SOLD
Sold on 12 Mar 2024 for $231,000

5/70 Prospect Terrace
Kelvin Grove QLD 4059

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 78m2
Land area: 89m2
Save

Property Details for 5/70 Prospect Tce, Kelvin Grove

Building Type
Commercial
Floor Size
78m2
Land Size
89m2
Local Government
Brisbane
Lot/Plan
5/BUP9449

Last Listing description (March 2018)

* 78sqm of modern and functional office space
* Reception/ waiting area and kitchenette
* Three (3) offices and board room

* Great signage opportunities with exposure to Kelvin Grove Road
* Tenancy comes data cabled and fully ducted A/C
* Two (2) dedicated car spaces
* Will suit a variety of small professionals
This property is situated on the corner of Prospect Terrace right in the heart of the inner North West suburb of Kelvin Grove:
* Only 1.6 radial kilometres approximately from the CBD
* Direct access to inner city bypass and other direct northern arterial roads
* Situated among an established and successful tenant mix !
For further information or to arrange an inspection please contact your Raine & Horne Commercial agents.
Listing ID: 8471926

Property History for 5/70 Prospect Tce, Kelvin Grove, QLD 4059

A timeline of how this property has performed in the market
Last Sold
$231,000
12 Mar 2024
Listed for Rent
28 Feb 2018
  • 12 Mar 2024
    Sold for $231,000
  • 01 Sep 2017
    Listed for Rent - Price not available
  • 18 Jul 2016
    Listed for Rent $21,450 / year
Sign in to see more transactions

Commute Calculator

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 4,101 properties. Over the last 5 years, Houses in Kelvin Grove have seen a 67.63% increase in median value, while Units have seen a 55.36% increase. As at 31 July 2024:

  • The median value for Houses in Kelvin Grove is $1,336,937 while the median value for Units is $585,891.
  • Houses have a median rent of $683 while Units have a median rent of $600.
There are currently 14 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

Market Insights
Kelvin Grove Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Kelvin Grove Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.