40 Archer Street, Upper Mount Gravatt, Qld 4122

Auction

House
Type
6
Bedrooms
2
Bathrooms
2
Parkings
486 m²
Area

Last updated on Monday, July 06, 2026 ( See property details for 40 Archer Street, Upper Mount Gravatt, Qld 4122)

Auction

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

A rare dual-property opportunity in Upper Mount Gravatt offering development potential, rental income, and prime location proximity to amenities and transport.

🏡 Property Highlights

  • Rare opportunity to acquire two adjoining properties in a high-demand Brisbane suburb
  • Combined site offers 972m² of premium land, ideal for development or land banking
  • Existing homes are liveable and generating rental income, providing immediate cash flow
  • Strategically located near Westfield Mt Gravatt, The Village Upper Mount Gravatt, and Brisbane CBD
  • Close to well-regarded schools and popular amenities, ensuring strong tenant and buyer demand
  • Ready-to-build site with clear upside for developers and strategic investors

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Ensuite
  • Outdoor Area
  • Internal Laundry
  • Ceiling Fans
  • Pet-Friendly
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens

Upper Mount Gravatt is a highly sought-after Brisbane suburb known for its strong demand for both owner-occupiers and investors. It offers excellent amenities, including shopping centres, schools, and parks, with easy access to the Brisbane CBD. The area features a vibrant community atmosphere, diverse housing options, and significant growth potential, making it ideal for development and long-term investment. Its strategic location ensures high tenant demand and future growth prospects.

What are the development possibilities for this site?
The site offers potential for development subject to council approval (STCA), including possible multi-dwelling or townhouse projects, leveraging its prime location and land size.
Can I rent out the existing homes while planning future development?
Yes, both homes are currently liveable and rentable, providing an opportunity to generate income while considering future plans.
What are the zoning restrictions for this property?
Zoning details can be confirmed with the local council; the property is suitable for development (STCA) within the current zoning regulations.
Are there any easements or planning restrictions on the land?
Any easements or restrictions will be detailed in the title search; prospective buyers should conduct their due diligence.
What are the nearby amenities and transport options?
The property is close to Westfield Mt Gravatt, The Village Upper Mount Gravatt, major roads, and public transport, providing excellent connectivity.
Are there any existing planning or building approvals in place for future development? Are there any known issues with the existing structures, such as pests, structural defects, or compliance problems? What are the total ongoing costs, including council rates, land taxes, and maintenance? Are there any upcoming infrastructure projects or zoning changes planned for the area that could impact value? Is there any history of flooding or bushfire risk on the site?

40 Archer Street, Upper Mount Gravatt, Qld 4122 - More Details

Auction

BLUE-CHIP UPPER MT GRAVATT

Positioned in one of Brisbane's most tightly held and rapidly evolving pockets, 42 & 40 Archer Street, Upper Mount Gravatt present a rare chance to secure two adjoining properties offered together or separately with a clear upside for developers, land-bankers, and strategic buyers.

Combined, the site offers 972m² of premium land in a high-demand growth corridor. Each block is 486m², sitting side by side to create a clean, highly usable parcel something that's becoming increasingly difficult to find in this area.
Opportunities like this, where neighbouring properties align at the same time, are extremely rare. While both can be purchased individually, the real value is in securing the full site and taking control of the entire 972m².

The existing homes include a 3-bedroom property at 40 Archer Street and a 3-bedroom home at 42 Archer Street. Both are very liveable and rentable as they are, providing the option to generate holding income while future plans are considered.

The location is a major part of the appeal. You're just minutes from Westfield Mt Gravatt, close to The Village Upper Mount Gravatt, and within easy reach of the Brisbane CBD. Mount Gravatt Lookout is nearby, along with a range of well-regarded schools including Wishart State School, Upper Mount Gravatt State School, and Clairvaux MacKillop College. Market Square Sunnybank and its dining precinct are also close by, with convenient access to major roads and transport links.

This is the kind of location that continues to see strong buyer and tenant demand, making it well suited to both development (STCA) and long-term holding.

Most sites like this require time, negotiation, and the challenge of bringing multiple owners together. Here, that work has already been done. Two side-by-side blocks, aligned and ready, in a high-demand suburb offering a straightforward opportunity for those who recognise the upside.

Buy one or secure both. Sellers are open to discussions, but opportunities like this don't come around often.

Disclaimer: All information contained herewith, including but not limited to the general property description, price and the address, is provided to Ray White Springwood & Shailer Park by third parties. We have obtained this information from sources we believe to be reliable; however, we cannot guarantee its accuracy. The information contained herewith should not be relied upon and you should make your own enquiries and seek advice in respect of this property or any property on this website.
Type
House
Bedrooms
6
Bathrooms
2
Parkings
2
Area
486 m²

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