32 Sydney Street
Kedron, QLD 4031

Overview

814sqm Double Block in Kedron - Opportunity Awaits

This property presents an exceptional opportunity to acquire a substantial 814 square meter double block, comprising two lots under one title, located in the sought-after suburb of Kedron. The site offers captivating city views and features four individual flats, each designed to provide immediate rental income, making it an ideal investment or development project.

Whether you are an experienced investor aiming to expand your portfolio, a developer seeking a promising project, or a buyer interested in land banking within a high-growth area, this property offers versatility, consistent income, and significant potential for future appreciation.

The four flats have been carefully designed to maximize space, comfort, and livability, catering to a broad tenant demographic. Each unit is separately metered, ensuring straightforward management and billing.

Flat 1 features an inviting air-conditioned living and dining area that ensures comfort throughout the year. The living space flows seamlessly into a well-equipped kitchen with a gas cooktop and ample storage options. Both bedrooms include built-in wardrobes, providing practical storage solutions. The central bathroom is functional with a shower, single vanity, and toilet. Additionally, a dedicated car space is provided for convenience.

Flat 2 offers a similarly appealing layout with an air-conditioned living area connected to a separate dining space, ideal for relaxed living and entertaining. The kitchen is practical and well-appointed with gas cooking and storage. The two bedrooms are well-sized, with built-in wardrobes in the second bedroom. A family bathroom and car accommodation complete the unit.

Flat 3 is designed with clearly defined living and dining zones, creating a spacious and separated environment. The kitchen includes gas cooking and ample storage. Both bedrooms have built-in wardrobes, and the main bedroom benefits from air conditioning for added comfort. A central bathroom and car accommodation are also included.

Flat 4 mirrors the practical and tenant-friendly design found throughout the complex. It features separate living and dining areas and a well-equipped kitchen with gas cooking. The main bedroom includes built-in wardrobes and air conditioning, while the second bedroom is generously sized. The centrally located bathroom is functional, and the unit has its own car accommodation.

The uniformity of layout and inclusions across the complex facilitates ease of management. The solid construction and low-maintenance design make this an attractive long-term holding asset.

Location is a key advantage, with the property situated just moments from local shops, cafes, quality schools, and public transport options. It also offers easy access to major arterial roads, the Airport Link, and the Brisbane CBD. Kedron remains in strong demand from both tenants and owner-occupiers, supported by its proximity to key lifestyle and employment hubs.

With four established tenancies and consistent rental appeal, this property represents an outstanding opportunity to secure a versatile asset in a tightly held location.

Flat 1 Features:
- Air-conditioned living/dining room
- Kitchen with gas cooktop and storage
- Master bedroom with built-in wardrobes
- Second bedroom with built-in wardrobes
- Family bathroom
- One car accommodation
- Current rent: $450 per week (expires 21st February 2027)
- Rental appraisal: $470 to $500 per week

Flat 2 Features:
- Air-conditioned living/dining room
- Kitchen with gas cooktop and storage
- Master bedroom
- Second bedroom with built-in wardrobes
- Family bathroom
- One car accommodation
- Current rent: $470 per week (expires 3rd February 2027)
- Rental appraisal: $470 to $500 per week

Flat 3 Features:
- Living/dining room
- Kitchen with gas cooktop and storage
- Master bedroom with built-in wardrobes and air conditioning
- Second bedroom with built-in wardrobes
- Family bathroom
- One car accommodation
- Currently vacant
- Rental appraisal: $570 to $600 per week

Flat 4 Features:
- Air-conditioned living/dining room
- Kitchen with gas cooktop and storage
- Master bedroom with built-in wardrobes and air conditioning
- Second bedroom
- Family bathroom
- One car accommodation
- Current rent: $500 per week (expires 11th June 2026)
- Rental appraisal: $570 to $600 per week

• Close to shops
• Close to public transport
• Close to schools
• Close to parks

Disclaimer:
Every effort has been made to ensure the accuracy of the information provided. However, prospective purchasers should conduct their own enquiries to verify all details.

Location