Prime real estate in Upper Mount Gravatt

The owners of 23 and 25 Everett St Upper Mount Gravatt have placed their Medium Density Zoned (MDR) properties on sale providing an exciting opportunity for a developer/investor to purchase1214m2 block in the highly coveted suburb of Upper Mount Gravatt on a very quiet street, The combined properties now provide 30m frontage with 40m depth to the development site.

The MDR zoning will allow you to build an apartment complex up to 5 stories in height or townhouses after obtaining council approval.

Everett Street is walking distance to one of Brisbane’s best shopping facilities, Westfield Garden City Shopping Centre. It scores highly on WALKSCORE as schools, public transport, restaurants and entertainment are all conveniently located nearby. The M3 highway leading into Brisbane or the Gold Coast is only a short drive away.

If you are looking to land bank the property 23 Everett St is receiving $395 per week of rent for its low set 3 bedroom home while 25 Everett St is currently vacant but has received $400 per week in rent in the recent past.

Please contact Jim Dorash, REMAX Strategic 0466 784 119 for more information or to arrange a private viewing. As there are tenants in the residence, 24-hour notice is required.

Location, location, locations
Highly sought after area zoned Medium Density Residential
Short walk to Westfield Garden City Shopping Centre, schools and parks
Easy access to Brisbane
3 Bedrooms with builtin closets
Crimsafe doors
Huge Double lockable garage
Garden Shed
vacant possession
Has been rented out previously at $400 per week.