533 Mains Road, Macgregor, QLD 4109 | House for sale | OnTheHouse
 
FOR SALE
$1,180,000

533 Mains Road
Macgregor QLD 4109

Bedrooms: 5
Bathrooms: 5
Car spaces: -
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Renovate, Build, or High-Yield Room Share Conversion (STBA)

Positioned in a premier Macgregor location within walking distance of everyday amenities and transit, this two-storey brick home presents an extraordinary blank canvas packed with potential. Currently stripped back to a shell, the heavy demo work has already been completed, leaving astute investors, builders, and developers with a rare, ready-to-transform project.
Highlights
� Solid two-storey brick and timber home, currently a shell: stripped back, cleared out and waiting on trades
� Pending BA package for a Class 1b rooming house conversion (the classification covering small-scale shared accommodation): 5 bedrooms, 5 ensuites, 4 with their own living rooms, plus a communal kitchen, internal laundry and 5 private wet bars (STBA)
� Three ways to play it: restore the original home, build the new share house package (STBA), or knock down and rebuild (STCA)
� Covered patio looking over a fenced in-ground pool, with lawn and a garden shed beyond
� Around a 3-minute walk to bus stops, with Sunnybank Plaza, Market Square, and Westfield Mt Gravatt each a short drive
Whether you're looking to capitalise on high-density rooming house returns or build your dream footprint, this property must rocket to the top of your site list! Stripped down to its bare bones inside, all the time-consuming preparation has been done for you.
Inside, the home spans two levels of limitless structural options. Take advantage of the new building plans of Class 1b Rooming House (STBA) to create five private micro-apartments complete with self-contained wet bars and ensuites - ideal for maximising rental yield in a high-demand rental pocket. Alternatively, reimagine the vast living areas, timber floors, and structural framing into a sprawling modern multi-generational family home.
Out back, the undercover patio area provides a great vantage point over the fully fenced yard and in-ground pool, offering an ideal space for future entertaining once restored. The site also features a storage shed and ample off-street parking options.
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Property Details for 533 Mains Rd, Macgregor

533 Mains Rd, Macgregor is a 5 bedroom, 5 bathroom House. The place is currently for sale with LJ Hooker Property Partners - Sunnybank Hills and Mount Gravatt.

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About Macgregor 4109

The size of Macgregor is approximately 2.7 square kilometres. There are 4 parks, covering nearly 15.5% of the total area. The population of Macgregor in 2016 was 5844 people. By 2021 the population was 5980 showing a population growth of 2.3% in the area during that time. The predominant age group in Macgregor is 20-29 years. Households in Macgregor are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Macgregor work in a professional occupation.In 2021, 61.20% of the homes in Macgregor were owner-occupied compared with 64.60% in 2016.

Macgregor has 2,295 properties. Over the last 5 years, Houses in Macgregor have seen a 74.61% increase in median value, while Units have seen a 92.12% increase. As at 31 August 2026:

  • The median value for Houses in Macgregor is $1,504,189 while the median value for Units is $793,315.
  • Houses have a median rent of $800 while Units have a median rent of $570.
There are currently 21 properties listed for sale, and 11 properties listed for rent in Macgregor on OnTheHouse. According to Cotality's data, 54 properties were sold in the past 12 months in Macgregor.

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Peter Florentzos
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LJ Hooker Property Partners - Sunnybank Hills and Mount Gravatt
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