House for Sale
- About this property
- Explore Upper Mount Gravatt
Great Investment Opportunity in a Medium-Density ZoneProperty ID 1578943Superb location and opportunity to pick up a great investment property in the highly coveted suburb of Upper Mount Gravatt. This property is only a few minutes to the Pacific Motorway and Gateway Motorway. In addition, minutes to Westfield's Garden City and all the local shops. The potential only grows, as this property is zoned MDR. Being zoned Medium Density allows you to develop an apartment building( up to 5 storeys) or Townhouses after council approval.
You can purchase and hold, or purchase and develop. Previously the property was tenanted under market value at $400 per week, current rental appraisal sits between $425- $445 per week.
KEY DEVELOPMENT ATTRIBUTES
- 607 m2 block size
- Location is Superb( Walking distance to Garden City)
- Easy access to motorways
- Walking distance to public transports
- Zoned MDR
Contact me, Sam Ayass today to find out more and register your interest.
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.