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59 Victoria St

Kelvin Grove QLD 4059

6
3
810 m²
House
Currently for sale - view listing

Overview

Rare Multi-Unit Investment Opportunity!

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.

Features

6 bedrooms
3 bathrooms
810 m² lot size
House

Property history for 59 Victoria St

2017
Sold
$1,150,000
28 May 2017 by Robert Lamprecht, of Grow Property Group

Happy sellers in Kelvin Grove

88%
88% 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 31 reviews in Kelvin Grove over the last 12 months.

Local market activity for 6 bedroom houses in Kelvin Grove

In the last 12 months, 1 six-bedroom house similar to 59 Victoria St, have been sold.

This represents a 50% increase in six-bedroom houses sales when compared to the previous 12 months.

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