38 Kedron Park Rd, Wooloowin is a 15 bedroom, 3 bathroom Unit with 5 parking spaces. The property has a land size of 883m2. While the property is not currently for sale or for rent, it was last sold in February 2020.
HIGH CASH FLOW | DEVELOPMENT OPPORTUNITY | 883m2 LAND
CASH COW WITH MASSIVE UPSIDE POTENTIAL. POTENTIAL TO DEVELOP THE REAR SITE AND DOUBLE YOUR INVESTMENT.
This spectacular investment opportunity is located only 5kms from Brisbane CBD in the high growth suburb of Wooloowin. The building sits on 883m2, with a large portion of vacant land and has a 2 street frontage. The building is a beautiful solid brick construction and consists of 15 rented rooms giving you over $2,900/wk in income.
Property Features
- 15 Flats with Kitchenettes
- 3 Bathrooms
- Car space for 5+ Vehicles
- $152,000/yr gross return
- Brick Build
Land Features
- 883m2 Land
- Large Vacant Block, potential for redevelopment
- 2 Lots on 1 Title
- 2 Street Frontage
Location Benefits
350m | Wooloowin Station
500m | Lutwyche Shopping Centre
570m | Lutwyche Bus Interchange
4.5kms | Queensland University of Technology
4.8kms | Brisbane Airport
5kms | Brisbane CBD
Contact us on 0431 405 105 to add this investment to your portfolio today.
Disclaimer - All information and suggested development options contained herein is gathered from sources we consider to be reliable. However we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries. All listed development options above require the buyer's own due diligence and are subject to satisfaction of the subdivision code & subject to council approval.
The size of Wooloowin is approximately 1.1 square kilometres. It has 1 park. The population of Wooloowin in 2016 was 3938 people. By 2021 the population was 4029 showing a population growth of 2.3% in the area during that time. The predominant age group in Wooloowin is 30-39 years. Households in Wooloowin are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wooloowin work in a professional occupation.In 2021, 48.70% of the homes in Wooloowin were owner-occupied compared with 46.10% in 2016.
Wooloowin has 2,185 properties. Over the last 5 years, Houses in Wooloowin have seen a 75.75% increase in median value, while Units have seen a 100.35% increase. As at 31 October 2025:
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