19/3 Lindwall Street, Upper Mount Gravatt QLD 4122
19/3 Lindwall Street, Upper Mount Gravatt QLD 4122
Split-level layout | dual north balconies | secure complex with pool | lease income secured | rare separation of living zones
This apartment stands out in Upper Mount Gravatt for its split-level two-storey design, which gives it a genuine house-like separation between living and sleeping areas—something seldom found in local unit stock. The dual north-facing balconies with elevated outlooks capture good light and breezes, while the stone kitchen, high ceilings, and under-stair storage add a premium feel beyond typical two-bedroom offerings. With secure parking, intercom, pool, and BBQ facilities within the Flame Trees North complex, it suits downsizers seeking low-maintenance living without sacrificing space, or investors wanting a property that appeals to professionals and couples close to Garden City and transport.
The current lease at $1,440 per fortnight runs to October 2026, providing immediate income certainty that may support a firmer price position. Body corporate costs around $1,400 per quarter are moderate for a complex with pool and secure parking, though they reduce net yield compared to older units. The 132 m² land figure reflects the apartment footprint rather than private land, so value is tied to the unit’s layout, complex condition, and rental demand rather than land appreciation. The bushfire overlay noted on nearby profiles may affect insurance premiums or future development options, but it does not diminish current livability. Buyers should weigh the lease’s security against limited flexibility for owner-occupation until late 2026, and consider whether the split-level design justifies a premium over more conventional units in the same pocket.
|| Comparable Sales: 2/11 Lindwall Street sold as a 2-bed unit with strong rental return; 3/3 Lindwall Street estimated near $1.06M | Property Price Band: $1.0M–$1.1M | Value Drivers: split-level layout, dual north balconies, secured lease income
Detailed Independent Property Report prepared by PropCred Analyst team for 19/3 Lindwall Street, Upper Mount Gravatt QLD 4122
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
1
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Market Insight
Upper Mount Gravatt is a dynamic, well-located suburb attracting a young professional demographic, which is driving strong demand for both ownership and rental. The market exhibits robust performance, with unit values experiencing particularly significant growth and houses appreciating steadily. Properties are transacting quickly, supported by ongoing local development and infrastructure. Future growth is underpinned by its strategic appeal, though a slower sales pace for houses compared to the state average indicates a potential constraint in that segment.
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PropCred Estimated Value
Comparable Sales: 2/11 Lindwall Street sold as a 2-bed unit with strong rental return; 3/3 Lindwall Street estimated near $1.06M | Property Price Band: $1.0M–$1.1M | Value Drivers: split-level layout, dual north balconies, secured lease income
Bedrooms
2
Bathroom
2
Parking
1
Land
1 acres
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