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1/16 Thomas Street, Gracemere$490,000

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For Saleduplex

1/16 Thomas Street

Gracemere, QLD 4702, Australia

$490,000

3 bed 1 bath 1 car112 m²

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About this property

This well-built brick duplex offers comfortable, low-maintenance living with the bonus flexibility of a strata-titled second unit, all set on a generous 1217m² block. 3 bedrooms, all with fans and built-in robes Air conditioning to the main bedroom and living area Security screens throughout for peace of mind Spacious kitchen designed for those who love to cook Solar hot water system Lowset brick duplex, strata titled opportunity to purchase one or both units Unit 2 features a second bathroom as an ensuite and is currently tenanted month-to-month Unit 2 priced at Offers Over $499,000 With its solid construction, practical layout, and investment potential, this is a property worth seeing for yourself. Contact me today to arrange a private inspection.

Property Details

Property Type: duplex
Listing Type: For Sale
Bedrooms: 3
Bathrooms: 1
Parking: 1
Land Area: 112 m²
Listed: 2 weeks ago

Repayment calculator

$2,375/month

$1,188 /fortnight

Loan $392,000 at 6.10% over 30 years

Upfront costs

Deposit$98,000

Stamp duty$15,575

Conveyancing (est.)$2,000

Total upfront$115,575

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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Gracemere

This 3-bedroom duplex in Gracemere, QLD 4702 sits within reach of public transport, local shops and nearby schools. It is listed 29% below the $689,000 median of 66 comparable duplexswithin 5 km.

Schools near Gracemere

Gracemere State Schoolprimary · Prep-6 · CoEd
St Paul's Catholic Primary Schoolprimary · Prep-6 · CoEd
Waraburra State Schoolprimary · Prep-6 · CoEd

What's nearby

Unnamed (bus) — 572 m away
Gracemere's Hidden Treasure — 341 m away
Unnamed — 162 m away
Christy Seierup Park — 529 m away
Rememberance Park — 546 m away

Gracemere at a glance

Full suburb profile

Population: 12,023
Median age: 32
Household income: $1,711/wk
Median rent: $340/wk
Median mortgage: $1,517/mo

Source: ABS Census.

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