63/40 Ramsgate Street, Kelvin Grove, QLD 4059 sold on 20 January 2025 | OnTheHouse
SOLD
Sold on 20 Jan 2025 for $935,000

63/40 Ramsgate Street
Kelvin Grove QLD 4059

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 100m2
Land area: 119m2
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Property Details for 63/40 Ramsgate St, Kelvin Grove

63/40 Ramsgate St, Kelvin Grove is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2013. The property has a land size of 119m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in January 2025. There are other 3 bedroom Unit sold in Kelvin Grove in the last 12 months.

Building Type
Unit
Year Built
2013
Floor Size
100m2
Land Size
119m2
Local Government
Brisbane
Lot/Plan
63/SP215067

Last Listing description (January 2025)

Offering a private and modern lifestyle in an unbeatable location, this oversized three-bedroom apartment at the much sought after Theodore Apartments is a fantastic buy. The thoughtful, open plan layout promotes ultimate use of space with tons of natural lighting exuding through the property.

Apartment Features:
- Total area of 119sqm (excl. carparks and storage).

- Located on level 7.
- Tandem carpark for 2 vehicles plus storage cage.
- Master bedroom is very spacious and includes a ceiling fan and split system reverse cycle air conditioning unit, wardrobe and direct access to the balcony.
- Other two bedrooms also have ceiling fans and air-conditioning as well as wardrobes.
- Light filled open plan living and dining space, opening up to the large balcony.
- Modern design kitchen includes elevated stone benchtop, and stainless-steel appliances.
- Two modern bathrooms with an en-suite to the master bedroom.
-Common bathroom has a bathtub.
- Separate laundry area and plenty of storages with numerous linen cupboards.
- Onsite management and security access.

Disclaimer: Please note that furniture have been digitally added to the internal of the apartment after photography has been undertaken.

Complex Features:
Theodore Apartments is an architecturally designed complex built to embody and reflect the Queensland lifestyle. Made up of 69 apartments, the building includes a swimming pool and an expansive barbeque and relaxation area with two levels of secure basement parking and entrances, also includes storage cages. This is a secure building, with intercom access from the front door and basement.

The Location:
Kelvin Grove has become a popular suburb for a range of people wishing to live close to Brisbane City, Queensland University of Technology (QUT), Kelvin Grove State College (ranked top 5 in Brisbane) and the Royal Brisbane Hospital. Located less than 2.5km northwest of Brisbane's CBD, it is a hilly and pretty suburb. It has experienced good growth in median house prices over the past five years as buyers have taken advantage of the suburb's proximity to the city.

It is walking distance to Victoria Park, the largest inner-city greenspace, with 64 hectares of open space, perfect to have a picnic, kick the footy, climb trees, have a game of putt putt or walk your four-legged friends. With the 2032 Olympics now officially confirmed, this is also an outstanding opportunity to live in the heart of Herston and only 8mins drive from the CBD and benefit from future capital growth.

Kelvin Grove has had an infrastructure boom over the last 8 -10 years with the development of the Kelvin Grove Village. The village is home to many shops, cafes, restaurants and a Woolworths. The Village is also the site of the weekly Kelvin Grove Farmers markets - a popular attraction of the suburb. Well serviced by buses with easy access to the city along Kelvin Grove Road and other major roads, Kelvin Grove will continue to attract residents and tenants.

Alan makes buying real estate simple and stress free, so call Alan today to arrange an inspection to view this amazing home.

**Disclaimer**

Whilst all reasonable attempts have been made to verify the accuracy of the information provided, the Selling agents confirm that they cannot guarantee accuracy of the same and accept no liability (express or implied)in the event that any information contained in the document or provided within is inaccurate. Parties must ensure they make their own due diligence enquiries to satisfy themselves about the accuracy of the information. This information provided is indicative only and must not be relied upon unless confirmed by a party through their own due diligence.

Place Real Estate acknowledges the traditional custodians of the land on which we deliver our services. We pay respects to Elders past, present and emerging and recognise their cultural heritage, beliefs, and relationships with the land.

Property History for 63/40 Ramsgate St, Kelvin Grove, QLD 4059

A timeline of how this property has performed in the market
Last Sold
$935,000
20 Jan 2025
Listed for Rent
$650/w
21 Dec 2011
  • 20 Jan 2025
    Sold for $935,000
  • 17 Dec 2024
    Listed for Sale For Sale Now
  • 26 Oct 2012
    Sold for $615,000
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About Kelvin Grove 4059

The size of Kelvin Grove is approximately 1.7 square kilometres. It has 12 parks covering nearly 7.5% of total area. The population of Kelvin Grove in 2016 was 7927 people. By 2021 the population was 7909 showing a population decline of 0.2% in the area during that time. The predominant age group in Kelvin Grove is 20-29 years. Households in Kelvin Grove are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kelvin Grove work in a professional occupation.In 2021, 33.10% of the homes in Kelvin Grove were owner-occupied compared with 32.10% in 2016.

Kelvin Grove has 4,118 properties. Over the last 5 years, Houses in Kelvin Grove have seen a 74.17% increase in median value, while Units have seen a 103.83% increase. As at 30 November 2025:

  • The median value for Houses in Kelvin Grove is $1,587,620 while the median value for Units is $794,310.
  • Houses have a median rent of $650 while Units have a median rent of $620.
There are currently 6 properties listed for sale, and 20 properties listed for rent in Kelvin grove on OnTheHouse. According to Cotality's data, 178 properties were sold in the past 12 months in Kelvin grove.

Suburb Insights for Kelvin Grove 4059

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.