OFF MARKET

12A/12B Govind Court
Gracemere QLD 4702

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Land area: 601m2
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Property Details for 12a/12b Govind Ct, Gracemere

12a/12b Govind Ct, Gracemere is a 4 bedroom, 3 bathroom Unit with 2 parking spaces. The property has a land size of 601m2.

Building Type
Unit
Land Size
601m2
Local Government
Rockhampton Regional

Last Listing description (October 2024)

Welcome to 12 Govind Court, Gracemere, a prime example of modern dual occupancy living that perfectly caters to todays lifestyle. This property offers exceptional flexibility, making it ideal for investors or multigenerational families.

Property Features:
12A - Spacious Family Home:

3 Bedrooms: Generously sized rooms with built-in wardrobes.
1 Bathroom: Modern fixtures and finishes, featuring a separate shower and bath.
Open-Plan Living: Bright and airy living area seamlessly connects to the kitchen and dining space.
Private Outdoor Area: Enjoy a low-maintenance backyard, perfect for entertaining or relaxing.

12B - Investment Opportunity or Granny Flat
1 Bedroom: Comfortable bedroom with ample natural light.
1 Bathroom: Stylishly designed for comfort and convenience.
Compact Kitchen: Efficient layout ideal for easy meal prep.
Private Entrance: Separate access for tenant privacy.

Location: Situated in a quiet cul-de-sac, 12 Govind Court offers a serene environment while being conveniently close to essential amenities. Enjoy easy
access to:
- Local schools and childcare centers
- Parks and recreational facilities
- Shopping hubs and dining options
- Public transport links for hassle-free commuting

Investment Potential: This dual occupancy presents an excellent opportunity for long-term growth. With the potential for a combined rental yield of approximately 6.2%+, 12 Govind Court is an attractive investment. The flexibility of two distinct living spaces caters to various tenants, ensuring steady rental income.

As the area continues to develop and flourish, your investment here is poised for appreciation, making it a smart choice for the future.

Dont miss out on this unique opportunity! Unlock your investment potential today!

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 inspections or otherwise.

Property History for 12a/12b Govind Ct, Gracemere, QLD 4702

A timeline of how this property has performed in the market
  • 01 Oct 2024
    Listed for Sale Price Guide $620,000 - $680,000

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About Gracemere 4702

The size of Gracemere is approximately 70 square kilometres. It has 13 parks covering nearly 1.3% of total area. The population of Gracemere in 2011 was 8,400 people. By 2016 the population was 11,317 showing a population growth of 34.7% in the area during that time. The predominant age group in Gracemere is 0-9 years. Households in Gracemere are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gracemere work in a trades occupation. In 2011, 63.8% of the homes in Gracemere were owner-occupied compared with 53.1% in 2016.

Gracemere has 5,060 properties. Over the last 5 years, Houses in Gracemere have seen a 100.14% increase in median value, while Units have seen a 23.43% increase. As at 30 September 2024:

  • The median value for Houses in Gracemere is $528,181 while the median value for Units is $332,024.
  • Houses have a median rent of $480 while Units have a median rent of $425.
There are currently 40 properties listed for sale, and 19 properties listed for rent in Gracemere on OnTheHouse. According to CoreLogic's data, 414 properties were sold in the past 12 months in Gracemere.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.