OFF MARKET

56/40 Ramsgate Street
Kelvin Grove QLD 4059

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 92m2
Land area: 95m2
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Property Details for 56/40 Ramsgate St, Kelvin Grove

56/40 Ramsgate St, Kelvin Grove is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 95m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
Unit
Year Built
2013
Floor Size
92m2
Land Size
95m2
Local Government
Brisbane
Lot/Plan
56/SP215067

Last Listing description (December 2022)

Offering a private and modern lifestyle in an unbeatable location, unit 56 is located high up on Level 6 with perfect northerly aspect. This oversized two-bedroom unit at the Theodore Apartment is a fantastic buy. The thoughtful, open plan layout promotes ultimate use of space and the large floor to ceiling windows throughout the property provide a level of space and light that is not normally seen.

Apartment Features:

- Located on Level 6 and total area of approximately 92sqm (incl. balcony).
- Master bedroom is very spacious with walk-through robe and en-suite bathroom, ceiling fan and split system reverse cycle air conditioning unit.
- Second bedroom includes walk-through robe, ceiling fan and split system reverse cycle air conditioning unit.
- Light filled open plan living and dining area with split cycle air conditioning, opening out to a great sized balcony.
- Main bathroom includes a bath and laundry and offers dual access both from the living room and via the walk-through-robe from the second bedroom.
- Modern design kitchen includes elevated stone benchtop, stainless steel appliances with dishwasher, gas cooktop and high-quality oven.
- Separate study nook, perfect for those working or study from home.
- Super sized private balcony with uninterrupted views and glimpses of city, perfect for relaxation or entertainment.
- The apartment also includes a secure car space and storage.
- Onsite management and security access.

Complex Features:

Theodore Apartments is an architecturally-designed complex built to embody and reflect the Queensland lifestyle. Made up of 69 apartments, the building includes a swimming pool and an expansive barbeque and relaxation area with two levels of secure basement parking and entrances, also includes storage cages. This is a secure building, with intercom access from the front door and basement.

The Location:

Kelvin Grove has become a popular suburb for a range of people wishing to live close to Brisbane City, Kelvin Grove State College (KGVC), Brisbane Grammar School, Queensland University of Technology (QUT) and the Royal Brisbane Hospital. Located less than 2.5km north west of Brisbane's CBD, it is a hilly and pretty suburb. It has experienced good growth in median house prices over the past five years as buyers have taken advantage of the suburb's proximity to the city.

Kelvin Grove has had an infrastructure boom over the last 10 years with the development of the Kelvin Grove Village. The village is home to many shops, cafes, restaurants and a Woolworths. The Village is also the site of the weekly Kelvin Grove Farmers markets - a popular attraction of the suburb. Well serviced by buses with easy access to the city along Kelvin Grove Road and other major roads, Kelvin Grove will continue to attract residents and tenants.

Alan makes buying real estate simple and stress free, so call Alan today to arrange an inspection to view this amazing home.

** Disclaimer**
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

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 contained in the document or provided within 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 by a party through their own due diligence.

Property History for 56/40 Ramsgate St, Kelvin Grove, QLD 4059

A timeline of how this property has performed in the market
Last Sold
$555,000
04 Nov 2022
Listed for Rent
$450/w
17 Nov 2016
  • 04 Nov 2022
    Sold for $555,000
  • 04 Oct 2022
    Listed for Sale SOLD
  • 14 Nov 2016
    Sold for $475,000
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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.