40 Archer Street
Upper Mount Gravatt, QLD 4122

Overview

PRIME DUAL-LOT OPPORTUNITY - 972m² IN BLUE-CHIP UPPER MT GRAVATT

Positioned in one of Brisbane's most sought-after and rapidly developing areas, this listing offers a unique opportunity to acquire two adjoining properties at 40 and 42 Archer Street, Upper Mount Gravatt. These properties can be purchased together or separately, presenting a valuable prospect for developers, land investors, and strategic buyers.

The combined land area totals 972 square meters, situated in a high-demand growth corridor. Each individual block measures 486 square meters, positioned side by side to form a clean and highly functional parcel of land, a rarity in this locale. Opportunities to acquire neighboring properties simultaneously are uncommon, and while individual purchase is possible, the true value lies in securing the entire 972 square meters.

The existing dwellings consist of a three-bedroom home at 40 Archer Street and a two-bedroom residence at 42 Archer Street. Both homes are currently liveable and rentable, offering the potential to generate rental income while future development or investment plans are formulated.

The location significantly enhances the appeal of this offering. Residents are just minutes away from Westfield Mt Gravatt and The Village Upper Mount Gravatt, with convenient access to Brisbane's central business district. Nearby attractions include Mount Gravatt Lookout and a selection of reputable schools such as Wishart State School, Upper Mount Gravatt State School, and Clairvaux MacKillop College. Additionally, Market Square Sunnybank and its vibrant dining precinct are within close proximity, alongside major roads and public transport links.

This area continues to experience strong demand from both buyers and tenants, making it well-suited for development subject to council approval, as well as for long-term investment holdings.

Typically, assembling multiple adjoining properties requires considerable time and negotiation. This opportunity simplifies that process, presenting two aligned blocks ready for acquisition in a high-demand suburb, offering a straightforward path for those recognizing the potential value.

Prospective buyers may choose to purchase one property or secure both. The sellers are open to discussions, but opportunities of this nature are infrequent in the market.

Location