43 Parkdale Street

Kedron QLD 4031

613 m²

Block of units

Currently for sale - view listing

Overview

THREE TENANTED UNITS. ONE STRATEGIC KEDRON HOLDING.

Connor and KH Real Estate present an increasingly rare opportunity to secure three separately titled units, offered together in one of Brisbane’s most connected inner north locations. Set on approximately 613m², 43 Parkdale Street provides an immediate, diversified income stream of $1,570 per week, with all three residences leased to long-term tenants who would love to remain. With no body corporate currently active, trusted contractors handling the common-area yard work and maintenance, and the flexibility of three individual titles, this is a holding that makes sense today while preserving genuine future potential. For investors, it is a well-positioned multi-income asset in a high-demand rental corridor. For developers and strategic buyers, it is a tightly held inner north landholding with multiple titles and longer-term scope to consider, subject to Brisbane City Council approval. Investment details: • Three separately titled units, offered together in one line • All units currently tenanted until varying dates in 2027 • Long-term tenants who would love to stay on • Combined rental income of $1,570 per week • Unit 1: $595 per week • Last rent increase: 1 July 2026 • Unit 2: $480 per week • Last rent increase: 6 February 2026 • Unit 3: $495 per week • Last rent increase: 1 July 2026 • Body corporate set up but is not currently active • Common-area yard work and maintenance managed by trusted, long-term contractors • Responsive upkeep arrangement designed to ensure common areas are maintained efficiently • Approximately 613m² allotment • Six car accommodation including three garages plus additional off-street parking • Future value-add or redevelopment potential, subject to relevant approvals Location advantages: • 1 minute walk to Parkdale Street bus stops, with services towards the Brisbane CBD and Chermside • 1km to The Prince Charles Hospital • 5km to Royal Brisbane and Women’s Hospital • 4km to Westfield Chermside • 8km to Brisbane CBD • Easy access to the Airport Link, Clem7 and major northern arterial roads • Within the Somerset Hills State School and Wavell State High School catchments • Close to Kedron State High School, Padua College, Mount Alvernia College and St Anthony’s Primary School Three titles, established income and an irreplaceable Kedron position. Contact Connor at KH Real Estate for the full tenancy and title information.