155 George StreetKippa-Ring QLD 4021
Property Details for 155 George St, Kippa-Ring
155 George St, Kippa-Ring is a 6 bedroom, 3 bathroom BlockOfUnits with 3 parking spaces. The property has a land size of 607m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 6 bedroom BlockOfUnits sold in Kippa-Ring in the last 12 months.
Last Listing description (August 2024)
WOW! Offered for the first time in decades, this absolutely rare opportunity will not come around often - 3 separate units on 3 individual titles returning $1050 per week on a generous 607m2 block. The opportunity exists for higher rental returns and a sound investment for years to come.
- Units 1, 2 and 3 at 155 George St Kippa-Ring. 607m2 block with 14.5m frontage
- Unit 2 leased at $360pw to 25/02/2025
- Unit 3 leased at $360pw to 03/12/2024
- Rented at a combined $1050 per week
- Each unit with 2 bedrooms, living room, bathroom, kitchen, laundry & car accommodation
- Walk to Kippa-Ring Shopping Centres, train station, primary school
- Huge potential to renovate/re-let at higher rent, or possibly extend to improve
- Potential to configure a body corporate system and sell off individually. 3 titles already in place
Contact me for more information.
Property History for 155 George St, Kippa-Ring, QLD 4021
- 26 Aug 2024Sold for $1,132,500
- 08 Jul 2024Listed for Sale RECENT SALES
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About Kippa-Ring 4021
The size of Kippa-ring is approximately 5.4 square kilometres. It has 24 parks covering nearly 12.7% of total area. The population of Kippa-ring in 2011 was 9,928 people. By 2016 the population was 9,805 showing a population decline of 1.2% in the area during that time. The predominant age group in Kippa-ring is 10-19 years. Households in Kippa-ring are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Kippa-ring work in a trades occupation. In 2011, 64.5% of the homes in Kippa-ring were owner-occupied compared with 61.5% in 2016.
Kippa-Ring has 4,401 properties. Over the last 5 years, Houses in Kippa-Ring have seen a 86.99% increase in median value, while Units have seen a 89.92% increase. As at 30 November 2024:
- The median value for Houses in Kippa-Ring is $759,557 while the median value for Units is $501,883.
- Houses have a median rent of $580 while Units have a median rent of $473.
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