153 Mount Gravatt-Capalaba Rd, Upper Mount Gravatt is a 2 bedroom, 2 bathroom House with 3 parking spaces and was built in 1965. The property has a land size of 1855m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom House sold in Upper Mount Gravatt in the last 12 months.
The site is perfectly located in an extremely sought after area and is within 10mins walk to Garden City, 15mins drive to Brisbane CBD, plus close to a multitude of restaurants, cafes, medical centers, bus services (Mount Gravatt busway), motorways, schools, universities and parks.
The site can be used for multiple development opportunities such as being split into 2 lots (STCA) proposed Lot A (952m2) and Lot B (903m2), execute on the existing DA approval for Units and potentially a childcare center (SCTA).
-Development Summary
* 1855m2 DA approved development site for 39 units (mix of 1 and 2 bedrooms)
* Pre-liminary BA completed for unit building
* Potential Childcare site (STCA)
* Potential splitter block (STCA)
* Located in sought after area (walking distance to Garden City)
The owner is motivated and will listen to the market.
Don't miss this opportunity and get in touch today!
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 5,446 properties. Over the last 5 years, Houses in Upper Mount Gravatt have seen a 70.52% increase in median value, while Units have seen a 51.15% increase. As at 31 October 2024:
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