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Back 4/40 Ramsgate St
Off Market

4/40 Ramsgate St

Kelvin Grove QLD 4059

2
2
1
107 m²
107 m²
Apartment
Last sold for $409,000
Josh PeakeJosh Peake, last sold this property on 10 July 2021 after 85 days on market.

Overview

The ideal investment property boasting 5.46% return in coveted Urban Lifestyle locale

The perfect investment opportunity. Also, can be available to occupy in January 2022. Offering a convenient and modern lifestyle, this oversized apartment in The Theodore building is an amazing buy and represent fantastic value. With an ideal Northerly aspect and located on the easy to access podium level, offering the largest balconies of all levels in this stunning building. This well designed highly functional residence incorporates floor to ceiling windows and is extra spacious. Apartment features: * Located on level 1 and area of approximately 107 m2 * Tenanted to 26 January 2022 * Rented for $440 per week * Spacious main bedroom including walk in wardrobe and ensuite, fan and split system air conditioning * Bedroom two includes walk through robe and ensuite * Open plan living and dining area with extra-large balcony * Internal laundry * Modern kitchen includes stainless steel appliances, stone bench tops, gas cooktop and quality oven * Study nook, ideal to work from home * Secure, undercover car space * Private Rooftop Terrace with BBQ area * Large Pool Area * Secure access plus onsite manager Kelvin Grove is highly sought after by a wide array of investors and owner occupiers seeking to own or live close to Kelvin Grove State College, the Brisbane CBD, QUT - Queensland University of Technology, RBWH - Royal Brisbane Women's Hospital, The Victoria Park Golf Course and nearby prestigious schools including Brisbane Grammar Schools and St Joseph's College, Gregory Terrace. Kelvin Grove is a leafy quiet suburb and experienced strong growth in house prices over the past number of years with buyers taking advantage of the close proximity to the Brisbane CBD. The infrastructure boom over the past several years has benefited Kelvin Grove immensely, including the Kelvin Grove Urban Village home to Woolworths, cafes, restaurants, and shops. Cross River rail promises the new 'Exhibition' Train Station nearby. The Village hosts the popular weekly Farmers markets. The area offers excellent public transport options including buses, train and bike paths and well as direct access to the Inner City Bypass (ICB). Josh makes buying your investment property or home easy and stress free, feel free to call Josh today to arrange an inspection of this amazing property.

Features

2 bedrooms
2 bathrooms
1 carspace
1 open car space
107 m² floor area
107 m² lot size
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Kelvin Grove over the last 12 months, the estimated median property value of 4/40 Ramsgate St is $862.5k.

Median value
$862.5k
Estimated value range
$689k - $1.16m
Median days on market
18
Estimated value trend
18%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Kelvin Grove. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 4/40 Ramsgate St

2021
Sold
$409,000
10 Jul 2021 by Josh Peake, of Calibre Real Estate
2018
Rented
Undisclosed
Leased on 04 Apr 2018 by Calibre Real Estate
2018
Rented
Undisclosed
Leased on 04 Apr 2018 by Calibre Real Estate

Happy sellers in Kelvin Grove

87%
87% of sellers in Kelvin Grove reported that their sale price either exceeded or met their price expectations.

Kelvin Grove stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 23 reviews in Kelvin Grove over the last 12 months.

Local market activity for 2 bedroom apartments in Kelvin Grove

In the last 12 months, 33 two-bedroom apartments similar to 4/40 Ramsgate St, have been sold.

This represents a 40% increase in two-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Kelvin Grove

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Alan Woo

Sellers who recommend Alan Woo have praised them for being clear communication, local expert, responsive, supportive, honest, reliable and well-prepared

  •   4.9   (167 reviews)
  •  4 Reviews in Kelvin Grove
  •  13 Sales in Kelvin Grove
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Sam Alroe

Sam Alroe is a recommended agent for Kelvin Grove.  They have 9 local sales and collected 3 local reviews across the last 12 months.

  •   4.8   (20 reviews)
  •  3 Reviews in Kelvin Grove
  •  9 Sales in Kelvin Grove
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Tamara Lee

Tamara Lee is a recommended agent for Kelvin Grove.  They have 5 local sales and collected 3 local reviews across the last 12 months.

  •   4.9   (279 reviews)
  •  3 Reviews in Kelvin Grove
  •  5 Sales in Kelvin Grove
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Sonya Browne

Sellers who recommend Sonya Browne have praised them for being clear communication, local expert, responsive, friendly, reliable, hard-working and supportive

  •   4.9   (252 reviews)
  •  3 Reviews in Kelvin Grove
  •  1 Sale in Kelvin Grove
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