Price Undisclosed

7 Bed  •  3 Bath  •  3 Car  •  1100m²

Main view of Homely block of units listing, 54 Gordon Parade, Mount Gravatt East QLD 4122
Floorplan of Homely block of units listing, 54 Gordon Parade, Mount Gravatt East QLD 4122
Second view of Homely block of units listing, 54 Gordon Parade, Mount Gravatt East QLD 4122
+10

Sold

54 Gordon Parade, Mount Gravatt East QLD 4122

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Price Undisclosed

  • 7
  • 3
  • 3
  • 1100m²

Block of Units Sold on Fri 18 Oct, 2024

What's around Gordon Parade

Block of Units description

“Huge development potential + Excellent earning capacity - 1100m2!”

On an elevated allotment, sprawling 1100m2, this proven investment is located in a growth corridor with strong buyer demand, convenient to amenities and infrastructure. The existing dwellings have demonstrated income potential (currently over $1,200 per week) to return on three separate tenancies with room to improve. If neighbouring allotments are to be observed, consideration may be given to exploring development opportunities (subject to relevant council approvals). *
Each individual unit presents a generous floor plan separate lounge room and an original eat-in kitchen. Bedrooms are serviced by a functional bathroom featuring shower over bath. Detached laundries are located behind the dwellings.

1 x 3 bed | 1 bath
2 x 2 bed | 1 bath

With scope for further return on investment through capital growth and future development opportunities, this property will attract the attention of developers and astute investors.

Located just 8 kilometres from the CBD, conveniently situated within walking distance to the busway on Logan Road. Little Black Pug and Tokyo Teppanyaki Steak House are popular with the locals. Other local highlights include Mount Gravatt Outlook Reserve and Glindemann Park Playground.

Within the quality school catchments for Mount Gravatt State School & Mount Gravatt State High School. Within proximity to Griffith University (Nathan Campus). Popular choices for private schools include St Agnes Primary School, Clairvaux MacKillop College, and Citipointe Christian College.

Inspect by appointment or contact Max Hadgelias 0411 276 372 for further information or about submitting your interest.

**Any reference to development is general in nature and is subject to relevant council approvals. It is the responsibility of prospective buyers to make their own enquiries and seek professional advice prior to engaging in any negotiations. **

Land details

Area: 1100m²

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54 Gordon Parade, Mount Gravatt East QLD 4122
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