10 Greenmeadow Road, Mansfield, Qld 4122

$2,451,000

Block Of Units
Type
8
Bedrooms
4
Bathrooms
4
Parkings
911 m²
Area

Last updated on Wednesday, September 02, 2026 ( See property details for 10 Greenmeadow Road, Mansfield, Qld 4122)

$2,451,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare investment opportunity in Mansfield featuring four well-maintained units on a large, flat 911m² block with development potential and strong rental returns.

🏡 Property Highlights

  • Rare block of four units in Mansfield's sought-after school catchment
  • Generous 911m² flat block with development potential
  • Strong rental income with current gross return of $94,640 per year
  • Excellent location close to parks, shopping centres, and Brisbane CBD
  • Opportunity for subdivision, strata titling, or extension (subject to approval)
  • Well-maintained, low-maintenance investment property

✨ Key Features

  • Garage
  • Outdoor Area
  • Built-in Robes
  • Open-Plan Living
  • Secure Parking
  • Internal Laundry
  • Waterfront / Views
  • Balcony
  • Pet-Friendly
  • Ensuite

Mansfield is a highly desirable suburb renowned for its excellent schools, parks, and convenient access to Brisbane CBD. It offers a family-friendly environment with a vibrant community, shopping centres, and recreational facilities. The area is well-connected via public transport and major roads, making it ideal for both investors and residents seeking a balanced lifestyle. With its strong growth prospects and top amenities, Mansfield remains a prime location for property investment.

What is the current rental income and potential for increase?
The current gross rental income is $94,640 per year, with potential to increase to approximately $104,000 per year.
What development options are available for this property?
The property offers opportunities for subdivision into three blocks, strata titling the current unit block, or extending the existing units, subject to council approval.
Are there any restrictions or approvals needed for future development?
Yes, any subdivision or extension plans will require council approval and compliance with local zoning regulations.
What are the key features of the units?
Each unit features two bedrooms, a bathroom, a comfortable living and dining area, a practical kitchen with ample storage, and individual laundry facilities.
How close is the property to local amenities?
The property is conveniently located just 50m from Aldi, 620m from Tillack Park, 2km from Mt Gravatt Plaza, and 2.1km from Mansfield State High School.
Are there any existing easements, covenants, or zoning restrictions affecting the property? What are the potential costs associated with subdivision or development approval? Are there any known defects or issues with the property or the units? Is there any ongoing or upcoming construction or planning activity nearby that could impact the property? What are the strata or body corporate arrangements, if applicable, and associated fees?

10 Greenmeadow Road, Mansfield, Qld 4122 - More Details

$2,451,000

10 GREENMEADOW ROAD, MANSFIELD PRESENTS AN INCREDIBLY RARE OPPORTUNITY TO SECURE A ONE OF A KIND PIECE OF REAL ESTATE WITH ENDLESS POTENTIAL. UNIT BLOCK LIKE THIS IS TRULY RARE AND THIS ONE WON'T LAST LONG. THIS PROPERTY MUST BE SOLD ON OR BEFORE THE FORTHCOMING AUCTION ON 06/05/2026*

Auction via In-Room and Online - 06/05/2026 @ 6:00pm, if not sold prior
Auction Location: Ray White Mount Gravatt Auction Room | 1450 Logan Road, Mount Gravatt
Registrations start from 5:30pm
(Phone & Online Registrations must be completed by 3:00pm on Auction Day)

Set in a popular pocket of Mansfield, 10 Greenmeadow Road is a well-kept block of four units on a generous 911m², right within the Mansfield State High School catchment.
Each unit offers two good-sized bedrooms, a comfortable living and dining space, a practical kitchen with plenty of storage, and a neat, tidy bathroom. The property has been looked after over time, making it a straightforward, low-maintenance investment.

Currently returning $94,640/year (potential to increase to $104,000/year) in gross income, giving you a solid return from day one.

Whether you're building your portfolio or just after something reliable in a strong area, this is a smart, no-fuss investment that's easy to hold onto long term.
This all sits on an expansive 911m2 block (33m frontage) offering opportunities for future development. The opportunities are endless;

• Subdivided into 3 blocks**
• Strata title the current unit block **
• Extend current unit block **

MAKE NO MISTAKE OPPORTUNITIES LIKE THIS IN BRISBANE'S BEST SCHOOL CATCHMENT ARE FEW AND FAR BETWEEN THE CURRENT INTERSTATE OWNER HAS MADE IT CLEAR THIS PROPERTY WILL BE SOLD - ACT FAST!

Property Summary - Four spacious, 2 bedroom, 1 bathroom, 1 car space units:
• Unit 1 - $425/week to 25/03/2027
• Unit 2 - $420/week to 24/01/2027
• Unit 3 - $500/week to 06/01/2027
• Unit 4 - $475/week to 27/02/2027


Property Highlights:
• Mansfield Catchment
• Individual laundry facilities
• Four secure car spaces
• Flat 911m2 block
• Aldi just 50m across the road
• 620m^ to Tillack Park
• 2km^ to Mt Gravatt Plaza
• 2.1km^ to Mansfield State High School
• 2.25km^ to Westfield Carindale
• 3.1km^ to Mount Gravatt Outlook
• 9.5km^ to Brisbane CBD

* Subject to reserve price
** Subject to council approval
^ Direct Line

This property is being sold by auction or without a price and therefore a price guide cannot be provided. This website may have filtered the property into a price bracket for website functionality purposes. Whilst every effort has been made to ensure the accuracy of information contained about this property, it does not constitute any warranty or representation by the vendor or agent. All information contained herein is gathered from sources we consider to be reliable. All interested parties must solely rely on their own inspections, enquiries and searches with all relevant authorities.
Type
Block Of Units
Bedrooms
8
Bathrooms
4
Parkings
4
Area
911 m²

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