OFF MARKET

16/3 Lindwall Street
Upper Mount Gravatt QLD 4122

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 124m2
Land area: 129m2
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Property Details for 16/3 Lindwall St, Upper Mount Gravatt

16/3 Lindwall St, Upper Mount Gravatt is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2007. The property has a land size of 129m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
Unit
Year Built
2007
Floor Size
124m2
Land Size
129m2
Local Government
Brisbane
Lot/Plan
16/SP199942

Last Listing description (June 2023)

This is a superb opportunity to grow your property portfolio and acquire a highly sought-after apartment that offers solid returns to your pocket.

Walking distance to Westfield Garden City with a major bus transfer station. Coles Village and the local business district are within walking distance from the door. Nearby you can access state and private schools, gyms, cinemas, parks and sports clubs for entertainment.
Only 4 levels of this permanent building provide residents with good security with basement parking stair access and intercom entry at the main doors into the foyer.

Stylish interiors include easy to upkeep tiles and carpets throughout the generous layout which includes:

- Tidy and spacious living area and combined dining space which has lovely natural light and airflow for relaxed living and comfortable indoor entertainment. Also features split system air conditioning.
- Private alfresco patio for fresh air and outdoor enjoyment.
- Top-quality finish to cabinetry and appliances in the trendy kitchen which includes a breakfast bar area for casual seating and plenty of storage.
- Two bedrooms both with mirrored built-in wardrobes, main with spacious ensuite
- Modern central bathroom with a large shower
- Separate laundry cupboard with dryer wall-mounted.
- Security Storage in the basement.
-Spacious office area
- Two secure car parks

The building features an in-ground pool with an adjoining patio with a BBQ facility, sauna and lawn area for exclusive use by residents and guests use. With no lift to hike up the BC levies, this keeps overall costs down and increases income to owner investors. Current quarterly levies for Body Corporate are $1,178. For the investor, the estimated rental return is $460-$480 per week
Excellent infrastructure:
* 3 minutes walk to St Bernard's Catholic School
* 3 minutes walk to Universities and Express City buses
* 4 minutes walk to Upper Mount Gravatt State Primary School CATCHMENT
* 4 minutes walk to shopping strip featuring boutique stores, Coles Supermarket, cafes and restaurants
* 6 minutes walk to Clairvaux MacKillop College
* 10 minutes walk to Westfield's Garden City Shopping Centre and Garden City Bus Station/Busway (SOON WILL ALSO BE BRISBANE METRO TRAM or TRAIN)
* 15 minutes walk to MacGregor State High School CATCHMENT
* 2.5km walk to Mount Gravatt LOOKOUT
* 3km walk to Griffith University, Mount Gravatt Campus
* 3km walk to Griffith University, Nathan Campus
* 12 minutes drive to the Brisbane City (CBD)
(All distances are approximate)

Property History for 16/3 Lindwall St, Upper Mount Gravatt, QLD 4122

A timeline of how this property has performed in the market
Last Sold
$481,000
01 Jun 2022
Listed for Rent
08 Jan 2020
  • 04 Jun 2023
    Listed for Sale Under contract
  • 01 Jun 2022
    Sold for $481,000
  • 13 May 2022
    Listed for Sale Under contract
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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 5,463 properties. Over the last 5 years, Houses in Upper Mount Gravatt have seen a 78.95% increase in median value, while Units have seen a 69.46% increase. As at 31 July 2024:

  • The median value for Houses in Upper Mount Gravatt is $1,082,212 while the median value for Units is $619,520.
  • Houses have a median rent of $610 while Units have a median rent of $620.
There are currently 38 properties listed for sale, and 22 properties listed for rent in Upper mount gravatt on OnTheHouse. According to CoreLogic's data, 237 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.