5 Leichhardt Drive, Gracemere, Qld 4702

Offers over $689,000

House
Type
4
Bedrooms
2
Bathrooms
4
Parkings
636 m²
Area

Published on Thursday, July 30, 2026 ( See property details for 5 Leichhardt Drive, Gracemere, Qld 4702)

Offers over $689,000

Sylvia Godwin Rural & Residential Sales & Marketing Consultant
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A practical four-bedroom family home in Gracemere offering immediate rental income and future growth potential.

🏡 Property Highlights

  • Immediate rental income of $540 per week with potential to increase to $600-$630.
  • Well-maintained four-bedroom family home in a convenient location.
  • Functional open-plan living and dining area ideal for family living.
  • Master bedroom with ensuite for added privacy and comfort.
  • Located close to schools, shopping, parks, and essential amenities.
  • Established residential area with growth potential in Gracemere.

✨ Key Features

  • Four-bedroom home
  • Two bathrooms
  • Ensuite
  • Open-Plan Living
  • Practical kitchen layout
  • Garage
  • Built-in Robes
  • Close to schools
  • Close to shopping
  • Local amenities
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5 Leichhardt Drive
Gracemere, QLD 4702
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Vertical aerial view — 5 Leichhardt Drive
5 Leichhardt Drive — Vertical Aerial  •  Gracemere, QLD 4702  •  Nearmap © 2026

Gracemere is a growing suburb known for its family-friendly environment, excellent local amenities, and strong community spirit. It offers convenient access to schools, shopping centres, parks, and public transport, making it an ideal location for both families and investors seeking long-term growth. The area benefits from ongoing development and infrastructure improvements, ensuring continued value appreciation.

What is the condition of the property and are there any recent renovations?
The property is well-maintained with a functional layout, and while no recent renovations are specified, it is move-in ready and suitable for immediate occupancy or rental.
What are the ongoing costs associated with owning this property?
Ongoing costs typically include council rates, insurance, maintenance, and property management fees if applicable. Specific costs should be confirmed with the current owner or agent.
Is the property suitable for future development or subdivision?
The property is situated on a 636 m² block in an established residential area, and any development or subdivision potential should be verified with local council planning regulations.
Are there any zoning restrictions or easements affecting the property?
Zoning and easements details can be obtained from the local council; it is recommended to review these before proceeding with any plans.
What is the history of the property's rental performance?
The property is currently leased at $540 per week until early November, with a rental appraisal indicating potential to increase to $600-$630 per week.
Are there any upcoming or planned developments in the area that could affect the property's value or livability? Has the property been inspected for structural issues, pests, or other defects? Are there any restrictions or covenants on the property that could limit future modifications? What are the strata or body corporate fees if applicable? Is the property located in a flood or bushfire-prone area, and what are the associated risks? Are there any easements or rights of way registered on the title that could impact use? What are the long-term rental demand and vacancy rates in the area? Are there any planned infrastructure projects nearby that could cause noise or disruption? What are the total estimated costs including stamp duty, legal fees, and other purchase expenses? Is the property compliant with all current building and safety regulations?

5 Leichhardt Drive, Gracemere, Qld 4702 - More Details

Offers over $689,000

Type
House
Bedrooms
4
Bathrooms
2
Parkings
4
Area
636 m²

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