3/244 Kelvin Grove Rd, Kelvin Grove is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2001. The property has a land size of 123m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
Located at the back of the complex with all access from Eureka street this oversized two bedroom unit is an absolute goldmine. In a complex of only four apartments on approx. 941m2 of inner city land the potential for future capital growth or re-development could exponentially increase the value of this apartment. Currently rented for $370 per week with great long term tenants this kind of opportunity should be seized quickly by a savvy home buyer or investor alike.
Located at the rear of the complex the unit does not suffer from Kelvin Grove road noise and has a large entertainers balcony to enjoy the QLD climate. Take advantage of this convenient location within walking distance to the education, dining and shopping opportunities that Kelvin Grove Village offers.
- Polished Timber Floors
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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:
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