OFF MARKET

15 Brookfield Road
Kedron QLD 4031

Bedrooms: 7
Bathrooms: 5
Car spaces: 5
Land area: 809m2
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Last updated 11 Nov 2024
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Property Details for 15 Brookfield Rd, Kedron

15 Brookfield Rd, Kedron is a 7 bedroom, 5 bathroom Unit with 5 parking spaces. The property has a land size of 809m2.

Building Type
Unit
Land Size
809m2
Local Government
Brisbane
Lot/Plan
1/RP132311

Last Listing description (August 2022)

Chrissy Arkinstall of Harcourts Ascot | Clayfield presents 15 Brookfield Road, Kedron. For those looking to add to their investment portfolio, or prospective development sites, this property represents an outstanding opportunity. Attracting low vacancy rates and strong rental prospects, this dwelling encompasses five separate units, with a combination of two bed + one bath, and one bed + one bath, all with secure accommodation for one vehicle. Positioned within a tightly held neighbourhood and low maintenance grounds, this property offers potential for investment, land banking or development (STCA). Currently achieving over $1185 per week in rent with long-term tenants, there is strong rental uplift potential available.

This property offers:

- Zoned Lmr2 Residential B R3 - Multi-unit dwelling (flats)

- A rare investment opportunity in sought after Kedron
- Low maintenance 809m2 allotment
- Well-suited to investors with current tenancies in place
- Low vacancy rates and solid rental returns with potential rental uplift
- Development potential (STCA)
- 2 x two-bedroom, one-bathroom units
- 3 x one-bedroom, one-bathroom units
- Individual secure car accommodation assigned to each unit
- Individual laundry/storage space assigned to each unit

Nestled within the coveted Padua precinct, this superb development opportunity offers excellent proximity to every convenience, with Westfield Chermside, Stafford City Shopping Centre and The Prince Charles Hospital just minutes away. Local schools include Kedron State High & Primary Schools, Mount Alvernia, St Anthony's Primary School, and the esteemed Padua College. Commuters enjoy an easy weekday journey, with Brisbane CBD just 9-kilometers away and transport options including the Airportlink M7 tunnel and a well-serviced bus network.

For additional information, or to arrange a private inspection, contact Chrissy Arkinstall on 0413 802 842.

BCC Rates - $1506.37 per quarter

Property History for 15 Brookfield Rd, Kedron, QLD 4031

A timeline of how this property has performed in the market
  • 04 Jun 2022
    Listed for Sale Not Disclosed

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About Kedron 4031

The size of Kedron is approximately 3.5 square kilometres. It has 6 parks covering nearly 6.8% of total area. The population of Kedron in 2011 was 8,593 people. By 2016 the population was 9,335 showing a population growth of 8.6% in the area during that time. The predominant age group in Kedron is 20-29 years. Households in Kedron are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kedron work in a professional occupation. In 2011, 56.4% of the homes in Kedron were owner-occupied compared with 53.5% in 2016.

Kedron has 4,819 properties. Over the last 5 years, Houses in Kedron have seen a 79.61% increase in median value, while Units have seen a 73.71% increase. As at 31 October 2024:

  • The median value for Houses in Kedron is $1,334,909 while the median value for Units is $641,055.
  • Houses have a median rent of $690 while Units have a median rent of $513.
There are currently 29 properties listed for sale, and 31 properties listed for rent in Kedron on OnTheHouse. According to CoreLogic's data, 197 properties were sold in the past 12 months in Kedron.

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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 for any loss or damage arising in connection with the data and information contained in this publication.