46 Margate Street, Mount Gravatt East$1.32m
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Soldhouse

46 Margate Street

Mount Gravatt East, QLD 4122, Australia
$1.32m
2 bed 1 bath 2 car647 m²

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About this property

Positioned in a highly sought-after and rapidly transforming pocket of Mount Gravatt East, 46 Margate Street presents an exceptional opportunity for renovators, investors, or those ready to build their dream home. Set on an elevated block with rare dual street frontage and a generous 15.9m frontage, this property offers flexibility and strong future upside in an area surrounded by prestigious homes exceeding $3 million. The existing residence features three bedrooms, one bathroom, and accommodation for two cars, providing a solid foundation for those looking to renovate and add value. Alternatively, the block lends itself perfectly to a knockdown rebuild, allowing you to capitalise on the premium location, elevation, and unique access options. With new luxury builds redefining the streetscape, this is your chance to secure a foothold in a blue-chip growth area. Additional Features: Dual street frontage offering versatile access and design potential Elevated position capturing breezes and outlook 15.9m frontage providing strong building scope Surrounded by high-end, newly constructed homes 2 bedrooms was 3 originally, 1 bathroom, 2-car accommodation Ideal renovator or redevelopment site Opportunities like this are becoming increasingly rare in Mount Gravatt East. Whether you choose to renovate, rebuild, or landbank, this property represents outstanding potential in a premium location poised for continued growth. Disclaimer: Whilst every care is taken in the preparation of the information contained in this marketing, Torres Property will not be held liable for any errors in typing or information. All interested parties should rely upon their own enquiries in order to determine whether or not this information is in fact accurate.

Property Details

Property Type
house
Listing Type
Sold
Bedrooms
2
Bathrooms
1
Parking
2
Land Area
647 m²
Listed
1 month ago

Repayment calculator

$6,399/month
$3,200 /fortnight
Loan $1,056,000 at 6.10% over 30 years

Upfront costs

Deposit$264,000
Stamp duty$56,425
Conveyancing (est.)$2,000
Total upfront$322,425
Verify with QLD revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Mount Gravatt East

This 2-bedroom house in Mount Gravatt East, QLD 4122 sits within reach of public transport, local shops and nearby schools. It is listed 12% below the $1.51m median of 63 comparable houseswithin 5 km.

Schools near Mount Gravatt East

  • Mount Gravatt East State Schoolprimary · Prep-6 · CoEd
  • Queensland Pathways State College - Mt Gravatt Campussecondary

What's nearby

  • Newnham Rd at Condong Street, stop 70/63 (bus)1.1 km away
  • Woolworths820 m away
  • Chester Park Reserve404 m away
  • Graham Lord Park786 m away
  • Wardle Street Park890 m away

Mount Gravatt East at a glance

Full suburb profile
Population
12,428
Median age
35
Household income
$2,055/wk
Median rent
$400/wk
Median mortgage
$2,041/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Mount Gravatt East price trend

Median sold · House 2 bed

Compound growth +7.7% / yr over 4 yrs

$980kcurrent median

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