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32 Grovely Terrace, Mitchelton QLD 4053

From $625,000

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$625k - $656k Transparent Transparent Listing Based on an openly advertised listing price.

Land 229 m²

Listed: 52 days ago

Updated: 15 days ago

Overview

Situated in the very heart of Mitchelton, this rare vacant land parcel offers a unique chance to build on a flat, north-facing 229sqm block with a generous 6.48m frontage. The even terrain and absence of easements or underground services provide an ideal canvas for a variety of building projects, allowing prospective buyers to allocate more budget towards design and finishing rather than costly site preparation.

The property's prime location delivers exceptional lifestyle convenience with proximity to the vibrant Blackwood Street dining and café precinct, Mitchelton Train Station, Brookside Shopping Centre, and a range of schools, parks, and recreational facilities all within easy walking distance. As such, this land presents superb appeal to investors considering development of rooming accommodation or owner-occupiers seeking a low-maintenance, lock-up-and-leave home on a well-connected, sought-after site.

Complementing the superb locale and build-ready site, thoughtfully designed home plans of 4-5 bedrooms spanning over 250sqm are available, offering a head start for visionaries aiming to realise an ideal new residence tailored to this allotment.

In summary, 32 Grovely Terrace represents an unparalleled opportunity to establish a contemporary home or development project in an established, vibrant community hub where lifestyle and convenience harmoniously intersect.

Local Market Insights

In Moreton Bay - South, Quiet Listings observed 15 new parcels of land entering the market over the last 30 days, up from 7 during the previous 30-day period, with an average advertised asking price of $2,471,000. The property type mix of listed properties is predominantly Houses at 75%, followed by townhouses (13%), and units (5%). The most active agency for land in the Moreton Bay - South area is currently Ray White, representing 53% of new listings, followed by Belle Property with 20%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.