40 Lauder Street, Mount Gravatt East QLD 4122

SOLD AT OUR IN-ROOM AUCTIONS WITH FIVE REGISTERED BIDDERS!

Auction via In-Room and Online - 27/10/2022 from 6:00pm, if not sold prior.
Auction Location - Mt Gravatt Bowls Club, 1873 Logan Rd, Upper Mount Gravatt
Registrations start from 5:30pm
(Phone & Online Registrations must be completed by 3:00pm on Auction Day)

Don't miss the perfect investor opportunity to own this well maintained block of 4 Units sitting on 764m2 in the heart of Mt Gravatt East less than 10km from the CBD. Property comprises four x two bedroom apartments with well presented kitchens/bathrooms. Returning approximately $59,280 gross income per annum. This is the ideal investment for astute investors, self-managed super funds and retirees looking for a great return, low maintenance and excellent capital growth.

Each apartment has been kept up to date and consists of a large living/dining area. Adjoining the living/dining area is the simple yet functional kitchen upright stove/oven and ample cupboard space. All four apartments offer good sized bedrooms with well maintained bathrooms.

MAKE NO MISTAKE THE OPPORTUNITY TO BUY A HIGH YIELDING INVESTMENT WITH MEDIUM DENSITY ZONING IS RARE BUT THE CURRENT OWNER MUST SELL ON OR BEFORE THE 27/10/2022

Property Summary - Four spacious, 2 bedroom, 1 bathroom, 1 car space units
• Unit 1 - $290/week to 15/09/2023
• Unit 2 - $275/week to 22/09/2023
• Unit 3 - $295/week to 10/03/2023
• Unit 4 - $280/week to 13/01/2023

• Individual laundry facilities
• Three secure car spaces
• Level 764m2 block
• Mt Gravatt State School Catchment (1km walk*)
• Mt Gravatt State High School Catchment (1km walk*)
• 1.9km walk/drive to Mt Gravatt TAFE, or take the BCC bus
• Griffith University Mt Gravatt campus (<3km) and Nathan campus (4.3km)
• 350m walk* to Mt Gravatt Central
• 3.3km* to Westfield Garden City Shopping Centre
• 5.6km* to Westfield Carindale Shopping Centre
• 10.3km* to Brisbane City
* approximately

Mount Gravatt East is a popular suburb on the Southside of Brisbane located just 8km Southeast of Brisbane CBD. With easy access to the M1, Gateway Motorway and CBD, and in close proximity to public transport facilities including the Southeast Busway; Griffith University, local schools and shopping precincts including the recently upgraded Westfield Carindale and Westfield Garden City.

Convenient for city commuters with the dedicated Brisbane City Council Busway which provides speedy public transport access to the CBD! For drivers, the commute to the city is a breezy 15-minute drive. As well as being ideally located to the holiday destinations? of the Gold & Sunshine Coasts.

Local Schools in the area include Mount Gravatt State School, Mt Gravatt East State School, Mt Gravatt State High School & is closely located to Seton College and St Agnes Catholic Primary School. For further study opportunities Lauder St is also closely located to Griffith University (Both campuses) & Mt Gravatt East TAFE.