129 Mount Gravatt Capalaba Rd, Upper Mount Gravatt is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 612m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
MAKE NO MISTAKE, AFTER A CHANGE IN CIRCUMSTANCES THE CURRENT VENDOR HAS MADE THE DIFFICULT DECISION TO SELL! THIS SITE MUST BE SOLD.
ACT FAST! THIS IS AN OUTSTANDING OPPORTUNITY TO SECURE A HIGH YIELDING ASSET WITH GUARANTEED CAPITAL GROWTH THANKS TO THE MDR ZONING.
With the Brisbane Olympics around the corner this prime development site, only 1km to the Nissan Arena, 200m from the new Tyron Plaza & 400m away from Garden City, this will not last long. This immaculate block with a tidy rentable home is now ready for a new owner to reap the rewards that is assured with this highly sought-after position & zoning
As you step into the home you are greeted by a generously sized living and dining room with direct access to the front enclosed balcony. Access to the large kitchen is made easy on the left-hand side, with more than enough bench space this kitchen has been well looked after over the years. The home has just had some recent renovations to make it perfect to rent out for a long period of time.
The three bedrooms are larger than average and positioned well, two with built-in robes. All bedrooms are serviced by the main bathroom and separate toilet. The lower level expands the home well with a huge rumpus room, separate laundry, and enough space for a double car garage.
At the back of the block features a fully self-contained granny flat with a built-in kitchenette and bathroom. Ideal for families looking for dual living.
This 612m2 block is located within the sought-after Medium Density area adjacent to Garden City. Less than 5mins walking distance away from all the actions and Garden City transport hub, this site scores high within the work/school/coffee triangle.
This site is sought after so act now to secure this ideal investment opportunity.
Summary of Features:
Medium density zoning
612m2 block close to everything
Tidy rentable home with a strong rental return
741m to Upper Mount Gravatt State School catchment
1.4km to MacGregor State High School Catchment
400m to Westfield Garden City
200m to Tryon Plaza
1km to The Nissan Arena
13 km to Brisbane City
100m to public transport
MORE INFORMATION AVAILABLE - PLEASE CONTACT SAM IF YOU WOULD LIKE THIS SENT TO YOU
The size of Upper Mount Gravatt is approximately 4.3 square kilometres. It has 11 parks covering nearly 5.9% of 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 5,594 properties. Over the last 5 years, Houses in Upper Mount Gravatt have seen a 103.59% increase in median value, while Units have seen a 90.44% increase. As at 31 March 2026:
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