SOLD
Sold on 12 Dec 2024 - Price Unavailable

59/40 Ramsgate Street
Kelvin Grove QLD 4059

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 86m2
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Property Details for 59/40 Ramsgate St, Kelvin Grove

59/40 Ramsgate St, Kelvin Grove is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 1 bedroom Apartment sold in Kelvin Grove in the last 12 months.

Building Type
Apartment
Floor Size
86m2

Last Listing description (December 2024)

Do not miss out on this great One Bedroom Apartment located on the 7th floor at Theodore Apartment. This beautiful apartment offers open plan living with a spacious combined kitchen, living, and dining area, and a built-in study nook. The Theodore Apartment is in Kelvin Grove Village, with a short walk distance to the Kelvin Grove QUT campus and close to cafes, shops, public transport, and other local amenities. It combines the sought-after balance of location & Lifestyle. This apartment will be sure to sell!

An excellent option for investors, if you are looking for a well-appointed apartment as well as a safe investment with a solid return, clearly this is the one for you, you are making no mistake financially, think about a positive return from DAY ONE!

For owner-occupiers, being one of the best complexes in Kelvin Grove, Theodore Apartment is well known for its size of the apartment and high-quality finishing, generous design, and great harmony/communal atmosphere.

Property Highlights:

- North and east corner facing aspect
- Spacious in size total 86m2
- Open plan living and dining surrounded by the glass doors, having abundant natural light
- Large balcony with parklands views on both sides
- Study nook, ideal to work from home
- Well-appointed open plan kitchen with stone benchtop, gas cooktop, and quality oven
- Good size bedroom with two wardrobes, ceiling fan, and split system reverse cycle air conditioning
- Bathtub which is essential for families with young children
- Secure undercover full-sized parking
- Private Rooftop Terrace with BBQ area
- Large Pool Area
- Secure access plus onsite manager

Property History for 59/40 Ramsgate St, Kelvin Grove, QLD 4059

A timeline of how this property has performed in the market
Last Sold
12 Dec 2024
  • 29 Nov 2024
    Sold for $560,000
  • 21 Nov 2024
    Listed for Sale Contact agent
  • 15 Sep 2008
    Sold for $445,000

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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 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 4,095 properties. Over the last 5 years, Houses in Kelvin Grove have seen a 50.49% increase in median value, while Units have seen a 69.68% increase. As at 28 February 2025:

  • The median value for Houses in Kelvin Grove is $1,311,526 while the median value for Units is $664,161.
  • Houses have a median rent of $650 while Units have a median rent of $620.
There are currently 23 properties listed for sale, and 15 properties listed for rent in Kelvin grove on OnTheHouse. According to CoreLogic's data, 200 properties were sold in the past 12 months in Kelvin grove.

Suburb Insights for Kelvin Grove 4059

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Australian Property Alliance Management
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all liability for any loss or damage arising in connection with the data and information contained in this publication.