FOR SALE
For Sale

40 Victoria Street
Kelvin Grove QLD 4059

Bedrooms: 5
Bathrooms: 1
Car spaces: -
Land area: 263m2
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Stylish Workers Cottage Offering Outstanding Returns!

*Opportunities for investors and owner occupiers
*Retained character features throughout
*Elevated position with northern aspect
*Within Kelvin Grove State College Catchment
*Moments to cafes, schools & transport
Nestled in one of Kelvin Grove's most sought-after enclaves, this perfectly presented home is the ideal purchase for a range of buyers.
Occupying an elevated, northern facing block, 40 Victoria Street currently offers a low maintenance investment property with excellent returns. Alternatively, for those seeking a home with a generous existing floor plan positioned in a family friendly suburb, while not compromising on proximity to amenities and the CBD, 40 Victoria Street offers a property that could easily be converted back to a family home for the owner occupier.
Immediately captivating, this circa 1900's updated workers cottage invites you onto the generous front verandah with sweeping suburban views which harnesses cooling breezes that continue throughout the property. Moving inside, the character-filled updated interiors offer generous spaces that are enhanced by soft natural light, a neutral colour palette, and timber flooring.
Accommodation comprises five individually rented rooms, all with leases in place. While the property is currently under professional management, there is the option to easily manage this investment yourself, should you wish. The shared kitchen has been renovated with ample storage, sleek cabinetry and quality electric appliances.
The backyard boasts a covered patio area and a grassed rear yard with established leafy gardens. The property's roof was completely replaced 5 years ago, while under the house offers a large area with generous storage potential.
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Property Details for 40 Victoria St, Kelvin Grove

40 Victoria St, Kelvin Grove is a 5 bedroom, 1 bathroom House. The property has a land size of 263m2. The place is currently for sale with SPACE Property Ashgrove.

Building Type
House
Land Size
263m2

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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 2011 was 6,017 people. By 2016 the population was 7,913 showing a population growth of 31.5% 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 2011, 37.6% of the homes in Kelvin Grove were owner-occupied compared with 32.1% in 2016.

Kelvin Grove has 4,052 properties. Over the last 5 years, Houses in Kelvin Grove have seen a 54.00% increase in median value, while Units have seen a 61.12% increase. As at 31 October 2024:

  • The median value for Houses in Kelvin Grove is $1,301,998 while the median value for Units is $629,720.
  • Houses have a median rent of $675 while Units have a median rent of $630.
There are currently 26 properties listed for sale, and 17 properties listed for rent in Kelvin grove on OnTheHouse. According to CoreLogic's data, 192 properties were sold in the past 12 months in Kelvin grove.

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Michael Shean
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Nick Beadle
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SPACE Property Ashgrove
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