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Sold on 13 Mar 2024 for $465,000

1204/16 Ramsgate Street
Kelvin Grove QLD 4059

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 68m2
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Property Details for 1204/16 Ramsgate St, Kelvin Grove

1204/16 Ramsgate St, Kelvin Grove is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a land size of 68m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Apartment sold in Kelvin Grove in the last 12 months.

Building Type
Apartment
Land Size
68m2
Local Government
Brisbane
Lot/Plan
1204/SP241515

Last Listing description (March 2024)

Welcome to the Urban Edge complex, the perfect inner city oasis! Stepping inside the apartment you'll be immediately struck by the sense of space this property offers. The sunlit, open-plan and air-conditioned kitchen and living room are the heart of the home and open onto the spacious balcony capturing beautiful breezes and overlooking quiet parklands!

Storage is not an issue at this property with built-in wardrobes in the bedroom, linen cupboard with internal laundry in the bathroom, and a private storage cage in the secure car park.

At this complex, lifestyle living is at your fingertips with resort style amenities, including access to multiple sparkling pools, a well-equipped gym, and grassy BBQ areas - all just 2.5km from the CBD!

With a lease agreement currently in place, this property is the perfect stable investment for those looking to grow their property portfolio. Or for someone looking to secure a future home now, ready to move in later!

Other Features
• Air-conditioned throughout
• Secure complex with Intercom and onsite management
• Stainless steel appliances
• Gas cooktop
• Internal laundry
• Secure car park with private storage cage
• Lift access in complex
• Pools
• Grassed BBQ areas
• Gym
• Stable rental income with a current lease agreement in place

Public Transport
• 2.6km to Brisbane CBD
• 450m to Kelvin Grove Busway
• 160m to FREE QUT student shuttle bus direct to QUT Gardens Point campus

Points of Interest
• 150m to Queensland University of Technology (QUT)
• 2km to Royal Brisbane & Women's Hospital
• 1km to 'Victoria Park' Parklands and Golf Complex

School Catchments
• Kelvin Grove State College (450m)
• Queensland Academy for Creative Industries (200m)
• Petrie Terrace SS (900m)
• Brisbane Grammar School (700m)
• Brisbane Girls Grammar School (700m)
• St Joseph's College (1km)

Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.

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Property History for 1204/16 Ramsgate St, Kelvin Grove, QLD 4059

A timeline of how this property has performed in the market
Last Sold
$465,000
13 Mar 2024
Listed for Rent
$400/w
12 Jan 2023
  • 13 Mar 2024
    Sold for $465,000
  • 01 Mar 2024
    Listed for Sale Offers Over $435,000
  • 04 Jan 2023
    Listed for Rent - Price not available
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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 4,050 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 29 properties listed for sale, and 20 properties listed for rent in Kelvin grove on OnTheHouse. According to CoreLogic's data, 188 properties were sold in the past 12 months in Kelvin grove.

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Alice Jibson
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Coronis Inner West
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