40 Glen Street, Kelvin Grove QLD 4059

The house isn't much to look at but this site hides a very exciting secret - 2 LOTS! This property is one of very few splitter blocks left in Kelvin Grove (probably in the Inner City) so get in very quickly to secure this awesome purchasing opportunity. We've checked the 1946 photo on PD Online (Councils development planning site) and the house didn't exist... giving a very good starting point for the potential to remove it, split the titles and build two fantastic small lot homes (subject to council approval).

If you like the house and the 425sqm block - fantastic! It has good bones and will look great after a bit of TLC.

Whilst you are deciding how to proceed with your renovation (or removal) you have the option of keeping the tenants on (paying $400/week) to help with holding costs. If you want to get started ASAP they are on a periodic lease so can be out in 30 days.

Currently this Property Features:

- A well proportioned 425sqm block with plenty of space for increasing the size of the house or splitting the block and creating two small lot sites.
- Large separate lounge room and dining room.
- Separate Kitchen beside the dining room.
- 3 Good sized bedrooms all with direct entry to a sunroom.
- Under the house is a second bathroom and a utility room (not quite legal height).
- Well maintained flat backyard.
- The current home offers a great starting point for any changes, extensions, additions.


Why Buy 40 Glen St?

The opportunity that this property offers to its new owners is it's real plus. Keep the current house, raise and renovate or remove it and split the block (subject to council approval). Whatever you decide to do, you can do it with the comfort of buying in a premium suburb that will remain popular with buyers, and on a quiet street where other owners have already completed fantastic renovations.


The Location:

Kelvin Grove has become a popular suburb for a range of people wishing to live close to Brisbane City, Queensland University of Technology (QUT) and the Royal Brisbane Hospital.

The suburb's proximity to the city makes it a popular residence for young people, who study at QUT's Kelvin Grove campus, or commute into the city centre for work.
Located less than 4km north west of Brisbane's CBD, it is a hilly and pretty suburb. It has experienced good growth in median house prices over the past five years as buyers have taken advantage of the suburb's proximity to the city.

Kelvin Grove has had an infrastructure boom over the last 5-7 years with the development of the Kelvin Grove Village. The village is home to a number of shops, cafes, restaurants and a Woolworths. The Village is also the site of the weekly Kelvin Grove Farmers markets - a popular attraction of the suburb.

Well serviced by buses with easy access to the city along hers ton Rd, Kelvin Grove Road and other major roads, Kelvin Grove will continue to attract residents and tenants.