Sold in Mount Gravatt East for $1,100,000
1,214 m² - 29 Crest Street, Brisbane, 4207
There are just so many options when you have 2 properties to choose from. On the border of Holland Park and Mount Gravatt East and located approximately 8.2 kilometres from the Brisbane CBD.
Subject to Council approval, developers have the option to build either townhouses or units as zoning is LMR2. Buy one or purchase both to maximize potential, as this block has potential to both capture and capitalize on city and mountain views.
Walking distance to shops, transport, schools and all suburban amenities, this development site is worth a look.
Specifications as follows:
* 607sqm or 1,214sqm
* Potential city and mountain views
* Combined frontage of 20.2 metres
2 properties, EACH one on 607m2 of rare land. The address ‘Crest Street’ perfectly describes location, and is set among some of the postcode’s most exclusive addresses. In addition, this residence is located close to main bus services, cafes/restaurants, Westfield Garden City, schools, and easy motorway access into the city.
Here’s what you can do:
Option 1: PURCHASE BOTH AND DEVELOP
Buy both properties which are side by side. Both 33 and 29 Crest Street are a total of 1214m2 and there is a potential to develop these properties into 6 luxury townhouses.
Option 2: SIT ON IT AND RAKE IN THE REWARDS NOW and IN THE FUTURE
33 Crest Street Mount Gravatt East is on a lease till November 2020 earning $400 per week
29 Crest Street has 2 tenants (one couple renting the upstairs 2bed and 1 bath and another couple renting the downstairs 2bed and 1 bath) on a month to month lease paying a total of $685 per week
Option 3: SHARE IT WITH A MATE
Friendship is a beautiful thing, and what better way to test it than to live right next door to each other. Get your best mate, tell them to buy next door and you can both live in one of the best spots in the south of Brisbane, side by side. You can live in the existing properties, or knock them down and build your dream homes together.
Option 4: JUST BUY 1
That’s definitely an option. You have two to choose from and if one is all you need, well we’re happy to sell one like that too.
HERE’S WHAT YOU’RE GETTING
PROPERTY: 33 Crest Street Mount Gravatt East
Hardwood timber floors throughout
Open Plan Kitchen and design area
Utility room than can easily be configured as you wish.
PROPERTY: 29 Crest Street Mount Gravatt East
2 Living Areas
607 m2 Block
Please refer to the floor plans for both.
Each picture is labelled with the property it is referring to.