139 Mount Gravatt Capalaba Road, Upper Mount Gravatt, QLD, 4122

Medium Density Zoned | Prime Investment

House
Type
3
Bedrooms
1
Bathrooms
1
Parkings

Published on Tuesday, April 14, 2026 ( See property details for 139 Mount Gravatt Capalaba Road, Upper Mount Gravatt, QLD, 4122)

Medium Density Zoned | Prime Investment

James Austin SALES CONSULTANT & AUCTIONEER
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A well-maintained three-bedroom house on a 597m2 block in a sought-after location, offering investment potential and versatile living spaces.

🏑 Property Highlights

  • Prime investment opportunity with a secure lease in place until December 2026
  • Potential for future development (STCA) due to Medium Density zoning
  • Well-maintained open-plan living and dining area with spacious eat-in kitchen
  • Large tiled rumpus room providing versatile extra living space
  • Convenient location close to city express bus services and major motorways
  • Short stroll to Westfield Garden City, Coles Village, and local amenities

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Garage
  • Internal Laundry
  • Ground Level Tiled Rumpus Room
  • Low-Maintenance Yard
  • Ensuite
  • Security Screens / Gates
  • Ceiling Fans
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139 Mount Gravatt Capalaba Road
Upper Mount Gravatt, QLD 4122
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Vertical aerial view β€” 139 Mount Gravatt Capalaba Road
139 Mount Gravatt Capalaba Road — Vertical Aerial  •  Upper Mount Gravatt, QLD 4122  •  Nearmap © 2026

Upper Mount Gravatt is a vibrant suburb offering excellent connectivity to Brisbane city via express bus services and major motorways. It boasts a diverse range of shopping, dining, and entertainment options, with proximity to Westfield Garden City and reputable schools. The area combines convenient urban living with a family-friendly atmosphere and future development potential, making it an attractive choice for investors and homeowners alike.

What is the current lease term and rental income for this property?
The property is leased until 04/12/2026 at $590 per week, providing a secure income stream for investors.
What are the future development possibilities for this property?
The property is zoned Medium Density, offering potential for development (STCA) to maximise its long-term value.
How accessible are public transport options from this location?
The property is just a short stroll to city express bus services, providing convenient access to Brisbane CBD and surrounding areas.
Are there any restrictions or covenants associated with the property?
The property is subject to Medium Density zoning and any development must comply with local council regulations and planning schemes.
What amenities and services are nearby?
The property is close to Westfield Garden City, Coles Village, local sports clubs, a variety of restaurants, cafes, and entertainment options.
Are there any zoning restrictions or planning overlays that could affect future development plans? Has the property been inspected for structural issues or pests? Are there any easements, covenants, or restrictions on the title? What are the council rates and any additional levies or fees? Is there any history of flooding or bushfire risk in this area? Are there any upcoming construction or development projects nearby that could impact the property? What are the terms of the current lease, and are there any conditions or rent increases planned? Are there any known issues with the property's foundation, plumbing, or electrical systems? Is the property compliant with all building codes and regulations? Are there any strata or community title considerations if applicable?

139 Mount Gravatt Capalaba Road, Upper Mount Gravatt, QLD, 4122 - More Details

Medium Density Zoned | Prime Investment

Auction In-Room & Online: 06/05/2026 from 6:00pm (unless sold prior) Auction Location: Ray White Mount Gravatt Auction Room | 1450 Logan Road, Mt Gravatt Registrations open from 5:30pm (Phone & Online registrations must be completed by 3:00pm on Auction Day) Positioned in a sought-after pocket and tucked well back from the street, this neatly maintained property provides the purchaser with a solid investment opportunity. Zoned Medium Density, this property has future potential to be developed (STCA), providing you with a long term plan. Step inside to discover a welcoming open-plan living and dining area that connects seamlessly to the spacious eat-in kitchen, complete with a freestanding cooker and plenty of room for family meals. The home offers three well-sized bedrooms, all serviced by the main bathroom and a separate toilet for added practicality. Downstairs, a large tiled rumpus room provides valuable extra living space, ideal as a second lounge, games room or home office. Beneath the home is a secure single lock-up garage with internal access directly to the rumpus room, while the laundry is conveniently positioned at the rear of the property. The many features of the property include: β€’ 3 Bedroom Post War Home β€’ 597m2 Block β€’ Medium Density Zoned β€’ Prime Investment β€’ Well Maintained Eat-In Kitchen β€’ Neat Single Bathroom β€’ Internal Stairs β€’ Ground Level Tiled Rumpus Room β€’ Low Maintenance Backyard β€’ Just a short stroll to city express bus services β€’ Easy access to both the Pacific Motorway and Gateway Motorway β€’ Only five minutes from Westfield Garden City, Coles Village and the local sports club β€’ Close to a selection of respected state and private schools β€’ Surrounded by a great choice of restaurants, cafes and entertainment options β€’ Lease In Place until 04/12/2026 @ $590 per week *subject to reserve price ^direct line PARKING FOR OUR IN-ROOM AUCTIONS: β€’ Anytime Fitness carpark (entrance via Bothwell Street) provides 2-hour parking and pedestrian laneway shortcut up to Logan Road β€’ Central Fair Shopping Centre (entrance via Creek Road, after the bus stop) β€’ Side streets such as Bothwell Street, Selborne Street, Gowrie Street etc 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
House
Bedrooms
3
Bathrooms
1
Parkings
1

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