LJH Commercial are pleased to present 30/50 Sanders Street, Upper Mount Gravatt, QLD to the market for immediate sale. This property presents opportunity for both the investor and owner occupier with short term tenancy currently in place.
* 195sqm Internal building area, plus 24sqm exclusive use balcony area. 2 Separate balconies.
PRICE: Contact Agent
BUILDING AREA: 195sqm
LOCATION
Upper Mount Gravatt is 10km from 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.
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 5,447 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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