OFF MARKET

1303/31 Musk Avenue
Kelvin Grove QLD 4059

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 64m2
Land area: 75m2
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Property Details for 1303/31 Musk Ave, Kelvin Grove

1303/31 Musk Ave, Kelvin Grove is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 75m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Unit
Year Built
2016
Floor Size
64m2
Land Size
75m2
Local Government
Brisbane
Lot/Plan
1303/SP267555

Last Listing description (June 2023)

Located on the 13th level of the highly sought-after, Zest Apartments, in Kelvin Grove, is 1303/31 Musk Avenue. This conveniently located unit, 2 bedroom, east-facing unit, offers ample space and uber convenience, with QUT Kelvin Grove, and an array of shops and eateries, all within easy walking distance.

This chic unit is the perfect abode for a first home buyer or savvy investor. You'll fall in love with the open plan design, and architecturally sound layout. The floor to ceiling windows allow for plenty of natural light, and you'll be able to enjoy an after work beverage on the spacious entertaining balcony, overlooking the picturesque city views. The sleek kitchen features 40mm large island stone benchtop and ILVE stainless steel appliances, gas cooktop and an abundance of storage.

Zest Apartments offer a superb low-maintenance lifestyle and resort-style facilities. You'll be able to enjoy BBQs and sunsets on the rooftop entertainment area with BBQ, and make a splash in the sky pool. The complex also provides a secure underground car park, as well as visitor parking, and there's an on-site manager too.

PROPERTY HIGHLIGHTS:
- Generous-sized master bedroom with stunning views
- Second bedroom, also well-sized with built-in robe
- Modern kitchen with new dishwasher, stone bench tops and gas cooking
- Modern bathroom with ample storage
- Ceiling fans and ducted air conditioning
- Separate laundry cupboard
- Built-in study nook
- Secure undercover car park + visitor parking
- Rooftop entertainment area with BBQ areas and sky pool
- On-site manager for the complex
- Long term tenants with a current rental of $560/per week (until late July 2023).

1303/31 Musk Avenue is a fantastic purchase, not only offering a wonderful lifestyle, but is also a wise investment for those looking ahead. Kelvin Grove is forecast to continue to grow with local and foreign students continuing to require high quality accommodation. This unit won't be around for long, so be sure to contact Shane or Kate for your private inspection as soon as possible.

Property History for 1303/31 Musk Ave, Kelvin Grove, QLD 4059

A timeline of how this property has performed in the market
Last Sold
$550,000
21 May 2023
  • 21 May 2023
    Sold for $550,000
  • 27 Jul 2022
    Listed for Sale For Sale
  • 05 Aug 2014
    Sold for $440,000

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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 4,050 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 27 properties listed for sale, and 18 properties listed for rent in Kelvin grove on OnTheHouse. According to CoreLogic's data, 189 properties were sold in the past 12 months in Kelvin grove.

Suburb Insights for Kelvin Grove 4059

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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.