Prime 809m2 MDR (Medium Density Residential) site with a 22m x 20m Creek Road frontage, in a prominent Mount Gravatt position directly opposite Mount Gravatt Plaza encompassing both Woolworths and Coles.
With redevelopment of the neighbouring Central Fair Shopping Centre underway, this property represents an exciting opportunity for the astute investor or developer. Take advantage of the Medium Density Residential zoning and redevelop with apartments or townhouses (STCA) or hold and enjoy the substantial rental income on offer.
Mount Gravatt East has experienced explosive growth in recent years and is now a mecca for young professionals and families alike. Situated only 10km from the Brisbane CDB this amazing site offers fantastic convenience to all amenities including an array of health care professionals, educational centres and active lifestyle choices.
Spoilt for choice, nearby parks include Chester Park Reserve, Upper Mount Gravatt Showgrounds and Mount Gravatt Outlook Reserve. Positioned only 100m from local buses and only a short drive to some of the best shopping centres in Australia, including Westfield Carindale and Garden City.
Call Tim McConnell today to discuss this fantastic opportunity.