31 Monro Street, Kelvin Grove QLD 4059

Offered to the open market for the first time in forty years, this original one bedroom house on 615m2 in the heart of Kelvin Grove provides a rare opportunity to the Buyer fortunate enough to secure this prime property. Zoned low medium residential (Res Br3), this fantastic property is located in a quiet, wide street close to the Royal Brisbane Hospital and QUT and offers massive potential to the astute investor or those buyers looking to build their dream home. The original house built circa 1936 is in great condition and could provide a rental income of $370-$380 per week whilst you plan your development or renovation of the property.Inside there is an eat-in kitchen with original cabinetry, generous lounge room, entry/office, large bedroom with box window and modernised bathroom with separate toilet. Underneath is the laundry and plenty of lockable storage.Features:615m2 block zoned Low medium residential (Res Br3)Potential rental income of $370-$380 while you buildOriginal 1 bedroom home built circa 1936Polished wooden floorboards, ornate plaster ceilings, art deco light fittingsLarge lounge room with reverse cycle ACEntrance/office roomEat-in kitchen with original cabinetryLockable storage underneath + large garden shedSingle carport + multiple off-street car parksGreat street appeal, wide streetClose to Royal Brisbane Hospital, QUT, bus routes, CBD, Kelvin Grove Urban Village, private schools, childcare, parkland and bikewaysCatchment area for Kelvin Grove State College (Prep to Grade 12)