23 Raffles StreetMount Gravatt East QLD 4122
Property Details for 23 Raffles St, Mount Gravatt East
23 Raffles St, Mount Gravatt East is a 1 bedroom, 1 bathroom House. The property has a land size of 440m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 1 bedroom House sold in Mount Gravatt East in the last 12 months.
Last Listing description (March 2024)
Rare Entry-Level Gem: Strategic Investment Opportunity.
Whether you're considering a renovation project or a strategic long-term investment, this property offers a rare entry point. Nestled in the elevated Mount Gravatt East, this home presents a unique opportunity for first-time buyers or savvy investors. The quaint residence is well-maintained and provides the flexibility for your personal touch - a simple fresh coat of paint could breathe new life into the space.
The front sunroom or possibly study space extends the living area, seamlessly connecting to the open-plan design that includes a tidy kitchen with a separate dining space. This charming home is situated in a highly convenient location, with downstairs featuring a laundry and ample storage.
The expansive backyard not only offers potential views of Mount Gravatt Mountain but also serves as a canvas for future development. Whether you choose to refurbish the existing structure or explore the option of removal/demolition (subject to Council Approval) for a custom family home, this property promises a fantastic long-term investment.
Key Area Features:
- Short stroll to shops, cafes, and restaurants
- Walking distance to supermarkets (Coles and Woolworths Mall)
- Convenient access to Griffith University campus via a short drive or bus
- Eight-minute drive to a primary school and three-minute drive to a high school
- Easy access to Westfield Garden City via a short drive
- 200m walk to a bus stop and proximity to quality private schools
- 11km to Brisbane CBD
- Prime location in the leafy Mount Gravatt East on an elevated 440m2 parcel of land
- Fast and easy access to Freeway and Gateway Motorway, hospitals, cafes, and shops
- Potential for building multiple stories to capture views of the neighbourhood
This will be the best opportunity in Mount Gravatt East this year!
Call Jess Roser to arrange your inspection today.
Disclaimer:
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes
Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Property History for 23 Raffles St, Mount Gravatt East, QLD 4122
- 21 Feb 2024Sold for $720,000
- 18 Jan 2024Listed for Sale Offers Over $695,000
- 04 Feb 2020Listed for Sale Offers Around $1.9 Million
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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.
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