Situated on busy Newnham Road in the bustling suburb of Upper Mount Gravatt is this rare development opportunity you simply cannot pass up. Only moments from Westfield Garden City and a 19-minute drive to Brisbane’s CBD, this 1,396m2 block boasts phenomenal exposure with a 32.4m frontage making it perfect for developers seeking to create significant capital gains.
The ideal spot for building a townhouse complex or business hub with exceptional connectivity, it’s only a 750m stroll to Westfield Garden City and its bus exchange, the M3 being under five minutes’ drive away. A 170-bus stop is also a swift two minutes’ walk down the road offering yet more convenience.
Within the respected Macgregor State High School Catchment, which is but a six-minute drive away, you’ll find this alone will create unrivalled interest in any development you’d like to bring to fruition.
All of this culminates in a lucrative opportunity for you to capitalise on, this locale being in a profitable position for businesses and offering a quality lifestyle for students, retirees, professionals, couples, and families.
Alternatively, you could build the home of your dreams with space for the relatives or another investment property or two.
Combining two blocks into one, this enormous land opportunity currently has two houses sitting on it that could be left or renovated to your taste. Both are Queenslander-style homes with fully fenced perimeters and massive backyards that feature four bedrooms, one shared bathroom and two car spaces.
Not an opportunity that crops up often, you’ll need to act quickly to take full advantage of this vast block at the heart of Upper Mount Gravatt. Contact Emily Xiong today.
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