30 Khandalla Street, Upper Mount Gravatt, QLD 4122 | House for sale | OnTheHouse
 
FOR SALE
FOR SALE

30 Khandalla Street
Upper Mount Gravatt QLD 4122

Bedrooms: 4
Bathrooms: 4
Car spaces: 1
Land area: 1204m2
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Dual Income Today - 8 Storey Potential Tomorrow

Being sold along with 32 Khandalla Street - a 1,204m2 combined site.
Presenting an exceptional landholding opportunity in one of Upper Mount Gravatt's most strategic growth corridors. Offering immediate dual-income flexibility and positioned within HDR1 High Density Residential zoning (up to 8 storeys), this is a rare chance to secure both cashflow and future development potential in one decisive move.
Features at a Glance:
1. HDR1 High Density Residential zoning - up to 8 storeys (STCA).
2. Wide combined property frontage of approximately 32.2 metres.
3. Four self-contained ensuite bedrooms with individual kitchenettes.
4. Flexible layout ideal for room-by-room rental income immediately.
Set on 592m2 block with a 15.9m frontage, 30 Khandalla Street presents as a highly adaptable income-producing residence. Each of the four bedrooms includes its own private ensuite and kitchenette, creating a configuration perfectly suited to individual leasing. Whether targeting student accommodation, shared living arrangements, or holding for future uplift, the current layout supports strong rental flexibility.
The home is lowset brick veneer with a tiled roof and offers split system air conditioning. Internally, the configuration is practical and low-maintenance, while externally the property includes a rear patio area and a shed. A single driveway car space services the home.
The real opportunity, however, lies beyond the existing dwelling.
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Property Details for 30 Khandalla St, Upper Mount Gravatt

30 Khandalla St, Upper Mount Gravatt is a 4 bedroom, 4 bathroom House with 1 parking spaces. The property has a land size of 1204m2. The place is currently for sale with LJ Hooker Property Partners - Sunnybank Hills and Mount Gravatt.

Building Type
House
Land Size
1204m2
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About Upper Mount Gravatt 4122

The size of Upper Mount Gravatt is approximately 4.3 square kilometres. There are 11 parks, covering nearly 5.9% of the total area. The population of Upper Mount Gravatt in 2016 was 9241 people. By 2021 the population was 10800 showing a population growth of 16.9% in the area during that time. The predominant age group in Upper Mount Gravatt is 20-29 years. Households in Upper Mount Gravatt are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Upper Mount Gravatt work in a professional occupation.In 2021, 51.40% of the homes in Upper Mount Gravatt were owner-occupied compared with 56.20% in 2016.

Upper Mount Gravatt has 5,600 properties. Over the last 5 years, Houses in Upper Mount Gravatt have seen a 90.81% increase in median value, while Units have seen a 99.44% increase. As at 31 May 2026:

  • The median value for Houses in Upper Mount Gravatt is $1,461,023 while the median value for Units is $831,076.
  • Houses have a median rent of $700 while Units have a median rent of $650.
There are currently 44 properties listed for sale, and 17 properties listed for rent in Upper mount gravatt on OnTheHouse. According to Cotality's data, 249 properties were sold in the past 12 months in Upper mount gravatt.

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Alex Fan
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LJ Hooker Property Partners - Sunnybank Hills and Mount Gravatt
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