30 Heyford Street, Mount Gravatt East QLD 4122

3 bed house | 647m² block | Mount Gravatt East | strong school catchment | no flood or bushfire overlay This property presents a compelling opportunity for families and growth-focused buyers due to its combination of a generous 647m² land parcel, absence of flood or bushfire overlays, and catchment placement for both Mount Gravatt East State School and Mount Gravatt State High School. The estimated rental return of around $675 per week supports investor interest, while the 75% owner-occupier street mix and only one recent sale on Heyford Street suggest a stable, low-turnover neighbourhood that typically holds value well. The house is positioned for those seeking land-backed appreciation with potential for renovation or redevelopment, subject to council zoning. The key risk is the unknown internal condition, as the property was last sold in 2016 and withdrawn from rent in 2018, meaning buyers should budget for possible refurbishment costs. The building coverage at 20% is low for the block size, which may indicate development potential but also requires verification of zoning allowances and any unlisted easements. The auction format on 30 May introduces competitive pressure, so pre-auction due diligence on comparable sales and a structural inspection is advised to avoid overpaying for a property that may need significant work.