Sold
9 Vaughan Street, Mount Gravatt QLD 4122
$830,000
- 5 Bed
- 3 Bath
- 4 Car
- 607m²
House Sold on Fri 30 Apr, 2021
House description
“Phenomenal 607sqm LMR allotment with exciting development potential”
Ideally positioned in a sought-after suburb, this brilliant property is ready to be reimagined to optimise its rental potential. Currently housing two units that can also be renovated, 9 Vaughan Street can also be demolished to create three new townhomes (STCA).
Set in a LMR zone, the property can be divided into two 303.5sqm titles. Here, realise your own unique vision and create your dream home. Or, build three new dual- or tri-level townhomes (STCA). and maximise your income. You can also live in one of the existing units and rent the other.
With a combined weekly rental income of $780 for the two existing units, each showcase beautiful timber floors and plantation shutters and can be updated or enjoyed as is. Unit 9 encompasses a spacious open-plan living and dining area, as well as an adjoining formal living and dining room. There is also a tidy kitchen featuring a tiled splashback and ample cupboard storage, plus a connecting patio that you will love sharing with guests. A sizeable bedroom and a well-appointed main bathroom complete the abode.
Unit 9A boasts an interconnected living room and dine-in kitchen with a large combined pantry and laundry, plus three bedrooms and a full bathroom. Both units benefit from secure parking for one car each, vast amounts of storage, air-conditioning and ceiling fans.
Close to a multitude of shops and dining options, this remarkable offering is also minutes from Westfield Garden City and Westfield Carindale. Griffith University's Nathan campus, Toohey Forest's walking tracks and Mount Gravatt Plaza are also nearby.
Falling within the Mount Gravatt State School and Mount Gravatt State High School catchment areas, this sensational property is also a short drive from Brisbane Adventist College, Clairvaux MacKillop College and Saint Bernard's Catholic School. Do not miss this rare opportunity – call to arrange an inspection today or for a copy of the full town planning report.
Disclaimer
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
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Kevin Chiu
Place - Coorparoo
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