Positioned within one of Graceville's most tightly held and picturesque pockets, 48 Rakeevan Road presents an exceptional opportunity to secure a charming character home in a blue-chip lifestyle location. This classic two-bedroom residence showcases all the warmth and appeal of a traditional Queenslander, complemented by a functional layout suited to modern living. Inside, the home offers two well-proportioned bedrooms, a central bathroom and a light-filled living and dining arrangement. At the front of the home, an enclosed verandah provides valuable additional space – ideal as a home office, study or relaxed sitting area, perfectly catering to today's flexible lifestyle needs. Set on an elevated allotment of approximately 405m², the home offers immediate comfort while also presenting outstanding scope to renovate, extend or raise (STCA), capitalising on the strong underlying land value and continued growth of the area. With character zoning in place, the property sits within a pocket defined by beautiful period homes and high-quality renovations. Rakeevan Road itself is widely regarded as one of Graceville's most desirable and tightly held streets as it offers an exceptional lifestyle. Just moments away, the vibrant Honour Avenue precinct provides a selection of popular cafés and dining options, including the much-loved Hunter and Scout and Three Girls Skipping, offering everything from relaxed brunches to quality coffee and boutique dining experiences. For commuters, convenience is second to none, with Graceville Railway Station just a short stroll away, providing direct access to the Brisbane CBD approximately 10km away. This easy connectivity, combined with the suburb's village feel, continues to underpin strong buyer demand. Graceville itself is one of Brisbane's most sought-after inner-west suburbs, prized for its character homes, leafy streets, proximity to the river and strong community atmosphere. With continued growth and limited supply, opportunities in locations of this calibre are becoming increasingly rare. Whether you are looking to move straight in, renovate or secure a blue-chip landholding in an elite street, 48 Rakeevan Road represents a compelling opportunity in the heart of Graceville.
RealistIQ deal score
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RealistIQ estimate available
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RealistIQ estimate range: $1,171,000 - $2,222,000Wider ranges mean more uncertainty.
RealistIQ estimate$1,697,000
$1,171,000$2,222,000
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