$1,580,000

8 Bed  •  8 Bath  •  5 Car  •  860m²

Main view of Homely block of units listing, 33 Gibb Street, Kelvin Grove QLD 4059
Floorplan of Homely block of units listing, 33 Gibb Street, Kelvin Grove QLD 4059
Second view of Homely block of units listing, 33 Gibb Street, Kelvin Grove QLD 4059
+8

Sold

33 Gibb Street, Kelvin Grove QLD 4059

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$1,580,000

  • 8
  • 8
  • 5
  • 860m²

Block of Units Sold on Thu 29 Sep, 2022

What's around Gibb Street

Block of Units description

“Rental return of $2,040/week in the heart of Kelvin Grove”

Situated within walking distance to Kelvin Grove State College, QUT, several shopping centres and a multitude of public transport; 33 Gibb Street. Kelvin Grove is the ideal property for investors looking for a steady rental return as well as good long term capital growth.

The property itself consists of 8 well kept units, all of which are rented for between $250pw-$260pw, with good tenants who are all happy to continue letting the property for the forseeable future.

On land value alone this property comfortably plays dividends - sitting on an 860m2 block less than 3kms from the Brisbane CBD.

There has been a 3D Virtual Tour conducted of the whole property, it can be found on the listing.

Key featuers:
- 8 units, all with private bedrooms and bathrooms
- All units seperately metered and have their own safety switches
- Walking distance to Kelvin Grove State College
- Walking distance to QUT
- Easy access to public transport
- Good proximity to local shops
- Consistent gross rental return of $2,040pw
- School catchment area for Kelvin Grove State College

Tenancy information:
- Unit 1: $250pw
- Unit 2: $260pw
- Unit 3: $260pw
- Unit 4: $250pw
- Unit 5: $250pw
- Unit 6: $250pw
- Unit 7: $260pw
- Unit 8: $260pw

This property is being sold without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes only.

Property features

builtInRobes

Built-in Robes

Other features

Area Views, Close to Schools, Close to Shops, Close to Transport

Council rates

$1774.50 Quarterly

Land details

Area: 860m²

Interactive media & resources

Third view of Homely block of units listing, 33 Gibb Street, Kelvin Grove QLD 4059View more
Fourth view of Homely block of units listing, 33 Gibb Street, Kelvin Grove QLD 4059View more

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33 Gibb Street, Kelvin Grove QLD 4059
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