72 Newnham Road

Mount Gravatt East QLD 4122

YOUR SEARCH STOPS HERE!

This property has unlimited potential. There is a 5 bedroom (or 4 + home office) sitting on a subdividable 809sqm block. The renovated post war house is perfectly positioned on the land so that you will NOT need to demolish it to build the second house next door after subdividing the title into 2 lots.

The newly renovated house offers:
4 bedroom
5th bedroom/study or homebased office with separate entrance at front of house
2 new bathrooms (1 ensuite)
1 new Open Plan kitchen
2 Lock up garages
5 extra open parking space
Open deck at backyard with suburban view
Solar panels
Timber look alike flooring throughout
LED lightings

Current owner has listed this house on short term accomodation last 3 months and it is producing a projected annual income of $80,000 per year.

This property makes an ideal location to run various home based business with plenty of extra parking and storage.
It can also offer excellent advertising location being on a semi busy road with high traffic exposure due to it being surrounded by child care centres, churches and schools.

Options:

Subdivide (STCA) to another lot approximate 400sqm to build your dream home or build a 2 storey house. Live upstairs and run your business downstairs.

Continue to collect attractive income from while you develop.

Move in immediately, run your business from home or convert the 5th bedroom to your site office.

Location:
450m to Bunnings Warehouse;
500m to 7 Eleven Petrol Station & Grocery Store;
1.2km to Mount Gravatt Plaza & ALDI;
3.8km to Westfield Garden City Upper Mount Gravatt;
6.1km to Market square Sunnybank;
13km to Brisbane City;
23km to Brisbane Airport.

It is located in close proximity to many well known educational institutions such as
Mansfield State HIgh School
Mt Gravatt East State School
Wishart State School
Mansfield State School
TAFE Mt Gravatt
Citipointe Christian College
Brisbane Adventist College
Seton College
St Catherine's Primary School

Hurry! This property is a rare find!

Contact Listing Agent now to request a private inspection!