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82 Lucas Street, Gracemere$600,000
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82 Lucas Street

Gracemere, QLD 4702, Australia
$600,000
1.11 ha

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About this property

An exciting opportunity is available to secure the rear portion of 82 Lucas Street, offering a substantial land holding with future development potential, subject to the required works and final allocation process. The property is currently in the early stages of approved subdivision/development layout, with plans showing the proposed allocation of multiple lots. Please note, further works and requirements are to be completed prior to any formal allocation of these lots. This opportunity may suit buyers, developers, builders or investors looking for a larger land parcel with potential future upside in a growing residential location. The attached plan has been recreated from an actual council plan and is accurate to the best of our ability. It is provided as a guide only. Official council documentation can be supplied upon request. Key points: - Located at the rear of 82 Ludgers Street - Potential future lot allocation shown on supplied plans - Early-stage development opportunity - Further works required prior to formal lot allocation - Suitable for developers, builders or landbank buyers - Official documentation available upon request This is a unique opportunity with genuine potential, however buyers are encouraged to make their own enquiries and speak directly with the agent to fully understand the current position, required works and future possibilities. For further information, or to discuss the opportunity in more detail, please contact Team Reid today.

Property Details

Property Type
land
Listing Type
For Sale
Land Area
1.11 ha
Listed
2 months ago

Repayment calculator

$2,909/month
$1,454 /fortnight
Loan $480,000 at 6.10% over 30 years

Upfront costs

Deposit$120,000
Stamp duty$20,025
Conveyancing (est.)$2,000
Total upfront$142,025
Verify with QLD revenue office →
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 land in Gracemere, QLD 4702 sits within reach of public transport, local shops and nearby schools. It is listed 14% below the $695,000 median of 66 comparable landswithin 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)2.6 km away
  • Gracemere's Hidden Treasure2.6 km away
  • Unnamed766 m away
  • Unnamed929 m away
  • Unnamed944 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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Suburb market

Suburb price trend

Gracemere price trend

Median sold · House 4 bed

Compound growth +18.0% / yr over 4 yrs

$680kcurrent median

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Price history

Price history

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1 price change recorded for this property

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