44/86 Grace Street, Wulkuraka, Qld 4305

The owners have purchased elsewhere and are ready to sell this impressive 165m², 3-bedroom + study nook, 2.5-bathroom, 2-car townhouse within the established Grace Street Estate.

Offering significantly more space and specification than many townhouses in this price range, this property combines generous proportions with a range of features rarely found at this level.

From the 2.7-metre ceilings and ducted air-conditioning through to the ducted vacuum system, floor-to-ceiling bathroom tiling and separate upstairs study nook / second living area, this is a townhouse designed with comfort and practicality in mind.

The property is currently leased at $550 per week, with the current tenancy due to end in December 2026.

This creates an excellent opportunity for both owner-occupiers and investors.

An owner-occupier can secure the property now and plan to move in once the current tenancy concludes. Depending on settlement timing, a buyer may also be comfortable settling earlier, receiving the rent for the remaining tenancy period and then taking possession once the tenants vacate.

For investors, the property provides immediate rental income, with an estimated future rental range of approximately $600–$620 per week once the current lease expires, subject to market conditions at the time.

Property Features
Generous 165m² townhouse
3 bedrooms
Separate upstairs study nook / second living area
2.5 bathrooms
Genuine 2-car accommodation
Ducted air-conditioning
Ducted vacuum system
Impressive 2.7-metre ceilings
Floor-to-ceiling bathroom tiling
Spacious open-plan living and dining
Well-appointed kitchen
Private outdoor area
Low-maintenance townhouse living
Currently leased at $550 per week
Current lease ends December 2026
Estimated future rental potential of approximately $600–$620 per week
Suitable for both owner-occupiers and investors
Why This Property Stands Out
Many townhouses offer three bedrooms and a garage.

This one offers considerably more.

With 165m² of internal space, an additional upstairs living/study zone, high ceilings, ducted air-conditioning, premium bathroom finishes and two-car accommodation, the property provides the space and comfort normally associated with a much more expensive home.

The flexible tenancy position also gives buyers options. Purchase now, receive rental income in the short term and move in once the tenancy ends, or retain the property as an investment and review the rent at the end of the current lease.

For further information or to arrange an inspection, contact Adam Rizzo 0430343611

Type

Townhouse

Bedrooms

3

Bathrooms

2

Parkings

2

Area

158 m²

Study

1

House Size

165 m²