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Description: Team Warren proudly presents this exceptional opportunity in the heart of Upper Mount Gravatt - a solid four-bedroom home on a level 577m² Medium Density Residential (MDR) block with NPP-001a Core Zoning, allowing 6-15 storeys and a 350% plot ratio on land parcels 800-2500m²+ (STCA).
-- TAKE NOTE: THIS IS THE SAME CORE ZONING AS WESTFIELD GARDEN CITY SHOPPING CENTRE. See 2nd Listing Image. --
Just a short stroll to Westfield Garden City, this property offers secure holding income with a fixed lease in place until August 2026 at $700/week, while you plan its next chapter. Whether you're an investor, developer, or future owner-occupier, the combination of prime zoning, location, and growth potential makes this an opportunity not to be missed.
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PROPERTY FEATURES
• Solid lowset brick home on a 577m² block
• 4 spacious bedrooms with built-in robes
• Large lounge with raked ceiling & air-conditioning
• Neatly presented kitchen with plenty of storage & bench space
• Additional dining and study space
• Polished timber floors, security screens, and air-conditioning
• Tandem lock-up carport + external storage cupboard
• Well-kept gardens with gated side access
• Fixed-term lease until August 2026 at $700/week
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DEVELOPMENT POTENTIAL
• Zoned Medium Density Residential (MDR) - multi-unit or townhouse development (STCA)
• NPP-001a - Upper Mt Gravatt Core Zoning: allows 6-15 storeys and a 350% plot ratio on consolidated parcels (800-2500m²+)
• Flat, flood-free site with all services connected
• No demolition control, giving you flexible redevelopment options
• Surrounded by successful recent projects and strong buyer demand
• City Plan maps and zoning reports available on request - please consult your town planner for details
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LOCATION HIGHLIGHTS
• 2 minutes' walk to Westfield Garden City (retail, dining, cinemas, supermarkets)
• Major bus interchange with direct services to the CBD, UQ & Southbank
• Easy access to Pacific (M1) & Gateway Motorways
• 5 minutes to Sunnybank Market Square & Plaza
• Close to Griffith University Nathan campus, TAFE, and hospitals
• Excellent nearby state and private schools
• Only ~10km to Brisbane CBD
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ADDITIONAL BONUS
Being a QLD Registered Architect, Warren and his team can provide preliminary architectural, planning, and feasibility advice for interested buyers. We can also connect you with trusted town planners and consultants to help get your next project moving.
This is an outstanding opportunity to secure a property with immediate rental income, future-proof zoning, and significant redevelopment upside.
Contact Team Warren today for more information or to arrange your inspection.
Disclaimer: All information has been gathered from sources we consider reliable; however, we cannot guarantee its accuracy. Interested parties must rely on their own enquiries. All development opportunities are subject to council approval and buyer due diligence. This property is being sold by auction or without a price guide, and may appear in price brackets for website filtering purposes only.
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