14/56 Rise StreetMount Gravatt East QLD 4122
Property Details for 14/56 Rise St, Mount Gravatt East
14/56 Rise St, Mount Gravatt East is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2000. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 3 bedroom Townhouse sold in Mount Gravatt East in the last 12 months.
Last Listing description (July 2025)
Solid Income and Easy Permanent MR in Brisbane Southside
This is an outstanding opportunity to buy management rights in Mt Gravatt East on the ever-popular Brisbane Southside.
Nestled in a prime quiet location, only walking distance to Mount Gravatt Plaza and Mount Gravatt Homemaker Centre, easy access to Westfield Garden City and Westfield Carindale, public transport, close to schools, parks much much more; Only a short commute to Brisbane CBD, about 10km.
- Asking $389,800 on MR Business with a Net Profit of $90,636
- Centrally located in the Leafy suburb of Mt Gravatt East, Brisbane Southside
- Well- presented complex provides the perfect environment to relax in
- Very well-run business, all procedures documented
- Body Corporate very fantastic and supportive to work with
- Long agreement 20 years left on a 25 years accommodation module
- Great remuneration $70,948 with annual adjustment of CPI or 3%, which is greater
- Small letting pool to give you an undisturbed lifestyle
- The turnover of tenants is very low, keeping inspections and paperwork to a minimum
- Modern and fantastic manager residence
Large two-storey townhouse, a big living/dining area, spacious family room, modern and open plan kitchen, three bedrooms and a large rear patio and entertaining backyard area
- Well presented on-title office, no office hour
- Manager Unit has been tenanted with a weekly rent of $620
- Ideal for a family or semi-retired couple looking for a solid income and great lifestyle
If you want to buy a solid management right business and great lifestyle, it ticks all your boxes, please book your inspection immediately with NEXT team, Exclusive Agency.
Property History for 14/56 Rise St, Mount Gravatt East, QLD 4122
- 12 May 2025Listed for Sale MR $389.8k / 4.3 Times + MU on Valuation
- 15 May 2023Listed for Rent $590 Weekly
- 08 Sep 2008Listed for Sale 713600
Recent sales nearby
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0About Mount Gravatt East 4122
The size of Mount Gravatt East is approximately 4.6 square kilometres. There are 14 parks, covering nearly 5.9% of the 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 5,512 properties. Over the last 5 years, Houses in Mount Gravatt East have seen a 68.77% increase in median value, while Units have seen a 96.94% increase. As at 31 July 2026:
- The median value for Houses in Mount Gravatt East is $1,397,175 while the median value for Units is $889,307.
- Houses have a median rent of $725 while Units have a median rent of $680.
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