SOLD
RECENT ADVICE
Sold on 31 Oct 2024 for $1,378,000

15 Rusden Street
Kelvin Grove QLD 4059

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
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Property Details for 15 Rusden St, Kelvin Grove

15 Rusden St, Kelvin Grove is a 3 bedroom, 1 bathroom House with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Kelvin Grove in the last 12 months.

Building Type
House

Last Listing description (October 2024)

Opportunities like this rarely come to market! This is your chance to secure 13-15 Rusden Street, Kelvin Grove, an exceptional property with endless potential. Whether you're looking to land bank, develop, or renovate, this is truly a once-in-a-lifetime investment.
With a DA/BA already in place, you can move the charming Queensland cottage at 13 Rusden and transform it into your 4-bedroom dream home. Additionally, there's the exciting possibility to build an additional brand-new, modern 4-bedroom home with a double garage on lot 15 Rusden.

Currently, set on a 404m2 block, this character-filled 3-bedroom Queenslander captures the true spirit of Kelvin Grove. With its traditional VJ walls, high ceilings, and original features, including a welcoming front verandah, this cottage offers timeless appeal and a solid foundation for future enhancements.

Option 1.
Be a passive investor. Rent out the 3-bedroom house "as is" and land bank 404m2 for the future and see your investment grow.

Option 2.
A Prime Development Opportunity with DA and BA Approvals in place. Building Approval Plans for 13 Rusden Street, which checks all the boxes, are available upon request.
Seize this incredible opportunity to bring your dream home to life! All the hard work has been done, with DA and BA approvals in place, making this "shovel-ready" project a rare find. Transform the original cottage into an exceptional two-level 4 Bedroom residence, featuring an impressive street frontage, secure garaging, and off-street parking.

In addition, you have the option to unlock even more potential: Once the cottage is lifted, moved and renovated, the adjoining Lot 15 Rusden becomes a valuable asset. You can choose to sell the vacant lot, build a brand-new modern home, or simply keep it as an extended garden for your newly renovated residence. Concept Plans and Drawings are available for the Contemporary New Build House on Lot 15.

As for the location, you are just 3km from the Brisbane CBD, there is easy access to Kelvin Grove State College (Prep to Year 12), Kelvin Grove QUT Campus, Urban Village, parks, shops, restaurants, public transport and a stone's throw away from Red Hill and Paddington.

This is a truly unique opportunity to create your ideal living space and maximize your investment. Don't miss out! So many choices for owner occupiers, renovators, investors, developers and or builders. This unique and rare opportunity will not last long. For further information and to inspect the property, please contact Anne Gunson on 0407 114 189.

This property is being sold without a price therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. Land dimensions and information are sourced from CoreLogic & B.C.C and should be used as a guide only.

Whilst all reasonable attempts have been made to verify the accuracy of the information provided, the Selling agents confirm that they cannot guarantee accuracy of the same and accept no liability (express or implied) in the event that any information provided here is inaccurate. Parties must ensure they make their own due diligence enquiries to satisfy themselves about the accuracy of the information. This information provided is indicative only and must not be relied upon unless confirmed.

Property History for 15 Rusden St, Kelvin Grove, QLD 4059

A timeline of how this property has performed in the market
Last Sold
$1,378,000
31 Oct 2024
Listed for Rent
$500/w
03 May 2022
  • 31 Oct 2024
    Sold for $1,378,000
  • 03 Oct 2024
    Listed for Sale UNDER CONTRACT
  • 22 Apr 2022
    Listed for Rent $500 / week
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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 4,096 properties. Over the last 5 years, Houses in Kelvin Grove have seen a 49.93% increase in median value, while Units have seen a 62.03% increase. As at 30 November 2024:

  • The median value for Houses in Kelvin Grove is $1,286,624 while the median value for Units is $639,945.
  • Houses have a median rent of $660 while Units have a median rent of $628.
There are currently 23 properties listed for sale, and 18 properties listed for rent in Kelvin grove on OnTheHouse. According to CoreLogic's data, 201 properties were sold in the past 12 months in Kelvin grove.

Suburb Insights for Kelvin Grove 4059

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Contact agent
Anne Gunson
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George Hadgelias
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Ray White Paddington (Qld)
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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.