SOLD
Sold on 07 Nov 2024 for $800,000

1/42 Mount Gravatt Capalaba Road
Upper Mount Gravatt QLD 4122

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 180m2
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Property Details for 1/42 Mount Gravatt Capalaba Rd, Upper Mount Gravatt

Building Type
Commercial
Land Size
180m2
Local Government
Brisbane
Lot/Plan
1/SP151830

Last Listing description (April 2020)

* Approx 180sqm combined over two levels
* Open plan ground floor with toilet & kitchenette
* Fully carpeted with glassed offices and fibre optic connection

* Extremely well designed & layout
* Exposure with signage to main road
* Allocated & exclusive parking onsite
* Only minutes stroll to Westfield Garden City and public transport
* Inspect today with Exclusive Agent!

PRICE: $900,000 Plus GST
BUILDING AREA: 180 sqm

Location

Upper Mount Gravatt is 12km south east Brisbane's CBD. It is considered to be one of the closest business centres to Brisbane City. With it's close proximity to the major arterials including the South East Freeway and the M1. The area is well known for its major retail and shopping centres such as Garden City and also surrounded by corporate business offices. Many companies have moved from the City to Upper Mount Gravatt for its convenience and access-friendly for both clients and staff. The area is currently experiencing further expansion with the new shopping complex and some new office developments due to demand.

Property History for 1/42 Mount Gravatt Capalaba Rd, Upper Mount Gravatt, QLD 4122

A timeline of how this property has performed in the market
Last Sold
$800,000
07 Nov 2024
  • 07 Nov 2024
    Sold for $800,000
  • 25 Jun 2020
    Sold
  • 14 May 2020
    Sold for $800,000
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About Upper Mount Gravatt 4122

The size of Upper Mount Gravatt is approximately 4.3 square kilometres. It has 11 parks covering nearly 5.9% of total area. The population of Upper Mount Gravatt in 2011 was 8,852 people. By 2016 the population was 9,227 showing a population growth of 4.2% in the area during that time. The predominant age group in Upper Mount Gravatt is 20-29 years. Households in Upper Mount Gravatt are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Upper Mount Gravatt work in a professional occupation. In 2011, 59.9% of the homes in Upper Mount Gravatt were owner-occupied compared with 56.2% in 2016.

Upper Mount Gravatt has 5,461 properties. Over the last 5 years, Houses in Upper Mount Gravatt have seen a 76.02% increase in median value, while Units have seen a 43.51% increase. As at 30 November 2024:

  • The median value for Houses in Upper Mount Gravatt is $1,104,993 while the median value for Units is $608,686.
  • Houses have a median rent of $630 while Units have a median rent of $635.
There are currently 29 properties listed for sale, and 23 properties listed for rent in Upper mount gravatt on OnTheHouse. According to CoreLogic's data, 238 properties were sold in the past 12 months in Upper mount gravatt.

Suburb Insights for Upper Mount Gravatt 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.