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QLD › Mount Gravatt East › Grenfell St

15 & 15A Grenfell St, Mount Gravatt East QLD 4122

House

3

Bedrooms

1

Bathrooms

4

Car spaces

810 m²

Land

240 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • CalculationRecorded House sales in Mount Gravatt East (last 5 years) with land size: median $2,394/m² of land (n=63). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

What this lot has actually traded at

Last sold

No recorded sale price for this property yet.

Local land rate: recorded House sales in Mount Gravatt East (last 5 years) with land size have a median of $2,394/m² of land (n=63). Districts calculation from recorded sales — not a valuation.

Mount Gravatt East at a glance

13,238

People

$1,578,500

Median sale

$680/wk

Median rent

2.24%

Suburb gross yield

Median sale from 48 recorded sales (last 12 months) — a Districts calculation.

See the full Mount Gravatt East report →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

For more information on this property, visit Queensland Globe↗.

Records

Property history

  1. Listedprice unknowncompleted14 Nov 2025
  2. Listedprice unknowncompleted14 Nov 2025

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $680/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Mount Gravatt East in one glance

Mount Gravatt East at a glance

13,238

People

$1,578,500

Median sale

$680/wk

Median rent

2.24%

Suburb gross yield

Median sale from 48 recorded sales (last 12 months) — a Districts calculation.

See the full Mount Gravatt East report →

Keep researching

  • Why Mount Gravatt East? Read the area thesis →
  • What else is on the market in Mount Gravatt East →
  • Other records on Grenfell St →

Listing material

Listed by Ray White Sunnybank Hills

SOLD BY MIKE HO - RAYWHITE SUNNYBANK HILLS!

A rare opportunity to secure two legal freehold lots, totalling 810sqm, with the existing home spanning both titles. Perfectly positioned just 5 minutes' walk to Mount Gravatt Plaza and 14 minutes to the Brisbane CBD, this blue-chip holding offers outstanding development flexibility, immediate rental income, and exceptional long-term potential. With sellers committed to a result, this property will be sold on or before auction. Opportunities like this don't come twice.

A once-in-a-generation opportunity to secure two legal freehold lots, totalling 810 sqm, in one of Brisbane's most desirable and fast-growing inner-east locations. The existing home currently spans both titles, giving buyers a rare chance to acquire a dual-title holding with significant future potential - all within walking distance to Mount Gravatt Plaza and moments from major transport, amenities and schools. Whether you're an investor, developer or owner-builder, opportunities with this level of flexibility, certainty and location advantage are exceptionally scarce.

Property Highlights:

Read the full description

• Two legal freehold 405 Sqm lots - the current dwelling spans both titles

• Combined land size: 810 sqm

• Dimensions: approx. 20.1m frontage , 40.2m depth

• Future potential: ideal for constructing two luxury homes (STCA)

• Immediate holding income: existing 3 bed | 1 bath | 2 car dwelling with rental estimate $650-$700/week

• Elite walkability: 5-minute stroll to Mount Gravatt Plaza, cafés, transport and daily conveniences

• 14 minutes to Brisbane CBD - superb connectivity for families and professionals

• Located within sought-after school catchments - strong family appeal and long-term resale security

Development & Investment Potential

For Developers:

• Secure two legal titles in one transaction. With the dwelling spanning both lots, you can design your future project (STCA) while benefitting from holding income. A rare combination of flexibility and certainty in a tightly held growth corridor.

For Owner-Occupiers / Investors:

• Live now, develop later, or hold for capital appreciation.

• Dual-title landholdings of this scale, position and accessibility are exceptionally limited in today's market.

Why This Property Stands Out?

• Two titles. One sale. Endless potential.

• This is one of Mount Gravatt East's most strategic landholdings - offering scale, position, future upside and immediate practicality.

• With sellers fully committed to a result.

• Opportunities like this rarely return to the market.

"Opportunities like this don't come twice." Contact Mike - 0433 529 221 today for more information. Offers prior to auction encouraged.

Disclaimer: Due to QLD legislation which prohibits a seller or agent from providing a price guide for auction properties, a price guide isn't available. The website possibly filtered this property into a price range for functionality purposes. Any estimates are not provided by the agent and should not be taken as a price guide.

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Listing description written by Mike Ho, Ray White Sunnybank Hills — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Broadband
  • Built-in Robes
  • Toilets: 1

Also look at

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  • 15 Camlet St, Mount Gravatt East QLD 4122

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.