48 Mascar Street,
Upper Mount Gravatt 4122, Queensland

MAKE NO MISTAKE AFTER A HUGE CHANGE IN CIRCUMSTANCES THE CURRENT VENDORS HAVE MADE THE DIFFICULT DECISION TO SELL! THIS RARE SITE MUST BE SOLD. ACT FAST THIS IS AN OUTSTANDING OPPORTUNITY TO SECURE A HIGH YIELDING ASSET WITH GUARANTEED CAPITAL GROWTH THANKS TO THE MDR ZONING. JUST 5 MINUTE WALKING DISTANCE FROM WESTFIELD GARDEN CITY!

Auction via In-Room and Online: 07/12/2024 from 10:30am, if not sold prior
Auction Location: Ray White Mt Gravatt Auction Room | 1450 Logan Road, Mount Gravatt
Registrations start from 10:00am
(Phone & Online Registrations must be complete by 5:00pm the day before the Auction)

With the Brisbane Olympics around the corner this prime development site, only 2 km to the Nissan Arena, 200m from the new Tyron Plaza & 400m away from Garden City this will not last. Set across 2 titles on a 1249m2 block in a medium density street of Upper Mount Gravatt, this property would suit all buyers including astute investors looking to begin or extend their portfolio. Situated within 400m to Garden City, this immaculate block with 2 tidy rentalable homes is now ready for a new owner to reap the rewards that is assured with this highly sought-after position. Current combined rental is currently $1280/week.

MAKE NO MISTAKE, THE CHANCE TO BUY A LEVEL 1249M2 BLOCK WITH MEDIUM DENSITY ZONING DOES NOT COME AROUND EVERY DAY - 400M TOO GARDEN CITY - 200M TOO THE NEW TRYON PLAZA -THIS PROPERTY MUST BE SOLD - ACT FAST.

House 1 - 46 Mascar Street:
Occupying a 642m2 block, this neat and tidy 4 bed 2 bath 2 car dual living home is currently rented at $630/week. The interior boasts a light filled, open plan living space. The spacious lounge/dining is serviced by a well presented recently updated large kitchen. The 4 upstairs bedrooms feature built-in robes and are serviced by the centrally located bathroom. Downstairs offers multiple "multi purpose" rooms along with a separate downstairs kitchen. The property also offers a HUGE sparkling inground pool perfect for the hot QLD summers and perfect to maximise rental return.

House 2 - 48 Mascar Street:
Occupying a 607m2 block, this well presented 5 bed 2 bath 2 car tri level home is currently rented at $650/week. The interior boasts a light filled, open plan living space. The spacious lounge/dining is serviced by a well presented large kitchen. The 4 upstairs bedrooms feature built-in robes and are serviced by the centrally located bathroom. Downstairs offers the largest bedroom which has direct access to the back yard. The property also offers a sparkling inground pool perfect for the hot QLD summers and perfect to maximise rental return.


These sites are sought after so act now to secure this ideal investment opportunity.

Summary of Features:
• Medium density zoning (up to 5 stories)
• 1249m2 block on a quiet street
• Two tidy rentable homes with great rental incomes & long leases
• 760m to Upper Mount Gravatt State School catchment
• 1.4km to MacGregor State High School Catchment
• 400m to Westfield Garden City
• 200m to Tryon Plaza
• 2km to The Nissan Arena
• 13 km to Brisbane City
• 100m to public transport

MORE INFORMATION AVAILABLE - PLEASE CONTACT SAM IF YOU WOULD LIKE THIS SENT TO YOU

* subject to reserve price

PARKING FOR OUR IN-ROOM AUCTIONS:
• Anytime Fitness carpark (entrance via Bothwell Street) provides 2-hour parking and pedestrian laneway shortcut up to Logan Road
• Central Fair Shopping Centre (entrance via Creek Road, after the bus stop)
• Side streets such as Bothwell Street, Selborne Street, Gowrie Street etc

For all your home loan needs please get in touch with Christine at Loan Market!
p: 0401 175 490
e: christine.junidar@loanmarket.com.au
w: http://www.loanmarket.com.au/christine-junidar

This property is being sold by auction or without a price and therefore a price guide cannot be provided. This website may have filtered the property into a price bracket for website functionality purposes. Whilst every effort has been made to ensure the accuracy of information contained about this property, it does not constitute any warranty or representation by the vendor or agent. All information contained herein is gathered from sources we consider to be reliable. All interested parties must solely rely on their own inspections, enquiries and searches with all relevant authorities.