Presenting an exceptional development opportunity in the heart of Upper Mount Gravatt -a colossal 1,487 sqm site with current DA approval for 55 units or possible opportunity for townhouse development (STCA). This is a must-see for developers and investors aiming to attract a diverse tenant and owner-occupier mix, from professionals to families, couples and retirees. With two houses already on-site generating rental income, the property falls within esteemed local school catchments. Furthermore, Westfield Mt Gravatt and key city bus stops are just a short walk away.

Key Highlights:
- Phenomenal 1,487 sqm development site in central Upper Mount Gravatt
- Zoned HDR1 High density residential
- DA approved for 55 units, appealing to wide tenant/owner-occupier demographic
- Possible opportunity for townhouse development (STCA)
- Two existing houses on-site, currently rented for $420 and $490 per week
- Located in respected Upper Mount Gravatt State School and Macgregor State High School catchments
- Exceptional proximity to shopping centres, public transport and motorways

Upper Mount Gravatt offers unparalleled convenience, standing as a central hub to some of South Brisbane’s most sought-after amenities and schools. A mere stroll from this allotment will lead you to city-bound buses, parks, shops, and the chic Westfield Mt Gravatt for the latest in fashion, movies, and fine dining. High-calibre private schools like Clairvaux MacKillop College are within walking distance, and Macgregor High is also close by.

Venture a bit further to explore a foodie heaven at Market Square, further shopping centres, public and private hospitals, and two Griffith University campuses. Strategically positioned between the Gateway and Pacific motorways, the location affords seamless connectivity to the city, coasts, and airports for busy commuters and leisure seekers.

- 300 m to Mount Gravatt Capalaba Road bus stop
- 400 m to Tyron Street Park and Playground
- 700 m to Logan Road bus stop
- 700 m to Palmdale Shopping Centre
- 700 m to Westfield Mt Gravatt
- 850 m to Upper Mount Gravatt State School
- 1.2 km to St Catherine’s Catholic Primary School
- 1.4 km to St Bernard’s Catholic School
- 1.4 km to Clairvaux MacKillop College
- 1.9 km to Macgregor State High School
- 3.4 km to Market Square
- 3.4 km to Sunnybank Plaza
- 3.5 km to Sunnybank Private Hospital
- 3.7 km to Griffith University Nathan Campus
- 3.9 km to QE II Jubilee Hospital
- 5.8 km to Griffith University Mount Gravatt Campus

Set on the bustling Mount Gravatt Capalaba Road, this 1,487 sqm block enjoys prime exposure, with a 33.3m frontage, which is sure to attract immense buyer interest. The area is already developed too, with apartment buildings to the rear of the block, while the current neighbouring homes bring in a steady rental income of $420 and $490 per week, which will allow you to enjoy rental returns while you decide what to do with this colossal allotment.

The block is DA approved for 55 units with a mixture of 1, 2 and 3 bedroom layouts across 11 levels (8 levels above ground and 2 levels of secure underground basement parking) – offering a compelling prospect for developers and investors alike. Alternatively, the site could serve as the canvas for your dream home or a central townhouse community (STCA).

This is not merely a piece of land; it’s a canvas for dreams and a cornerstone for investments. Don’t miss this rare opportunity. For more details or to discuss this exceptional prospect, contact Kathy Lu and Peter Florentzos today.

AEAF Investments Pty Ltd
with Sunnybank Districts P/L T/A LJ Hooker Property Partners
ABN 50 133 677 319 / 21 107 068 020

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