648 Kessels RoadUpper Mount Gravatt QLD 4122
Property Details for 648 Kessels Rd, Upper Mount Gravatt
648 Kessels Rd, Upper Mount Gravatt is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 582m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in August 2016.
Last Listing description (January 2017)
UNDERCONTRACT IN 3 DAYS! BY SIMON AU!
AUCTION CANCELLED! HAPPY BUYER & SELLER! MORE PROPERTIES NEEDED!
Premium Bluechip Investment Opportunity!
The Simon Au Team proudly presents this unique investment opportunity that by nature reaffirms a sound investment choice, and in practice presents an assortment of different opportunities to be capitalised on. Located in the highly desirable sub-precinct of 1a in the Upper Mount Gravatt precinct, this sub-precinct presents the opportunity for mixed commercial & residential development or even a completely commercial development.
Boasting an exceptional position, this property is situated among some of the finest shopping, transportation & education infrastructure that Brisbane has to offer! Crossing the road will land you at Westfield Garden City and the Mount Gravatt Busway, further a short bus ride or drive will bring you to Sunnybank (approx.. 5 mins drive), Griffith University & Queen Elizabeth II hospital, the Gateway motorway & the Pacific motorway, Brisbane CBD and more!
There are endless options available to the purchaser of this property, however all of the following have the potential for high returns - potential investment options:
1. Simply buy & hold long-term in this high-growth corridor while you either occupy or rent-out the property - it is currently tenanted and returns $360p.w.
2. Secure other neighbourhood property to create a parcel of land suitable for development in this high-growth corridor. The Mount Gravatt Corridor plan provides vast potential for development, both residential & commercial.
3. Potential home-office use if you are running a business (subject to council approval).
A rare opportunity is presented with the interstate seller advising that the property must be sold! As such this exceptional opportunity awaits the savvy investor that has either the vision of a spectacular development with adjoining properties, or perhaps a plan to wait long-term and on-sell to developers. The choice is yours, but the potential is certain!
The post-war house proudly exudes the following features:
3 large bedrooms
1 bathroom with separate toilet
Double car garage
A large north-facing kitchen with plenty of bench space and electric cooker
Spacious dining area with wall-mounted air-conditioner that flows to a generous lounge area with ceiling fan and beautiful hardwood timber floors
Plenty of storage underneath the house + conveniently located clothesline
Large backyard area with plenty of space
Please contact The Simon Au Team now on 0433 221 723! This property must be SOLD!
Property History for 648 Kessels Rd, Upper Mount Gravatt, QLD 4122
- 31 Aug 2016Sold for $715,000
- 23 Aug 2016Listed for Sale AUCTION CANCELLED! HAPPY BUYER & SELLER!
- 12 Dec 2014Listed for Rent $355 / week
Recent sales nearby
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0About 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 5,593 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:
- The median value for Houses in Upper Mount Gravatt is $1,500,287 while the median value for Units is $807,992.
- Houses have a median rent of $693 while Units have a median rent of $645.
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