FOR SALE
FOR SALE

155 George Street
Kippa-Ring QLD 4021

Bedrooms: 6
Bathrooms: 3
Car spaces: 3
Land area: 607m2
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3 units returning $1050pw - 3 separate titles!

WOW! Offered for the first time in decades, this absolutely rare opportunity will not come around often - 3 separate units on 3 individual titles returning $1050 per week on a generous 607m2 block. The opportunity exists for higher rental returns and a sound investment for years to come.
- Units 1, 2 and 3 at 155 George St Kippa-Ring. 607m2 block with 14.5m frontage
- Unit 1 leased at $330pw to 26/09/2024
- Unit 2 leased at $360pw to 25/02/2025
- Unit 3 leased at $360pw to 03/12/2024
- Rented at a combined $1050 per week
- Each unit with 2 bedrooms, living room, bathroom, kitchen, laundry & car accommodation
- Walk to Kippa-Ring Shopping Centres, train station, primary school
- Huge potential to renovate/re-let at higher rent, or possibly extend to improve
- Potential to configure a body corporate system and sell off individually. 3 titles already in place
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Property Details for 155 George St, Kippa-Ring

155 George St, Kippa-Ring is a 6 bedroom, 3 bathroom BlockOfUnits with 3 parking spaces. The property has a land size of 607m2. The place is currently for sale with CENTURY 21 Maddies Hermans.

Building Type
BlockOfUnits
Land Size
607m2

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About Kippa-Ring 4021

The size of Kippa-ring is approximately 5.4 square kilometres. It has 24 parks covering nearly 12.7% of total area. The population of Kippa-ring in 2011 was 9,928 people. By 2016 the population was 9,805 showing a population decline of 1.2% in the area during that time. The predominant age group in Kippa-ring is 10-19 years. Households in Kippa-ring are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Kippa-ring work in a trades occupation. In 2011, 64.5% of the homes in Kippa-ring were owner-occupied compared with 61.5% in 2016.

Kippa-Ring has 4,392 properties.

    There are currently 35 properties listed for sale, and 21 properties listed for rent in Kippa-ring on OnTheHouse. According to CoreLogic's data, 224 properties were sold in the past 12 months in Kippa-ring.

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    Maddie Dolan
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    Joshua Thomas
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    CENTURY 21 Maddies Hermans
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