57 & 59 & 61 Lumley Street, Upper Mount Gravatt QLD 4122

This is a fantastic opportunity to snap up 3 houses in a row and secure 1458m2 of prime Medium Density Zoned land. With unit prices soaring locally the time to secure your next project is now.

With fantastic views to the North even from ground level, this site has a 36m frontage, and 40.5m depth, is relatively flat, flood free, easement free, and has minimal trees to clear. With zoning in the area and other buildings in the street going to 5 levels this site is a true gem.
57 Lumley Street:
Lowset 90's Brick Home, 3 bed, 2 bath, with carport. Good condition, if slightly dated. Currently rented at $580pw untill April 2025 with stable long term tenant.

59 Lumley Street:
Colonial Workers Cottage, 2 bed, 1 bath, with under storage. Reasonable condition, with some renovations over the years. Currently rented at $440pw until July 2025 with stable long term tenant.

61 Lumley Street:
Postwar Home, 3 bed, 1 bath, with under storage. Reasonable condition, with some renovations over the years. Currently owner occupied. Rental potential estimated at $550 to $580 per week.

• 1458m2 of Medium Density Zoned Land
• 36m Frontage, 40.5m Depth
• Spectacular Views to the North
• 5 Level Builds in Street as Precedent
• Relatively Flat, Slight Fall to Street
• Minimal Trees to Clear
• Easement and Flood Free
• 900m to Westfield Mt Gravatt

Just a short 300m stroll from the Lumley Street Shops, and only 900m from Westfield Mt Gravatt and it's major Bus interchange, this location has all the infrastructure support that one could want in a site.

https://www.reval.com.au/57---59---61-lumley-street-upper-mount-gravatt-qld-4122