11 Kennedy StreetKilcoy QLD 4515
Property Details for 11 Kennedy St, Kilcoy
11 Kennedy St, Kilcoy is a 4 bedroom, 2 bathroom House. The property has a land size of 1209m2 and floor size of 276m2. While the property is not currently for sale or for rent, it was last sold in April 2022.
Last Listing description (April 2022)
Commercial shop front with a 6 bed home, 2 kitchens and 2 bathrooms on a large corner block.
Could be used for gym or fitness studio, dance studio, the possibilities are endless. Over time non-loadbearing walls have been added so once removed the floor area is huge, plus you have a large yard for outdoor personal training.
If retail is not for you consider the potential of 6 bedrooms leased out at $120 each p/w plus the shop space leased.
Previous development approvals include sub division for a duplex behind the main dwelling, multiple occupancy and the current development approval for town houses.
Home to currently the 4th largest beef exporting plant in Australia, Kilcoy is a small town undergoing a large revival.
The property market is being fuelled by demand for housing for the meat works employees, this demand has seen rental yields rocket to an all time high of 7.3% (avg.). Investors are capitalising on low prices and high rentals which are only going to get better as the meat works rolls out yet another expansion.
Kilcoy urgently needs more quality housing to accommodate the rapidly escalating population and this superb town centre site provides the perfect solution to a growing problem. With a DA approval already in place and architectural plans drafted for a unit complex, this project is already under way and ready for a savvy investor to take it through to completion.
Current dwelling
- shop front/office space
- 5 Bedrooms
- 2 Kitchens
- 2 Bathrooms
- 3 Toilets
- Double Lock Up Garage & Carport
- Air Conditioning
- 2 street frontage
- fully serviced site
- confirmed NBN availability
- very short walk to all town services and amenities
- current rental capacity $570/week for both the unit and the shop space
Approved dwelling
- 6 x 3 bedroom townhouses
- individual resale value $400,000
- individual rental value $465/week
This is a rare opportunity to secure a prime development site in the heart of Kilcoy.
Property History for 11 Kennedy St, Kilcoy, QLD 4515
- 05 Apr 2022Sold for $390,000
- 09 Jun 2021Listed for Rent $350 / week
- 30 May 2017Listed for Rent - Price not available
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0About Kilcoy 4515
The size of Kilcoy is approximately 3.3 square kilometres. It has 8 parks covering nearly 13.8% of total area. The population of Kilcoy in 2011 was 1,713 people. By 2016 the population was 1,906 showing a population growth of 11.3% in the area during that time. The predominant age group in Kilcoy is 30-39 years. Households in Kilcoy are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kilcoy work in a labourer occupation. In 2011, 61% of the homes in Kilcoy were owner-occupied compared with 57.4% in 2016.
Kilcoy has 965 properties.
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