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

59-61 Victoria Street, Kelvin Grove, Qld 4059

Best Offers by 7th April

House
Type
6
Bedrooms
3
Bathrooms
810 m²
Area

Last updated on Wednesday, August 26, 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-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

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.

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.
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

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.
Type
House
Bedrooms
6
Bathrooms
3
Area
810 m²

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