50 Broadwater Road, Mount Gravatt East, QLD 4122 | House for sale | OnTheHouse
 
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50 Broadwater Road
Mount Gravatt East QLD 4122

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
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Sat 6 Dec 9:30 am
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Don't miss the boat! 647m² block, Mt Gravatt renewal zone, LMR potential!

Lucratively positioned within the proposed Mt Gravatt Centre renewal precinct in a pocket that could be lifted to Low-to-medium density residential (LMR) zoning, 50 Broadwater Rd is a potential land development opportunity with exceptional prospects - allowing you to reap a solid rental return off the existing 4-bed home while plans brew away in the background (STCA).
Highlights:
- Substantial 647m2 block inside Mt Gravatt's proposed urban renewal precinct
- Potential for LMR rezoning, allowing for lower-scale apartments, townhouses, houses (STCA)
- Precinct plans aim to transform this popular SE corridor into a vibrant urban village
- Already just a short walk to Mt Gravatt Plaza, city/Westfield buses & Mt Gravatt Markets
- Existing character home, extensively upgraded & easily rentable for a solid return
The vision for Mt Gravatt Centre is to create a vibrant and distinctive urban village - a welcoming place that supports more people to realise their dream of living close to workplaces, shops, transport, services and parks. It would see a revitalised high street and renewed office, shopping and entertainment areas along Logan and Creek Rd's, well-connected shady pathways, new buildings embracing Brisbane's sub-tropical outdoor lifestyle, and new homes close to transport, shops, services and recreation.
Securing this block will put you in the driver's seat of this area's exciting potential transformation. 50 Broadwater Rd is in a pocket within the draft precinct plan that's currently proposed to move from low-density housing to low-to-medium density - which would expand the site's development potential (STCA).
Whatever the future holds, you've scored the keys to a rent or move-in ready house with character and contemporary comforts. This 1950's era home has a swish new kitchen, 2 renovated bathrooms, bill-busting solar panels, and an airy covered timber deck overlooking a grassy yard.
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Property Details for 50 Broadwater Rd, Mount Gravatt East

50 Broadwater Rd, Mount Gravatt East is a 4 bedroom, 2 bathroom House with 2 parking spaces. The place is currently for sale with LJ Hooker Property Partners - Sunnybank Hills and Mount Gravatt.

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About Mount Gravatt East 4122

The size of Mount Gravatt East is approximately 4.6 square kilometres. It has 14 parks covering nearly 5.9% of total area. The population of Mount Gravatt East in 2016 was 11838 people. By 2021 the population was 12428 showing a population growth of 5.0% in the area during that time. The predominant age group in Mount Gravatt East is 30-39 years. Households in Mount Gravatt East are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Gravatt East work in a professional occupation.In 2021, 60.70% of the homes in Mount Gravatt East were owner-occupied compared with 60.30% in 2016.

Mount Gravatt East has 5,466 properties. Over the last 5 years, Houses in Mount Gravatt East have seen a 97.63% increase in median value, while Units have seen a 94.75% increase. As at 31 October 2025:

  • The median value for Houses in Mount Gravatt East is $1,310,195 while the median value for Units is $814,814.
  • Houses have a median rent of $670 while Units have a median rent of $645.
There are currently 23 properties listed for sale, and 9 properties listed for rent in Mount gravatt east on OnTheHouse. According to Cotality's data, 219 properties were sold in the past 12 months in Mount gravatt east.

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Erfan Aghababaie
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LJ Hooker Property Partners - Sunnybank Hills and Mount Gravatt
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