Prime Mount Gravatt East Development Site | D/A for 5 Townhouses

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52 Creek Road, Mount Gravatt East QLD 4122

Expression Of Interest

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$1.5M - $1.65M High Confidence Calculated based on strong search observations.

House 3 Beds 1 Bath 809 m²

Listed: 49 days ago

Updated: 29 days ago

Overview

This property presents a rare and compelling development opportunity in the well-established suburb of Mount Gravatt East. Occupying a substantial 809 square metre parcel with a 20-metre frontage, the site benefits from approved development plans for five modern townhouses, each thoughtfully designed to maximize space and functionality.

The townhouses are configured with three bedrooms and feature practical two-car parking per dwelling, ensuring convenience for residents with multiple vehicles. Each unit includes a private courtyard and a spacious balcony, providing personal outdoor retreats that enhance the living experience by blending indoor comfort with private open-air environments.

Strategically positioned directly opposite Mount Gravatt Plaza, the location offers immediate access to a variety of shops and essential services, making day-to-day life remarkably convenient. The property’s proximity to prominent retail and lifestyle hubs such as Westfield Carindale and Westfield Mount Gravatt extends this convenience further, presenting residents with abundant dining, entertainment, and shopping options just minutes away.

This site is ideal for developers or investors looking to capitalize on the strong demand for brand-new, low-maintenance townhouses in this sought-after city-fringe locale. Mount Gravatt East offers excellent connectivity to Brisbane’s major road networks, including quick access to the CBD approximately 9 kilometres away and the Gold Coast via the M1 motorway.

809m² block with a wide 20-metre frontage
Development approval secured for five three-bedroom townhouses
Two dedicated car spaces per unit
Private courtyards and generous balconies for each townhouse
Low-maintenance design suited to modern living
Prime position in a well-connected, established residential area

The combination of location, approved development, and design potential makes this an exceptional opportunity for a variety of buyers, particularly developers or investors targeting quality townhouse projects. With its immediate access to amenities and transport, the site promises strong appeal in the competitive Brisbane housing market.

Local Market Insights

In Mount Gravatt East, Quiet Listings observed 34 new houses entering the market over the last 30 days, up from 30 during the previous 30-day period, with an average advertised asking price of $1,383,647. The property type mix of listed properties is predominantly Houses at 59%, followed by apartments (13%), and townhouses (8%). The most active agency for houses in the Mount Gravatt East area is currently Ray White, representing 41% of new listings, followed by LJ Hooker with 18%. 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.