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46 Margate Street

Mount Gravatt East, QLD 4122, Australia
Auction
2 bed 1 bath 2 car647m²

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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 Features

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    Repayment calculator

    $7,030/month
    $3,515 /fortnight
    Loan $1,160,000 at 6.10% over 30 years

    Price estimated from comparable nearby — edit below to use your own number

    Upfront costs

    Deposit$290,000
    Stamp duty$63,900
    Conveyancing (est.)$2,000
    Total upfront$355,900
    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.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    2
    Bathrooms
    1
    Parking
    2
    Land Area
    647m²
    Listed
    1 week ago

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