6 Lorraine Ct, Gracemere is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 2003. The property has a land size of 801m2 and floor size of 77m2.
Here's your chance to secure a high-yield investment in the heart of Gracemere. Located at 6 Lorraine Court, this property comprises two strata-titled unitseach with their own title, offering the potential for flexible ownership and future capital gains.
Key Features:
Unit 1: Currently returning $420 per week
Strata Titled: With separate titles for each unit, you have increased flexibility in your investment strategy. You can purchase them individually or simply purchase both for strong rental income.
Capital Growth Potential: With a prime location near amenities such as schools, parks, and shopping, these units are well-positioned for long-term capital growth. The large 800m block also offers the possibility for future development (subject to council approval), adding extra value down the road.
Low Maintenance: Each unit is self-contained with separate amenities, making for easy tenant management and minimal maintenance. Strata living also means shared responsibility for external maintenance, reducing costs for owners.
Desirable Location: Gracemere is a growing area with increasing demand for rental properties. The close proximity to key services, parks, and transport options makes these units an attractive option for tenants, ensuring a steady and reliable income stream.
A Rare Find
With rental returns this high and the flexibility offered by strata titles, this property won't last long. Whether you're looking to expand your portfolio or searching for your next cash-flow positive asset, 6 Lorraine Court is the opportunity you've been waiting for.
Call today to secure this fantastic investment before its gone!
Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspections or otherwise.
The size of Gracemere is approximately 70.0 square kilometres. It has 13 parks covering nearly 1.3% of total area. The population of Gracemere in 2016 was 11315 people. By 2021 the population was 12023 showing a population growth of 6.3% in the area during that time. The predominant age group in Gracemere is 0-9 years. Households in Gracemere are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Gracemere work in a trades occupation.In 2021, 58.60% of the homes in Gracemere were owner-occupied compared with 53.10% in 2016.
Gracemere has 5,056 properties. Over the last 5 years, Houses in Gracemere have seen a 121.71% increase in median value, while Units have seen a 111.05% increase. As at 28 February 2026:
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