241 Gympie Road, Kedron, QLD 4031 sold on 07 November 2025 | OnTheHouse
 
SOLD
Sold on 07 Nov 2025 for $1,500,000

241 Gympie Road
Kedron QLD 4031

Bedrooms: -
Bathrooms: -
Car spaces: 16
Floor area: 105m2
Land area: 810m2
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Property Details for 241 Gympie Rd, Kedron

Building Type
Commercial
Floor Size
105m2
Land Size
810m2
Local Government
Brisbane
Lot/Plan
37/RP26121

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

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Property History for 241 Gympie Rd, Kedron, QLD 4031

A timeline of how this property has performed in the market
Last Sold
$1,500,000
07 Nov 2025
Listed for Rent
$747/w
25 Oct 2022
  • 07 Nov 2025
    Sold for $1,500,000
  • 15 Oct 2025
    Listed for Sale Contact Agent
  • 21 Nov 2023
    Sold for $940,000
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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 4,858 properties. Over the last 5 years, Houses in Kedron have seen a 92.97% increase in median value, while Units have seen a 103.57% increase. As at 31 December 2025:

  • The median value for Houses in Kedron is $1,541,441 while the median value for Units is $800,695.
  • Houses have a median rent of $680 while Units have a median rent of $550.
There are currently 10 properties listed for sale, and 12 properties listed for rent in Kedron on OnTheHouse. According to Cotality's data, 243 properties were sold in the past 12 months in Kedron.

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Sid Arora
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RWC QLD
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