59-61 Victoria Street, Kelvin Grove QLD 4059

AUD 3,500,000
For Sale

Property Details

Bedrooms

6

Bathrooms

3

Property Type

House

Description

Property Details: • Type: House

• Bedrooms: 6 • Bathrooms: 3

Description: 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.

Location

Address

59-61 Victoria Street, Kelvin Grove QLD 4059

City

Kelvin Grove

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