30 Khandalla Street
Upper Mount Gravatt, QLD 4122

Overview

30 Khandalla Street, Upper Mount Gravatt

This property presents a unique opportunity in one of Upper Mount Gravatt's most sought-after growth areas. It offers immediate dual-income potential while being situated within HDR1 High Density Residential zoning, allowing for future development of up to 8 storeys (subject to council approval). This is a rare chance to secure both cash flow and long-term investment potential in one strategic move.

Key Features:

• HDR1 High Density Residential zoning - potential for up to 8 storeys (STCA).
• Sold in conjunction with 32 Khandalla Street, creating a combined site of 1,204m².
• Combined property frontage of approximately 32.2 metres.
• Four self-contained bedrooms, each with its own ensuite and kitchenette.
• Flexible layout ideal for room-by-room rental income.

Set on a 592m² block with a 15.9m frontage, this property is designed for adaptability and income generation. Each of the four bedrooms features a private ensuite and kitchenette, making it suitable for various rental arrangements, including student accommodation or shared living. The current layout supports strong rental flexibility, catering to diverse tenant needs.

The home is constructed with lowset brick veneer and a tiled roof, featuring split system air conditioning for comfort. The internal layout is practical and low-maintenance, while the exterior includes a rear patio area and a shed for additional storage. A single driveway car space is available for residents.

However, the true potential lies beyond the existing dwelling. This property will be sold together with 32 Khandalla Street, which includes a 3-bedroom, 1-bathroom, 1-car configuration on a 612m² block. Together, these two sites create a substantial landholding of 1,204m² with a combined frontage of approximately 32.2 metres.

Located within HDR1 High Density Residential zoning, the site is poised for development of up to 8 storeys (STCA), placing it strategically within Upper Mount Gravatt's evolving urban landscape. With ongoing infrastructure growth and increasing demand for higher-density living near major retail and transport hubs, this location represents a prime investment opportunity.

Additionally, the property is conveniently located within walking distance to Westfield Garden City, major bus interchange routes, and key arterial connections, enhancing both tenant demand and future development viability.

Opportunities to acquire over 1,200m² in HDR1 zoning within this tightly held area are exceptionally rare. Whether you are a developer looking for your next project, an investor seeking to land-bank for future growth, or a buyer wanting immediate income while planning ahead, this property is a compelling acquisition.

All information provided is gathered from sources deemed reliable. However, we cannot guarantee the accuracy of the information, and interested parties should rely solely on their own inquiries.

Location