Property Details for 3/1 Arlott St, Gracemere
3/1 Arlott St, Gracemere is a 7 bedroom, 3 bathroom Unit with 3 parking spaces.
Last Listing description (January 2024)
These three units are on the same title meaning 1 rates notice and no Body Corporate fees.
With the growing demand in Gracemere for affordable rental opportunity this property has a lot of potential, this has been the case for the current long term tenants. This investment opportunity is in a safe area close to child care facilities, schools, shops, Police Station and the Gracemere Library. Easy drive in to Rockhampton as the road has been upgraded.
Upon inspection you'll find:
- 3 Bathrooms
- 3 Secure Car Accommodation
- Unit 3 Air-conditioned Main Bedroom and living room
- Unit 1 & 2 Air-conditioned living room
- Situated on a 811 m2 block
- Secure separate fenced yards for all units
Lease Terms;
Unit 1 $320 per week to 03/24
Unit 2 $370 per week to 02/25
Unit 3 $360 per week to 01/25
- Combined currently receiving $1050 per week.
TOTAL RENTAL: $1050pw/$54,600pa
Private inspections by appointment.
If you would like to take advantage of this investment opportunity or have any questions, please feel free to contact Michelle Roberts on 0423 266 911 or email michelle.roberts@cookeproperty.com.au
Property History for 3/1 Arlott St, Gracemere, QLD 4702
- 25 Mar 2022Listed for Sale Offers Over $750,000 Considered
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0About 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 5,030 properties. Over the last 5 years, Houses in Gracemere have seen a 106.29% increase in median value, while Units have seen a 19.85% increase. As at 31 October 2024:
- The median value for Houses in Gracemere is $544,778 while the median value for Units is $349,851.
- Houses have a median rent of $490 while Units have a median rent of $435.
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