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12 Russell Street, Gracemere, Qld 4702 For Sale
12 Russell Street, Gracemere, Qld 4702 12 Russell Street, Gracemere, Qld 4702-Image 12 Russell Street, Gracemere, Qld 4702-Image 12 Russell Street, Gracemere, Qld 4702-Image

12 Russell Street, Gracemere, Qld 4702

Value Offer $395,000

Residential Land
Type
799 m²
Area

Published on Wednesday, May 06, 2026 ( See property details for 12 Russell Street, Gracemere, Qld 4702)

Value Offer $395,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

Exceptional corner development site in central Gracemere offering versatile zoning and significant growth potential for residential, commercial, or mixed-use projects.

🏡 Property Highlights

  • Prime corner position in the heart of Gracemere’s thriving town centre
  • Level 799m² allotment with high-exposure development potential
  • Flexible District Centre Zone (DCZ) zoning for high-density residential or commercial use
  • Opportunity to acquire adjoining allotments for larger, consolidated development sites
  • Strong growth corridor with increasing infrastructure and demand
  • Potential for multi-level mixed-use development, including residential, commercial, or retail

✨ Key Features

  • Waterfront / Views
  • Open-Plan Living
  • Home Office / Study
  • Balcony
  • Garage
  • Air Conditioning
  • Ensuite
  • Outdoor Area
  • Built-in Robes
  • Security Screens / Gates

Gracemere is a rapidly expanding suburb with a strong demand for residential and commercial properties. Its strategic location near Rockhampton offers excellent infrastructure, increasing investment, and a vibrant community. The area benefits from ongoing development projects, making it an ideal location for future growth. With its high exposure sites and flexible zoning, Gracemere is a prime choice for developers seeking to capitalise on a thriving growth corridor.

What types of development are permitted on this site?
The site supports a wide range of outcomes including higher density residential, commercial or retail development, medical or consulting suites, mixed-use projects, and fast food outlets (subject to approvals).
Can I combine multiple adjoining allotments for a larger development?
Yes, there is an opportunity to secure adjoining allotments, with up to four lots available, creating a larger consolidated site for development.
What is the zoning for this property?
The property is zoned DCZ (District Centre Zone), allowing for high-density residential and commercial uses.
Are there any restrictions or approvals required for development?
Development will require relevant planning approvals from local authorities, and potential restrictions will depend on the specific development proposal and compliance with zoning regulations.
What infrastructure and amenities are available nearby?
The property is located in a growth corridor with increasing infrastructure, including roads, services, and amenities, all within close proximity to Rockhampton.
Are there any existing easements, covenants, or zoning restrictions that could impact development plans? What are the potential costs for obtaining necessary planning and building approvals? Are there any known environmental issues or site contamination concerns? Is there any nearby construction or planned development that could affect future use or value? What are the flood or bushfire risks associated with this location? Are there any strata or body corporate considerations if purchasing multiple adjoining lots? What are the current and future infrastructure plans that could influence property value? Are there any restrictions on the types of businesses or residential developments allowed on the site? What are the potential costs for connecting utilities and services to the site? Is the site compliant with all local planning and zoning regulations for the intended development?

12 Russell Street, Gracemere, Qld 4702 - More Details

Value Offer $395,000

This is not your average block!

Positioned in the heart of Gracemere’s thriving town centre and 12km from Rockhampton, this level 799m² corner allotment represents a rare opportunity to secure a high-exposure development site within the tightly held District Centre Zone.

With its premium corner position, this site offers outstanding access, visibility, and flexibility — ideal for a range of development outcomes. Please note that this is DCZ Zoning so that future usage will be for high-density residential to commercial use.

Offered to the market at $395,000

Scale Up Opportunity

Looking to expand your footprint? There is also an opportunity to secure one or multiple adjoining allotments with flexible District Centre Zoning (DCZ), offering outstanding scope for residential, commercial, or mixed-use development. With high exposure positioning, including the premium corner site, these allotments provide the scale, access, and zoning that developers actively seek but rarely find in one consolidated offering.

The adjoining 809m² allotment is also available, presenting a rare chance to secure a combined 1,608m² development site in a prime central location.

Additional adjoining lots may also be available, up to 4 lots in total (two with houses), totaling 3,234m2, creating the potential for an even larger aggregated holding. The owner is open to considering offers across two or more allotments, with clear advantages for buyers looking to amalgamate sites and unlock greater development scale.

DEVELOPMENT POTENTIAL

Zoned DCZ (District Centre Zone), the site supports a wide range of outcomes including:

• Higher density residential (units / apartments)

• Commercial or retail development

• Medical, consulting, or office suites

• Mixed-use projects (commercial ground floor with residential above)

• Fast food or drive-through (subject to approvals)

CONCEPTUAL DEVELOPMENT UPSIDE

Preliminary concepts indicate the site is well suited to:

• Multi-level mixed-use development

• Ground floor commercial activation

• Motel or 8–16 residential units (configuration dependent and (STCA)

• Efficient on-site parking via dual street access

The corner positioning enhances:

• Vehicle access and circulation

• Customer exposure for commercial tenancies

• Overall development efficiency

WHY GRACEMERE?

• Rapid population growth corridor

• Strong demand for residential accommodation

• Expanding commercial and service sector

• Proximity to Rockhampton (approx. 10 minutes)

• Increasing infrastructure and local investment

ENQUIRE TODAY

Opportunities to secure premium site corner positions on vacant land are extremely limited. This is prime property in a growth corridor. Act Now!

For further information, site details, or to discuss development potential:

Alan Cornick

0418 792 888

Leonie Wheeler

0428 199 930

DISCLAIMER: Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised.

Property Code: 1205
Type
Residential Land
Area
799 m²

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