6 Lorraine Court, Gracemere, Qld 4702

Here's your chance to secure a high-yield investment in the heart of Gracemere. Located at 6 Lorraine Court, this property comprises two strata-titled units—each with their own title, offering the potential for flexible ownership and future capital gains.

Key Features:
Unit 1: Currently returning $420 per week
Unit 2: Currently returning $400 per week
Land size: Generous 800m² block, providing ample space for future development or possible strata-split opportunities down the track
2 bedrooms, 1 bathroom per unit – designed for easy living and maximum rental appeal
Close proximity to schools, shopping centers, parks, and transport links – ensuring strong tenant demand and minimal vacancy
Why is This a Great Investment?
High Rental Return: The units are already generating solid rental income, with Unit 1 earning $420 per week and Unit 2 at $400 per week—a combined weekly rental income of $820. In today's market, this represents a fantastic return on investment.

Strata Titled: With separate titles for each unit, you have increased flexibility in your investment strategy. You can purchase them individually or simply purchase both for strong rental income. 

Capital Growth Potential: With a prime location near amenities such as schools, parks, and shopping, these units are well-positioned for long-term capital growth. The large 800m² block also offers the possibility for future development (subject to council approval), adding extra value down the road.

Low Maintenance: Each unit is self-contained with separate amenities, making for easy tenant management and minimal maintenance. Strata living also means shared responsibility for external maintenance, reducing costs for owners.

Desirable Location: Gracemere is a growing area with increasing demand for rental properties. The close proximity to key services, parks, and transport options makes these units an attractive option for tenants, ensuring a steady and reliable income stream.

A Rare Find

With rental returns this high and the flexibility offered by strata titles, this property won't last long. Whether you're looking to expand your portfolio or searching for your next cash-flow positive asset, 6 Lorraine Court is the opportunity you've been waiting for.

Call today to secure this fantastic investment before it’s gone! 

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.