59-61 Victoria Street
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About this property
Perched high on a wide and quiet street in Kelvin Grove, this 810sqm pre-war property offers a rare opportunity for investors and those looking to develop. Split into three self contained dwellings, this unique residency has six bedrooms, three kitchens, three bathrooms and multiple dining and living areas. The property provides a compelling rental yield and the large double block has proven capital appreciation year on year. All three apartments are currently occupied with long-term residents, and with high local demand, buyers can have confidence in very low rates of future vacancy. The property currently has a gross rental yield of $79,257.14 p.a. Within walking distance of Kelvin Grove Urban Village, Queensland University of Technology, various shopping outlets, public transport and schools, this captivating property has all of the attributes and nearby amenities required to make it a strong contender for future growth. Contact Lindsay Brown at Kangaroo Point Residential to arrange your inspection today. Disclaimer: Kangaroo Point Residential have made every effort to ensure the information contained in this advertising is true and accurate, but accept no responsibility or liability with respect to errors, omissions, inaccuracies or misstatements. Prospective buyers should make their own enquiries to confirm the information within this advertisement is correct.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 6
- Bathrooms
- 3
- Land Area
- 810 m²
- Listed
- 2 months ago
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Neighbourhood
Living in Kelvin Grove
This 6-bedroom house in Kelvin Grove, QLD 4059 sits within reach of public transport, local shops and nearby schools.
Schools near Kelvin Grove
- Kelvin Grove State Collegecombined · Prep-12 · CoEd
- Compass Independent Schoolprimary · Prep-7 · CoEd
- Queensland Academy for Creative Industriessecondary · 10-12 · CoEd
What's nearby
- Windsor Rd at Red Hill, stop 8 (bus) — 139 m away
- Thrift Shop and Eternity Boutique — 161 m away
- Marshall Park — 322 m away
- Unnamed — 356 m away
- McCaskie Park — 453 m away
Kelvin Grove at a glance
Full suburb profile- Population
- 7,909
- Median age
- 28
- Household income
- $1,670/wk
- Median rent
- $400/wk
- Median mortgage
- $2,000/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Kelvin Grove price trend
Median sold · House 3 bed
Compound growth +7.9% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Kelvin Grove marketSide-by-side analysis
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