241 Gympie RoadKedron QLD 4031
Property Details for 241 Gympie Rd, Kedron
Last Listing description (January 2026)
Expressions of Interest
Zoned LMR2/3 Storey mix- with Commercial Upside
This high-exposure site offers a prime redevelopment opportunity, ideally positioned on 810sqm* across two titles with flexible zoning and strong fundamentals for immediate or future value creation.
Highlights:
LMR2/3 Zoning (Low-Medium Density Residential) - Potential for 5-6 townhouses (STCA)/Rooming accommodation
Existing commercial building (135sqm*) offers holding income with current tenancy (can be used for Accounting practice, Office space, Medical, Dental, Allied health, Physio etc)
Potential for mixed-use redevelopment combining residential with commercial/retail (STCA)
High-profile location with excellent signage and street presence
Ample onsite parking - up to 15 vehicles currently
Minutes to major Tunnel Network, key arterials, and public transport
Sold as going concern - reduce holding costs with existing income stream
Development Upside :
With a generous land size and LMR2 zoning, this site presents an ideal townhouse development site - preliminary assessments suggest a yield of 5-6 townhouses (STCA). Ability to generate income while planning, thanks to the existing commercial tenancy - a valuable edge in today's market.
Feel free to call Sid Arora on 0469831089 or email sid.arora@raywhite.com
Property History for 241 Gympie Rd, Kedron, QLD 4031
- 07 Nov 2025Sold for $1,500,000
- 15 Oct 2025Listed for Sale Contact Agent
- 21 Nov 2023Sold for $940,000
Recent sales nearby
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About Kedron 4031
The size of Kedron is approximately 3.5 square kilometres. It has 6 parks covering nearly 6.8% of total area. The population of Kedron in 2016 was 9359 people. By 2021 the population was 9907 showing a population growth of 5.9% in the area during that time. The predominant age group in Kedron is 30-39 years. Households in Kedron are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kedron work in a professional occupation.In 2021, 54.50% of the homes in Kedron were owner-occupied compared with 53.50% in 2016.
Kedron has 4,862 properties. Over the last 5 years, Houses in Kedron have seen a 93.96% increase in median value, while Units have seen a 119.48% increase. As at 30 April 2026:
- The median value for Houses in Kedron is $1,690,605 while the median value for Units is $876,763.
- Houses have a median rent of $750 while Units have a median rent of $578.
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