SOLD
Sold on 03 Oct 2023 for $1,000,000

4 Tryon Street
Upper Mount Gravatt QLD 4122

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 71m2
Land area: 602m2
Sold By
Louise Sanderson
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Rod Sorensen
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Property Details for 4 Tryon St, Upper Mount Gravatt

4 Tryon St, Upper Mount Gravatt is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1972. The property has a land size of 602m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom House sold in Upper Mount Gravatt in the last 12 months.

Building Type
House
Year Built
1972
Floor Size
71m2
Land Size
602m2
Local Government
Brisbane
Lot/Plan
27/RP70000

Last Listing description (November 2023)

Discover the potential of this outstanding development property strategically located in the heart of Upper Mount Gravatt. Situated just 500 metres from Westfield Garden City, this parcel of land offers an incredible opportunity for developers, investors and owner occupiers alike.

Key Features:
Land Size: Generous land size of 602 square metres, zone High Density Residential.

Strong Holding Income: Currently, there are 2 x 2-bedroom units on the property, generating a steady rental income of $680 per week. This offers a fantastic opportunity to earn income while planning your development. Generous floor plans could suit renovation and reconfiguring to maximise return.
Owner Occupiers: Rare opportunity to live in one unit, while renting out the other to supplement your mortgage payments.
Zoning Potential: The property has the possibility of being zoned for an 8 storey residential apartment building (subject to BCC approval), if combined with an adjoining parcel.
Prime Location: Conveniently located just 500 metres from Westfield Garden City, residents will have easy access to an array of shopping, dining, professional services and entertainment options.

Don't miss out on this exceptional opportunity to shape the future of this sought-after area. Whether you're an experienced developer or an astute investor, this property has all the key ingredients for success.

Contact us today to secure your chance to own this remarkable development property at 4 Tryon St, Upper Mount Gravatt. Act now and reap the rewards of this prime location and high growth potential.

For further information please contact Louise Sanderson, 0499 088 515.

Property History for 4 Tryon St, Upper Mount Gravatt, QLD 4122

A timeline of how this property has performed in the market
Last Sold
$1,000,000
03 Oct 2023
Listed for Rent
$310/w
25 Aug 2020
  • 03 Oct 2023
    Sold for $1,000,000
  • 24 Jul 2023
    Listed for Sale All offers over $1,000,000
  • 24 Aug 2020
    Listed for Rent - Price not available
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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.

    There are currently 41 properties listed for sale, and 30 properties listed for rent in Upper mount gravatt on OnTheHouse. According to CoreLogic's data, 231 properties were sold in the past 12 months in Upper mount gravatt.

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    Contact agent
    Louise Sanderson
    Show contact details
    Rod Sorensen
    Show contact details
    Bill Hooper Real Estate
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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.