23 Khandalla St, Upper Mount Gravatt is a 4 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 567m2 and floor size of 156m2. While the property is not currently for sale or for rent, it was last sold in May 1996.
OCCUPY/INVEST
Situated in the best location in Upper Mount Gravatt, this home couldn't be any closer to Garden City if you tried. It is only a 5 minute walk to the Garden City Busway! In immaculate condition, you will be proud to call this one home.
Featuring:
* 4 generous size bedrooms
* 2 bathrooms
* Master bedroom with walk in robe and ensuite
* Family meals and living area off the kitchen
* Formal lounge and dining
* Huge modern kitchen with lots of cupboards
* Easily maintained 567m2 block
* Outdoor entertaining area
Owners are keen to sell, so make your offer today! You won't want to miss this one!
DEVELOP/HOLD
This property can also be sold with adjacent blocks with dual access (from Tryon Street and Khandalla Street). Prior DA for a big modern unit or townhouse complex has previously been approved. This is a fantastic opportunity to get into the development market in the very popular Upper Mount Gravatt area. Purchase all six properties or there exists the option to buy separately.
Capitalise on Upper Mt Gravatts rapid rise in apartment values, which experts predict will continue to trend upwards in coming years based on the current economic climate remaining consistent.
This is a huge opportunity for savvy investors, considering there is an expired development application for 75 apartments, across two seven-level residential buildings, attached to the land. Alternatively, the choice is also available to purchases separately to occupy, invest or hold.
This package is the perfect investment for immediate developers or those who want to land bank for the future. Consisting of spacious 500-600m2 blocks, all on their own separate title and each with a house. This is a fantastic investment for all types of investors or occupiers.
Set in a top-location right behind Garden City, this spot is absolutely fantastic for further development. Just 1 minute walk to all the amenities you could imagine, including: the main transit centre with hundreds of buses per day, the massive newly revamped Garden City Westfield, a huge new Asian food court, grocery stores, specialty stores, fashion shops, department stores, restaurants, cinemas and the list goes on!
All properties have their own houses on them at the moment, and they are all separately tenanted. So if you want to wait until a later time to develop, this is the perfect situation because everything is already set up for you.
Shrewd investors and developers this is an opportunity that only comes once in a lifetime. All the stars have been aligned for this one. So get in quick and organise your inspection today.
Theres not much time left to make a move, so get in quick and make your offer today! The competition will be tight with this one because land around this area of Garden City goes really fast.
Khandalla and Tryon Streets are central to Westfield Garden City, two Griffith University campuses, Mt Gravatt TAFE, Sunnybank Private Hospital, Queen Elizabeth II Jubilee Hospital, Sunnybank Plaza, the Pacific and Gateway Motorways, and public transport links.
Contact Drs Paul and Amy Howe today on 0420 680 690 to book your inspection.
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 5,435 properties. Over the last 5 years, Houses in Upper Mount Gravatt have seen a 76.56% increase in median value, while Units have seen a 58.07% increase. As at 30 September 2024:
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