne St, Mount Gravatt East

20/29-31 Selborne St, Mount Gravatt East is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 140m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom Unit sold in Mount Gravatt East in the last 12 months.

Building Type
Unit
Year Built
2016
Floor Size
110m2
Land Size
140m2
Local Government
Brisbane
Lot/Plan
20/SP283746

Last Listing description (July 2024)

Secure a primely positioned stylish three bedroom plus study apartment in a boutique low
maintenance complex situated right in the heart of Mt Gravatt! Currently tenanted and
maintained to a high standard, this modern unit returns a healthy $600 per week. Incoming

owners have the choice to continue renting it out and enjoy the solid income, or the option to move in and reap all the convenience this fantastic location offers.

Just a casual 2-minute stroll to the vibrant Mount Gravatt Central caf district along Logan Road, where you can find delightful restaurants, takeaways, cafes and fitness centres to name a few. From this tranquil, tree-lined street you can jump on a city express bus and arrive at South Bank or town in under 25 minutes! Fancy a hike? Hit Shire Road and keep going up! Soon you'll find yourself on top of the world at the renowned Mt Gravatt lookout, which boasts numerous hiking trails for trailblazers and when it's time to rest, a licenced caf pitstop with a playground and expansive city views.

A fantastic choice for both investors and owner occupiers, this large-scale apartment has a
footprint circa. 110sqm approx of internal living space comprising three good-sized bedrooms, all
with robes, a separate study room complete with built-in desk and a cool 12sqm outdoor
balcony that has mountain views and captures breezes across the region.

The spacious design is a real plus point that gives this apartment an edge above others.
The generous layout includes open plan living and dining space which is bright and
comfortable. It features sleek floor tiling, combined with high ceilings and air conditioning.
Natural light flows from the numerous windows and balcony sliding doors. Sitting central to
the main areas is the functional and smartly designed kitchen. Island bench, white cabinetry
to the bulkhead with soft close cupboards and fitted with stainless steel appliances and
space for a large fridge.
The addition of a dedicated office space is a huge bonus too! Suitable to set up a work from home station, it would also serve for homework or family computer station this area is an essential for every household and allows for extra storage too.

There are two bathrooms, an ensuite off the master which is accessed via a walk-in robe,
and the main shared bathroom which is central to the living and other bedrooms. This also
hosts an adjoining laundry room and a linen closet opposite.
Other features include:
- Large study with built in desks
- Air conditioning throughout
- Carpets to all bedrooms and a/c
- Single assigned carpark in the basement
- Internal laundry facility
- Private complex with intercom entry
- Low body corporate fee structure
- Small building designed for minimal maintenance
- Superb location with walkability to transport & shops
- Close to major shopping centres at Mt Gravatt Plaza

One not to miss! If you are seriously in the market for a super convenient, spaciously
designed with low fees and high growth potential, this is a must to inspect.

- Body Corporate fee is approx. $86.12/week $4478/year
- BCC Rates: $480.95/quarter.
- Leased until 7 April 2025 at $600/week.

Location:
100m to Bus Stop
400m to Mount Gravatt Plaza
500m to Mount Gravatt Lookout
500m to Mount Gravatt State High School
700m to Mount Gravatt State School
600m to the Home Makers Centre
2.5km to Westfield Mount Gravatt
3.0km to Griffith University
2.0km to the Pacific Motorway
7.5km to Brisbane City

Property History for 20/29-31 Selborne St, Mount Gravatt East, QLD 4122

A timeline of how this property has performed in the market
Last Sold
$710,000
28 May 2024
Listed for Rent
$460/w
13 Jul 2018
  • 28 May 2024
    Sold for $710,000
  • 21 May 2024
    Listed for Sale For Sale
  • 12 Aug 2019
    Sold for $455,000
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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 5,454 properties. Over the last 5 years, Houses in Mount Gravatt East have seen a 72.91% increase in median value, while Units have seen a 76.70% increase. As at 31 August 2024:

  • The median value for Houses in Mount Gravatt East is $1,088,244 while the median value for Units is $700,068.
  • Houses have a median rent of $650 while Units have a median rent of $580.
There are currently 47 properties listed for sale, and 16 properties listed for rent in Mount gravatt east on OnTheHouse. According to CoreLogic's data, 245 properties were sold in the past 12 months in Mount gravatt east.

Suburb Insights for Mount Gravatt East 4122

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John Karalis
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Michael Sunderland
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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.