8 Normanby TerraceKelvin Grove QLD 4059
Property Details for 8 Normanby Tce, Kelvin Grove
8 Normanby Tce, Kelvin Grove is a 1 bedroom, 1 bathroom House and was built in 1930. While the property is not currently for sale or for rent, it was last sold in June 2021.
Last Listing description (August 2021)
LIKE A GOOD STEAK, THIS CASHCOW IS RARE!
*****IMPORTANT NOTICE: MASK ARE MANDATORY IN ALL INSPECTIONS*****
Capitalize on the student accommodation surge with this beautiful 5 bedroom, 1 bathroom Modified Triple Gable Queenslander just minutes from the QUT Kelvin Grove campus.
Perfect for a savvy investor looking for a $45K+ annual cash flow! You read that right, $45,000 per annum.
Let me break it down for you:
5 Bedrooms, all already leased with tenants until January 2022, paying a range between $155 to $190 per week, instant cashflow!
Here's a quick summary of what this gorgeous Queenslander has to offer!
5 x bright, spacious bedrooms with timber flooring
1 x beautiful traditional bathroom with paneled walls, checker floors, and a claw-foot tub
Open plan living and dining with lush timber flooring throughout
Tile kitchen with electric cooking and dishwasher. Loops around into the laundry and out the back to the covered patio with heaps of backyard space for entertaining
Fantastic location suitable for a student accommodation investor
Close to QUT Kelvin Grove campus, Victoria Park Golf Course, Suncorp Stadium, La Boite, QUT's Creative Precinct, and public transport
Just a short drive or bus trip away from Brisbane's CBD
Read on for the important investment numbers:
Annual Rental Returns: Approx $45,000 per year.
Council Rates: Approx $2,600 per year.
Beautiful Queenslanders like this with easy access to the CBD are becoming a rare breed. So, contact Phil at 0447 048 961 or Phil@xperiencerealty.com.au 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 8 Normanby Tce, Kelvin Grove, QLD 4059
- 29 Jun 2021Sold - Price Undisclosed
- 23 Jun 2021Listed for Sale SUBMIT ALL OFFERS
- 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 4,131 properties. Over the last 5 years, Houses in Kelvin Grove have seen a 59.55% increase in median value, while Units have seen a 108.92% increase. As at 31 July 2026:
- The median value for Houses in Kelvin Grove is $1,683,588 while the median value for Units is $862,116.
- Houses have a median rent of $698 while Units have a median rent of $683.
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