Buy a property
Sell your property
Find your local agent

Opportunity knocks

Here for your property journey

News and market insights

Property experts since 1902

Browse

Terms

Sold

101-105 Mount Gravatt Capalaba Road,
Upper Mount Gravatt 4122, Queensland

1,376m² land size
Land

$2,750,000

Property details

High Density Residential Development Site - 12km to Brisbane CBD

• Development & Build Approval for 53 Units (Lapsed 2024)
• 31.65m Street frontage to Mt Gravatt-Capalaba Rd
• 1376m2 Site area

This property is strategically located in the thriving and highly sought-after suburb of Upper Mount Gravatt, just 12 km southeast of Brisbane's CBD. It benefits from a prominent position, being only 800 meters from Garden City Shopping Centre and the Southeast Busway, with top-quality educational facilities within 1 km and excellent motorway connectivity.

Located in the High Density Residential zone this property allows for a unit complex to be built up to 8 levels. The current owners of the property had Development Approval & Building approval which recently lapsed to build 53 Units made up of 9 one-bedroom units and 44 two-bedroom units.

For developers, this site presents a compelling opportunity. The median price of units in Upper Mount Gravatt has surged by an impressive 17.7% over the past year alone, underscoring the strong demand and growth potential in the area. This trend highlights the site's potential for a lucrative development project, making it an exceptional investment for a new unit complex.

You have the flexibility to leverage the extensive information, approvals, and due diligence that the current owners have meticulously prepared as a solid foundation for your development project. Alternatively, you can choose to start anew and chart your own project direction, tailoring the development to your specific vision and objective.

Seize a remarkable development opportunity located just 15 kilometers from the central Olympic venues of the 2032 Games. This site offers a strategic advantage for developers poised to leverage the global attention and growth anticipated for the area.

The exceptional connectivity to premier public transport networks and proximity to a dynamic retail environment-teeming with employment prospects-make it an ideal candidate also for affordable housing initiatives. Position yourself at the forefront of this high-potential market and capitalize on this unparalleled opportunity.

Key Amenities and Distances:
• Garden City: 800 meters
• Club Southside: 350 meters
• Southeast Busway (Garden City): 800 meters
• Up and Mount Gravatt State School: 800 meters
• University of Queensland Nathan Campus: 3.2 kilometers
• Mount Gravatt State School: 2.9 kilometers
• Wynnum State School: 1.4 kilometers
• McGregor High School: 1.8 kilometers
• Clairvaux MacKillop College: 1.3 kilometers
• Dining options can be found within 200 meters of the property.

Explore the area

School catchments

  • St John of Kronstadt Academy Primary Prep-4 Independent 0.34km
  • Upper Mount Gravatt State School Primary Prep-6 Government 0.62km
  • St Bernard's School Primary Prep-6 Catholic 0.80km
  • St Catherine's Catholic Primary School Primary Prep-6 Catholic 1.0km
  • Wishart State School Primary Prep-6 Government 1.3km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.

Back to top