Property Details for 64 Park St, Kelvin Grove
64 Park St, Kelvin Grove is a 1 bedroom, 1 bathroom House with 4 parking spaces. While the property is not currently for sale or for rent, it was last sold in September 2022.
Last Listing description (October 2022)
WANTED: NEW FARMER FOR CASH COW!
This property is looking for a new owner! So if you have ever considered breaking into the student accommodation market? well look no further! This cash cow is locked and loaded and in need of a new farmer! This place is situated right down the road from QUT Kelvin Grove campus, making it a hot spot for student renters fresh out of home.
Five of the rooms are already rented and there are extra rooms available for any owner occupiers. One room downstairs in disability friendly, and all rooms come fully furnished with their own ensuites and fans.
Tenants will share living spaces that boast modern appliances, laundry areas, and living areas with televisions. There is plenty of room for street parking, as well as several off-street parking spaces. The house can be accessed by both Park St and Gebbie St.
The location is highly desirable to students. They'll have easy access to public transport, several parks, and local retail, restaurant and shopping districts. The CBD is just a short train ride away when they're desperate for a relaxing weekend after the exam period.
Read on for the most lucrative features of your new investment:
5 x rented rooms with 1 bedroom and 1 ensuite each. Fully furnished with fans and heaps of storage.
Extra rooms for owner occupiers or more tenants.
1 x disability friendly room downstairs with an ensuite and fan.
Shared, open plan common rooms with modern kitchen appliances and televisions.
Internal laundry area.
Lucrative location minutes away from public transport, parks, QUT Kelvin Grove campus, and local retail, restaurant and shopping districts.
Only a short train ride from CBD, South Bank, and other cultural centres.
Read on for important investment information:
Current Rental Rates: $1050 per week.
Council Rates: Approx $2772 per year.
Complete student accommodation buildings don't come on the market often. They're lucrative investment opportunities that you don't want to miss out on. Contact Phil at Phil@xperiencerealty.com.au or 0447 048 961 to book an inspection ASAP.
Disclaimer: Xperience Realty has been furnished with the above information, however, the Office and the Agent provides no guarantees, undertakings or warnings concerning the accuracy, completeness or up-to-date nature of the information provided by the Vendor or other Persons. All interested parties are responsible for their own independent inquiries in order to determine whether or not this information is in fact accurate.
Property History for 64 Park St, Kelvin Grove, QLD 4059
- 07 Sep 2022Sold for $1,240,000
- 04 Jul 2022Listed for Sale $1,250,000
- 11 Dec 2018Listed for Rent - Price not available
Recent sales nearby
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0About Kelvin Grove 4059
The size of Kelvin Grove is approximately 1.7 square kilometres. There are 12 parks, covering nearly 7.5% of the 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 4,130 properties. Over the last 5 years, Houses in Kelvin Grove have seen a 62.51% increase in median value, while Units have seen a 108.23% increase. As at 30 June 2026:
- The median value for Houses in Kelvin Grove is $1,720,935 while the median value for Units is $863,383.
- Houses have a median rent of $680 while Units have a median rent of $680.
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