BUY ONE OR BUY BOTH! PRIME DUAL-LOT OPPORTUNITY - 972m²

BLUE-CHIP UPPER MT GRAVATT

Positioned in one of Brisbane's most tightly held and rapidly evolving pockets, 42 & 40 Archer Street, Upper Mount Gravatt present a rare chance to secure two adjoining properties offered together or separately with a clear upside for developers, land-bankers, and strategic buyers.

Combined, the site offers 972m² of premium land in a high-demand growth corridor. Each block is 486m², sitting side by side to create a clean, highly usable parcel something that's becoming increasingly difficult to find in this area.
Opportunities like this, where neighbouring properties align at the same time, are extremely rare. While both can be purchased individually, the real value is in securing the full site and taking control of the entire 972m².

The existing homes include a 3-bedroom property at 40 Archer Street and a 3-bedroom home at 42 Archer Street. Both are very liveable and rentable as they are, providing the option to generate holding income while future plans are considered.

The location is a major part of the appeal. You're just minutes from Westfield Mt Gravatt, close to The Village Upper Mount Gravatt, and within easy reach of the Brisbane CBD. Mount Gravatt Lookout is nearby, along with a range of well-regarded schools including Wishart State School, Upper Mount Gravatt State School, and Clairvaux MacKillop College. Market Square Sunnybank and its dining precinct are also close by, with convenient access to major roads and transport links.

This is the kind of location that continues to see strong buyer and tenant demand, making it well suited to both development (STCA) and long-term holding.

Most sites like this require time, negotiation, and the challenge of bringing multiple owners together. Here, that work has already been done. Two side-by-side blocks, aligned and ready, in a high-demand suburb offering a straightforward opportunity for those who recognise the upside.

Buy one or secure both. Sellers are open to discussions, but opportunities like this don't come around often.

Disclaimer: All information contained herewith, including but not limited to the general property description, price and the address, is provided to Ray White Springwood & Shailer Park by third parties. We have obtained this information from sources we believe to be reliable; however, we cannot guarantee its accuracy. The information contained herewith should not be relied upon and you should make your own enquiries and seek advice in respect of this property or any property on this website.

Explore the area

School catchments

Upper Mount Gravatt State School Primary Prep-6 Government 0.30km
St Bernard's School Primary Prep-6 Catholic 0.30km
St John of Kronstadt Academy Primary Prep-4 Independent 0.63km
Clairvaux MacKillop College Secondary 7-12 Catholic 0.66km
St Catherine's Catholic Primary School Primary Prep-6 Catholic 0.99km
MacGregor State High School Secondary 7-12 Government 1.4km
Wishart State School Primary Prep-6 Government 1.4km
Brisbane Adventist College Combined Prep-12 Independent 1.9km
Yarranlea Primary School Primary Prep-6 Independent 2.0km
Mount Gravatt State High School Secondary 7-12 Government 2.4km
MacGregor State School Primary Prep-6 Government 2.4km
Mansfield State High School Secondary 7-12 Government 2.6km
Mount Gravatt State School Primary Prep-6 Government 2.6km
Mount Gravatt East State School Primary Prep-6 Government 2.6km
Mansfield State School Primary Prep-6 Government 2.7km
St Agnes School Primary Prep-6 Catholic 2.8km
Robertson State School Primary Prep-6 Government 2.8km
Seton College Secondary Catholic 3.1km
Sunnybank State High School Secondary 7-12 Government 3.3km
Queensland Pathways State College - Mt Gravatt Campus Secondary Government 3.3km
Seville Road State School Primary Prep-6 Government 3.4km
Holland Park State High School Secondary 7-12 Government 3.5km
Our Lady of Lourdes Primary School Primary Prep-6 Catholic 3.6km
Citipointe Christian College Combined Prep-12 Independent 3.8km
St Thomas More College Secondary 7-12 Catholic 3.9km
Runcorn State High School Secondary 7-12 Government 4.2km
Brisbane Christian College Combined Prep-12 Independent 4.3km
Cavendish Road State High School Secondary 7-12 Government 4.3km
Rochedale State High School Secondary 7-12 Government 4.5km

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.