59-61 Victoria Street, Kelvin Grove, Qld 4059-Image

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59-61 Victoria Street, Kelvin Grove, Qld 4059

59-61 Victoria Street, Kelvin Grove, Qld 4059

Best Offers by 7th April

House

Type

Bedrooms

Bathrooms

810 m²

Area

Last updated on Monday, July 06, 2026 ( See property details for 59-61 Victoria Street, Kelvin Grove, Qld 4059)

Best Offers by 7th April

Lindsay Brown - Real Estate Agent - Kangaroo Point Residential - KANGAROO POINT

Lindsay Brown Director - Sales and New Business

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile and spacious triple-dwelling property on a large block in Kelvin Grove, offering strong rental income and development potential.

🏡 Property Highlights

Split into three self-contained dwellings for versatile living or investment options
Large 810sqm double block with proven capital appreciation
High rental yield of over $79,000 per annum with long-term tenants
Prime location within walking distance to Kelvin Grove Urban Village and QUT
Potential for development or further investment in a sought-after suburb
Multiple living and dining areas across three kitchens and bathrooms

✨ Key Features

Built-in Robes
Open-Plan Living
Waterfront / Views
Outdoor Area
Secure Parking
Pet-Friendly
Garage / Secure Parking
External Laundry
Balcony
High-Speed Ready

Suburb and Property Insights of Kelvin Grove, QLD 4059

Kelvin Grove is a vibrant inner-city suburb renowned for its proximity to Queensland University of Technology, Kelvin Grove Urban Village, and a variety of shopping and dining options. The area offers excellent public transport links, making it ideal for students, professionals, and families. With ongoing development and strong demand, Kelvin Grove provides a dynamic environment with promising growth potential. Its community-focused atmosphere and convenient amenities make it a highly desirable place to live and invest.

Frequently Asked Questions

What is the layout of the property and how are the dwellings separated?

The property is split into three self-contained dwellings, each with its own kitchen, bathroom, and living areas, providing versatile living or rental options.

What is the current rental income and occupancy status?

All three apartments are currently occupied by long-term tenants, generating a gross rental yield of over $79,000 per annum.

Are there development opportunities on this property?

Yes, the large double block offers potential for further development or subdivision, subject to council approval.

What amenities are nearby?

The property is within walking distance to Kelvin Grove Urban Village, Queensland University of Technology, shopping outlets, public transport, and schools.

Is the property suitable for investment purposes?

Absolutely, with its high rental yield, low vacancy rates, and strong demand in the area, it is an excellent investment opportunity.

What to ask about this property to agent?

Are there any zoning restrictions or easements affecting the property? Has the property been inspected for structural issues or pests? Are there any upcoming developments or planning applications in the area that could impact the property? What are the council rates and any additional costs associated with the property? Is there any history of flooding or bushfire risk in this location? Are there any strata or body corporate fees applicable if applicable? What are the terms of the current tenancy agreements? Are there any restrictions on future development or subdivision? Has the property been compliant with all building codes and regulations? Are there any planned infrastructure projects nearby that could affect the property’s value or accessibility?

59-61 Victoria Street, Kelvin Grove, Qld 4059 - More Details

Best Offers by 7th April

Type: House
Bedrooms: 6
Bathrooms: 3
Area: 810 m²

59-61 Victoria Street, Kelvin Grove, Qld 4059 - Point Of Interest

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Your Commute at a Glance: 59-61 Victoria Street, Kelvin Grove, Qld 4059

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59-61 Victoria Street, Kelvin Grove, Qld 4059

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