Back 163 George Street
Off Market

163 George Street

Kippa-Ring QLD 4021

4
2
2
617 m²
Block of units
Leisa LoweLeisa Lowe, last sold this property on 01 September 2025 after 123 days on market.

Overview

INVESTOR ALERT- 2 UNITS

Rarely available in a prime location is a solidly brick-built Duplex with double income attached. Welcome to 163 George Street, Kippa-Ring – a rare opportunity to secure a well-located 2 x 2 bedroom complex on a generous 617m² block in the heart of the Redcliffe Peninsula. Whether you're a savvy investor seeking solid returns or looking for an instant income to live in one and rent the other out, this property ticks all the boxes. Each side of the duplex offers two comfortable bedrooms with built-in wardrobes, good size open living areas, spacious functional kitchens featuring electric cooktops. Each unit comes with their own bathroom which is practical and has the space to reconfigure if you choose. The added bonus of these units is the large laundry room at the rear of the property that has a divide and is perfect for extra storage. Garaging is not an issue here for your tenants as there is a double carport down one side of the complex and the backyards are open and spacious and have the potential to create courtyards for each one. There is so much potential to modernize and upgrade this complex to grow your rental income. With its location only 3 mins walk to shops, Kippa-Ring train station and public transport. You are in the hub of the Redcliffe Peninsula and its popular location. Important information containing to this property are: Electricity is individually metered Both units are currently home to long standing tenants and they understand that they may have to move on. Unit 1 returns $335 per week, and Unit 2 returns $375 per week, offering immediate rental income from day one. Both are on periodic leases, providing the flexibility to either continue as an investment or issue the required 60 days' notice for vacant possession and unlock the site's full potential. Last increase on rents for Unit 1 was 19/11/2025, Last increase on Unit 2 rents was 14/03/2025, Water Rates aprox per Quarter $650.00 1 meter in total Rates per Quarter are aprox $1005.00 More importantly this Duplex has never been offered for sale and is now available to you to purchase. Leisa Lowe is ready to show you through your new property just telephone her on 0438 801 298 to book your inspection. Disclaimer: This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty of representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries Property Code: 2357

Features

4 bedrooms
2 bathrooms
2 carspaces
2 carport spaces
617 m² lot size
Block of units

Estimated Value

We need at least 3 similar 4 bedroom block of units sold in Kippa-Ring over the last 12 months.

Property history for 163 George Street

2025
Rented
Undisclosed
Leased on 02 Oct 2025 by Ray White Woody Point
2025
Sold
Undisclosed
01 Sep 2025 by Leisa Lowe, of Jan Jones Real Estate

Happy sellers in Kippa-Ring

86%
86% of sellers in Kippa-Ring reported that their sale price either exceeded or met their price expectations.

Kippa-Ring stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 33 reviews in Kippa-Ring over the last 12 months.

Local market activity for 4 bedroom block of units in Kippa-Ring

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