2/40 Raffles Street, Mount Gravatt East, QLD 4122 sold on 21 May 2025 | OnTheHouse
SOLD
Sold on 21 May 2025 - Price Unavailable

2/40 Raffles Street
Mount Gravatt East QLD 4122

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 101m2
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Property Details for 2/40 Raffles St, Mount Gravatt East

2/40 Raffles St, Mount Gravatt East is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 2 bedroom Unit sold in Mount Gravatt East in the last 12 months.

Building Type
Unit
Floor Size
101m2

Last Listing description (May 2025)

Superbly located walking distance from a host of local amenities, this brilliant property boasts the best possible mix of easy care living, convenience and pure value. Private and spacious, you'll love the stylish of this fabulous unit. Set in a quiet elevated position, Unit 2/40 Raffles Street is perfect for the first-time home buyer, down-sizer or investor searching for an exceptional property to add to their portfolio with high returns.

Located in a small complex of 4 units, this unit is in close proximity to the shops, bus stops, cafes and other conveniences. This beautiful two-bedroom unit has undergone a renovation with the kitchen featuring a free-standing gas stove and range hood and a great outlook.

The open plan lounge and dining area is very spacious and is fitted with new split system air conditioning. The stylish and modern kitchen features ample cupboard and bench space. A cosy dining area provides ample space for when friends drop in for dinner. A private balcony offering breath-taking views, ideal for relaxation or entertaining guests.

Two generously sized bedrooms with ample storage space. A large lock up garage with laundry facility and plenty of street parking are just a few of the added bonuses. This unit represents great value with low body corporate fees - providing you with a dream first home or perfect investment property.

Ideally situated only a few hundred metres from Mt Gravatt Central, with Woolworths, Coles, coffee shops and great restaurants that are in easy walking distance you are positioned in one of the best spots throughout 4122.

Features:
- Sold brick structure
- Private internal staircase, only for this unit
- 2 Bedroom
- 1 Bathroom
- Open plan living and dining
- Split system air conditioning
- Lockup garage
- Private balcony with views over the suburb and up to Mount Gravatt Mountain
- Security on doors and windows
- Small quiet block of only 4 units
- Within minutes drive to 2 major Westfield Shopping Centres - Carindale and Garden City
- 3 minute walk down the street to Mount Gravatt Plaza consisting of Woolworths, Coles, Banks, Australia Post, Eateries and Specialty shops.
- Gyms and 2 Brisbane City Council pools in walking distance.
- Walk to bus stops to the City, University's, Hospitals, Major Shopping Centre's and schools.
- 7km to Brisbane CBD
- Rental Appraisal $600-$630/ week approximately
- Body corporate: $1100/quarter approximately

At such a great value-for-money price, you better get in quick because investments as good as this are hard to find.

This property is within walking distance from Mt Gravatt Plaza and Central Fair Shopping Centre with transport and schools also close by. Situated in a prime location, just 7km to Brisbane CBD, a short walk to Mount Gravatt Central, nearby public transport, parks and schools. This home won't be available for long. Contact Tina Guo to secure your viewing today.

All information contained herein is gathered from sources we consider to be reliable. However we can not guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.

Property History for 2/40 Raffles St, Mount Gravatt East, QLD 4122

A timeline of how this property has performed in the market
Last Sold
21 May 2025
Listed for Rent
$300/w
14 May 2021
  • 30 Jun 2025
    Listed for Rent $600 / week
  • 14 May 2025
    Sold for $580,000
  • 08 May 2025
    Listed for Sale UNDER CONTRACT - $580,000
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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 103.17% increase in median value, while Units have seen a 97.05% increase. As at 30 November 2025:

  • The median value for Houses in Mount Gravatt East is $1,362,687 while the median value for Units is $802,026.
  • Houses have a median rent of $670 while Units have a median rent of $650.
There are currently 15 properties listed for sale, and 12 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.

Suburb Insights for Mount Gravatt East 4122

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Contact agent
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Tina Guo
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Jonathan Law
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Ray White Sunnybank Hills
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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.