14/56 Sanders StreetUpper Mount Gravatt QLD 4122
Property Details for 14/56 Sanders St, Upper Mount Gravatt
Last Listing description (October 2024)
Ray White Commercial Bayside is pleased to present to the market For Sale, 14/50-56 Sanders Street, Upper Mount Gravatt.
This property is perfect for investors achieving a 6.3% yield with the tenant being on a 2 year lease and rental increases.
Just 15 minutes south east of Brisbane's CBD, and is within walking distance of Westfield Garden City Shopping Centre and frequent bus services along the South East Busway. Close to recreational facilities and lifestyle amenity, and with easy access to 3 major arterial roads, 14/50-56 Sanders Street, Upper Mount Gravatt is perfectly positioned for future growth.
Features include:
- 183sqm* professional office space on Level 2
- Reception/waiting area, training/meeting room, additional open plan work area, 2 private offices, rear exit/second entrance, lunch room with kitchenette
- Good natural lighting
- Currently tenanted on a 2 year lease with another 2 year option, expiring on 1/4/25 at a Nett rental of $59,363.00 per annum, plus GST
- 6 exclusive basement car parks
- Full lift access - disability compliant building
- Ducted air-conditioning, phone and data cabling, carpet floor coverings throughout
The continued development of the Mount Gravatt Corridor will see the popular suburb benefit from the Brisbane Metro infrastructure project expected to commence from late 2023.
For Sale: $930,000 + GST
* Approximately
Property History for 14/56 Sanders St, Upper Mount Gravatt, QLD 4122
- 02 Dec 2025Sold for $900,000
- 26 May 2022Listed for Sale $970,000
- 16 Sep 2019Listed for Rent - Price not available
Recent sales nearby
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About Upper Mount Gravatt 4122
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 5,573 properties. Over the last 5 years, Houses in Upper Mount Gravatt have seen a 107.17% increase in median value, while Units have seen a 93.75% increase. As at 31 January 2026:
- The median value for Houses in Upper Mount Gravatt is $1,440,247 while the median value for Units is $774,045.
- Houses have a median rent of $675 while Units have a median rent of $640.
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