6/70 Prospect TerraceKelvin Grove QLD 4059
Property Details for 6/70 Prospect Tce, Kelvin Grove
Last Listing description (February 2024)
Raine & Horne Commercial are pleased to present to market for sale these centrally positioned professional office suites.
Key Features:
Unit 5: 78sqm & Unit 6: 112sqm - both modern and functional office units
Excellent signage opportunities with exposure to Kelvin Grove Road
Data cabled, fully ducted A/C and carpeted
Five (5) exclusive on-site car parks over both units
Unit 6 is leased to established IT Tenant with holding income
Less than 3km drive to the CBD
Interstate Vendor Quits - Will be Sold
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
These properties will be sold via in-room auctions held at 337 Gympie Road, Kedron on Wednesday the 13th of March starting at 11am if not sold prior.
For further information or to arrange an inspection contact your exclusive Raine & Horne Commercial agents.
Listing ID: 1118431
Property History for 6/70 Prospect Tce, Kelvin Grove, QLD 4059
- 12 Mar 2024Sold for $300,000
- 15 Feb 2024Listed for Sale Auction 13 March 2024 (If Not Sold Prior)
- 16 Jun 2020Listed for Rent - Price not available
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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 4,101 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.
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