Presenting a unique opportunity at 1 Inge Street, Mount Gravatt-this 1965-built property is perfect for renovators or those seeking to build their dream home on a spacious 607 sqm corner block with dual street frontage. The existing home has been divided into two separate flats, each offering comfortable living while awaiting a modern transformation.

Flat 1 features two bedrooms, one bathroom with a shower, bath, and toilet, a combined living and dining area with air conditioning, a functional kitchen, external storage, and a downstairs laundry area.

Flat 2 also includes two bedrooms, one bathroom with a shower, bath, and toilet, a combined living and dining space, a kitchen, external storage, and a downstairs laundry area.

Discover an exceptional investment opportunity, offering impressive rental yield potential offering both flats that can be leased individually for between $400-$500 per week each. Situated in a high-demand area, this residence combines convenience and lifestyle appeal, ensuring a steady flow of prospective tenants, primed for rental success and low vacancy rates. Ideal for investors looking to secure strong returns, this property is a solid addition to any portfolio, positioned for growth and high occupancy.

The property’s prime location is just moments from cafes, restaurants, and local schools, with Griffith University, Mount Gravatt TAFE, Westfield Garden City, and Mount Gravatt Homemaker Centre nearby. Outdoor enthusiasts will appreciate the proximity to Toohey Forest Park’s walking and cycling trails. With easy access to the Pacific Motorway, Brisbane CBD and the Gold Coast are within reach, and public transport options are plentiful, with the South East Busway and Southeast Freeway Bikeway close by.

This is an incredible opportunity for someone ready to unlock the full potential of this property through renovation or redevelopment.

LOCATION:

-Approx. 7kms to Brisbane CBD
-Approx. 13kms to Brisbane Airport
-Approx. 2km to Griffith University
-Approx. 2km to Mount Gravatt TAFE
-Approx. 1.6km to Cavendish Road State High School
-Approx. 2.5km to Loreto College
-Approx. 2km to Wellers Hill State School
-Approx. 2km to Clairvaux Mackillop College
-Approx. 2.5 to Upper Mt Gravatt Primary School
-Approx. 2.5km to Seton College
-Approx. 2.5km to St Bernards Catholic Primary School
-Approx. 500m to Holland Park State High School
-Approx. 500m to Mount Gravatt State High School
-Approx. 500m to Mount Gravatt State School
-Approx. 300m to Saint Agnes Catholic Primary School
-Approx. 150m to Mount Gravatt Special School
-Approx. 1km to Marshall Rd State School
-Approx. 1km to Seville Road State School
-Approx. 3.5km to Westfield Garden City
-Approx. 3km to Greenslopes Private Hospital
-Approx. 800m to Pacific Motorway

Brisbane City Council Rates Approximate $784.60 per quarter

Whether one envisions breathing new life into its classic design or embarking on a fresh architectural endeavor, this property offers a blank slate for realising one’s vision of the perfect home. Don’t let this rare gem slip through your fingers. Seize the opportunity to secure your piece of paradise today by contacting Tony King and make 1 Inge Street your new address.

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