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5 / 321 Kelvin Grove Road
Kelvin Grove, QLD 4059

FOR SALE / AUCTION

Commercial 5 cars 189 m²

Listed Date: 22nd May 2026

Overview

Secure Inner-City Office Investment

This commercial property, Unit 5/321 Kelvin Grove Road, Kelvin Grove, is offered for sale via public auction scheduled onsite on the 18th of June 2026. It is strategically located close to Brisbane's future Olympic Precinct, positioning both the property and its tenants to benefit from the area's ongoing development and growth.

The property is situated in the heart of Kelvin Grove's vibrant commercial precinct within the 'Bishopsgate' complex. This prominent commercial complex consists of multiple two-level strata-titled units and offers secure undercover and on-grade parking facilities.

Unit 5/321 Kelvin Grove Road presents an excellent investment opportunity with 242 square meters of well-appointed office space, including a 53 square meter mezzanine. The office spans two functional levels, providing a versatile and naturally lit workspace. It includes a variety of offices, open plan areas, and a boardroom, catering to diverse business needs.

The site area is approximately 189 square meters, complemented by five exclusive-use car parks, with two undercover and three on-grade spaces. The property is fully tenanted by Community Management Solutions, generating a net income of $96,198 per annum plus GST, with outgoings of $12,702 per annum.

Amenities are available on both levels, including a PWD-compliant toilet on the ground floor. The property enjoys outstanding exposure to thousands of passing vehicles daily, enhancing its commercial appeal.

Nearby amenities include ALDI, Newmarket Shopping Village, Kelvin Grove Village, QUT University Precinct, and Kelvin Grove State School. The location is approximately 3 kilometers from the Brisbane CBD and offers excellent connectivity to major arterial networks such as the M3, M5, and M7. It is also near the designated Olympic precinct and the wider metropolitan growth corridor.

Kelvin Grove is recognized as one of Brisbane's most sought-after inner-city suburbs, located just north of the CBD. The property benefits from direct access to Kelvin Grove Road, the Inner-City Bypass, the M7 Airport Link, and the M1 Riverside Expressway, providing exceptional connectivity across Brisbane and beyond.

This opportunity is ideal for astute investors seeking to secure a premium asset in a tightly held inner-city location with strong growth prospects.

All measurements and figures are approximate.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.