OFF MARKET

4/51 Gibb Street
Kelvin Grove QLD 4059

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 52m2
Land area: 65m2
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Last updated 11 Nov 2024
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Property Details for 4/51 Gibb St, Kelvin Grove

4/51 Gibb St, Kelvin Grove is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 65m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
Unit
Year Built
2014
Floor Size
52m2
Land Size
65m2
Local Government
Brisbane
Lot/Plan
4/SP266651

Last Listing description (June 2022)

Beautiful Outlook, Superior Modern Design, and Low Body Corporate!
This modern apartment within the sought-after Evoque complex ticks all the boxes.

Apartment Features:

Large living spaces with room for lounge and dining suite, opening out to a large private balcony.
Beautifully-designed kitchen complete with Essastone benchtops and stainless steel appliances, and plenty of storage space. The stove top is gas, providing you with superior cooking control.
Split-system air-conditioning in the lounge room and bedroom, keeping you cool in Summer and warm in Winter.
The bedroom is well-sized and includes a ceiling fan (and air-conditioning) and good-sized wardrobe
The bathroom is a modern dream - beautifully-fitted with floor-to-ceiling tiles and a whole wall of mirrored cupboards (plenty of space for the essentials).
Large neutral tiles throughout the living space and kitchen.
Laundry cupboard in bathroom has enough space for both a washing machine and dryer.

The property is positioned in an excellent location situated on Gibb St between Kelvin Grove Rd and Herston Rd, offering effortless access to Royal Brisbane Hospital, QUT, Kelvin Grove Village, and the CBD.
The balcony is the perfect place to sit with a glass of wine and watch the sun go down over Mt Nebo, and surrounds.
There are only 20 apartments in the complex shared across two buildings, allowing for quiet and peaceful living.
High Quality Finishes - including tiling throughout the living space, and a designer kitchen with stainless steel appliances and a stone benchtop. A fantastic neutral colour palette ensures your apartment will remain modern, fresh, and trendy for years to come.

Complex Features:
Allocated single carpark.
Common space behind complex which includes a grassed area and plenty of trees and greenery.
Low body corporate costs due to superior low maintenance complex design.- $553/qtr

An ideal investment asset, this property currently rents at $370 per week with a great tenant in place until November and with no lift, gym or pool, the holding costs are very competitive. Positioned within the Kelvin Grove QUT precinct, this is a highly sought-after property with great potential for quality returns.

Contact Stefan to arrange an inspection!

Property History for 4/51 Gibb St, Kelvin Grove, QLD 4059

A timeline of how this property has performed in the market
Last Sold
$380,000
30 May 2022
Listed for Rent
$370/w
04 Nov 2021
  • 30 May 2022
    Sold for $380,000
  • 23 May 2022
    Listed for Sale Contact Agent
  • 28 Oct 2021
    Listed for Rent $370 / 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 4,050 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.

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.