24A Lorimer Terrace, Kelvin Grove, Qld 4059

Bedrooms
5
Bathrooms
4
Parkings
5
Area
1318m2
Type
House

Last updated on Monday, February 26, 2024

$1,875,000

24A Lorimer Terrace, Kelvin Grove, Qld 4059 - More Details

$1,875,000

24a Lorimer Terrace, Kelvin Grove, is a versatile gem that opens doors to a multitude of possibilities. Whether you're looking to embark on a development venture or seeking a savvy multi-income investment, 24a Lorimer Terrace has it all.

Development Potential:
Zoned as LMR2, this pre-existing post-war home holds immense development potential. The option to demolish the existing structure paves the way for an exciting range of possibilities. The canvas is yours to transform and redefine according to your vision.

Multi-Income Investment:
Alternatively, if you're considering an investment strategy, the property has already been intelligently reconfigured into four separate flats, ensuring a steady stream of rental income and the potential for future growth. Each flat is designed to cater to modern living standards, offering convenient layouts and amenities.

Flat 1: 1 Bedroom, 1 Bathroom, 1 Car
Flat 2: 1 Bedroom, 1 Bathroom, 1 Car
Flat 3: 1 Bedroom, 1 Bathroom, 1 Car
Flat 4: 2 Bedrooms, 1 Bathroom, 1 Car

Gross Rental: $99,060
Rates: $1,824/quarter
Utilities: $1,428/quarter

Prime Location:
Situated in the heart of Kelvin Grove, this property is a stone's throw away from several local destinations, ensuring a vibrant and convenient lifestyle:

- 300 meters from Kelvin Grove State College
- 500 meters to QUT Kelvin Grove Campus
- 800 meters to Kelvin Grove Urban Village
- 700 meters away from Victoria Park Complex
- 2km drive to Brisbane (Boys & Girls) Grammar School
- 2km to the bustling Brisbane CBD
- 2km to the Royal Brisbane Hospital

Contact one of our listing agents for more information and for a time to inspect the property!
Type
House
Bedrooms
5
Bathrooms
4
Parkings
5
Area
1318m2

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24A Lorimer Terrace Kelvin Grove QLD 4059

Property FAQs

How many bedrooms does the property listed 24A Lorimer Terrace, Kelvin Grove, Qld 4059 feature?

24A Lorimer Terrace, Kelvin Grove, Qld 4059 is a 5 bedroom House.

What are the standout features of the 24A Lorimer Terrace, Kelvin Grove, Qld 4059?

Explore all key property features for 24A Lorimer Terrace, Kelvin Grove, Qld 4059. Click here to find out more.

What is the total land area and built-up area of the 24A Lorimer Terrace, Kelvin Grove, Qld 4059?

The total land area and built-up area of the 24A Lorimer Terrace, Kelvin Grove, Qld 4059 have not been disclosed. To find detailed information on the total land area and built-up area, contact the agent.

How many vehicles can be accommodated in the parking area of the 24A Lorimer Terrace, Kelvin Grove, Qld 4059?

24A Lorimer Terrace, Kelvin Grove, Qld 4059 can accommodated 5 vehicles in the parking area.

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