2 Kedron Brook RoadWilston QLD 4051
Property Details for 2 Kedron Brook Rd, Wilston
2 Kedron Brook Rd, Wilston is a 13 bedroom, 4 bathroom Unit with 2 parking spaces. The property has a land size of 736m2. While the property is not currently for sale or for rent, it was last sold in July 2013.
Last Listing description (June 2024)
Fully licensed, Level one, Share accommodation investment property.
Located only minutes to all facilities and within 3km radius to the Brisbane CBD. Currently returning $3,000 per week or approx $156,000 per year.
Further improvements could be made to the property to increase rents, otherwise the site may be suitable to lease out to one of the local housing providers under a commercial lease agreement.
Either Way with the cost of living through the roof and the current rental crisis, affordable housing options have become more and more popular to rent, with most vacant rooms leased within 24/48 hours.
13 Rooms all leased on RTA fixed term leases.
4 bathrooms (two recently updated)
736m2 block zoned low medium density with development potential (STCA)
2 buildings across one title
Annual gross income approx $156,000 p/a (Full capacity)
Annual outgoings approx $30,000 p/a (Excluding property management fees)
Very experienced property manager happy to stay on (Fees negotiable)
Within a 3km radius to Brisbane CBD
Walking distance to train station and all shopping facilities
Commercial leasing potential (STA)
Call Steve Landeta for more information or to book an inspection - 0435 890 517
Disclaimer:
While preparing this information we have used our best endeavors to ensure that the following information contained therein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own enquiries to verify the information contained here.
Property History for 2 Kedron Brook Rd, Wilston, QLD 4051
- 13 Mar 2024Listed for Sale FOR SALE - By negotiation
- 28 Mar 2023Listed for Sale $1,500,000
- 03 Aug 2022Listed for Sale FOR SALE
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0About Wilston 4051
The size of Wilston is approximately 1.4 square kilometres. It has 9 parks covering nearly 14.2% of total area. The population of Wilston in 2011 was 3,871 people. By 2016 the population was 3,934 showing a population growth of 1.6% in the area during that time. The predominant age group in Wilston is 40-49 years. Households in Wilston are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Wilston work in a professional occupation. In 2011, 62.6% of the homes in Wilston were owner-occupied compared with 62.1% in 2016.
Wilston has 1,771 properties. Over the last 5 years, Houses in Wilston have seen a 83.74% increase in median value, while Units have seen a 61.73% increase. As at 31 October 2024:
- The median value for Houses in Wilston is $1,850,468 while the median value for Units is $738,969.
- Houses have a median rent of $755 while Units have a median rent of $530.
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