28 Guildford Street, Kelvin Grove QLD 4059

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28 Guildford Street, Kelvin Grove QLD 4059

Coming To Market Soon

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$1.6M - $1.7M Medium Confidence Calculated based on our search observations.

House 2 Beds 1 Bath 1 Car

Listed: 2 hours ago

Overview

This brick-and-weatherboard residence located in Kelvin Grove presents a unique opportunity for investors and owner-occupiers seeking dual-income potential. The property features two distinct living areas under one roof, one solid brick lower residence currently tenanted, and an upper weatherboard level that is vacant and ready for occupation or leasing.

The upper level retains classic character with features such as timber floors, VJ walls, fretwork archways, and coloured-glass doors, complemented by an enclosed sunroom and a large wraparound deck overlooking leafy treetops. It comprises three bedrooms, a bathroom, separate living and dining rooms, and a kitchen ready for restoration to its former glory.

Downstairs offers a freshly updated two-bedroom dwelling with its own entrance, timber-look flooring, a modern kitchen featuring gas cooking and stainless steel appliances, alongside access to a covered outdoor area and a fenced backyard. The property provides off-street parking via driveway and includes a fenced, lawned backyard with established screening trees offering privacy.

This location benefits from proximity to educational institutions like Kelvin Grove State College, the QUT Kelvin Grove Campus, and the Herston health precinct, making it attractive to a diverse tenant pool including students and medical professionals. The property's potential to add further value through renovations and facade refresh adds to its appeal.

Two separate residences offering dual rental streams
Classic architectural details with scope for modernization
Convenient location close to universities and hospitals
Off-street parking and well-maintained outdoor areas
Potential for owner-occupiers to offset costs with rental income

This property is recommended for buyers seeking a solid investment or a versatile home in a blue-chip inner-city suburb with considerable upside.

Local Market Insights

In Kelvin Grove, Quiet Listings observed 15 new houses entering the market over the last 30 days, up from 9 during the previous 30-day period, with an average advertised asking price of $1,451,933. The property type mix of listed properties is predominantly Houses at 46%, followed by apartments (19%), and units (14%). The most active agency for houses in the Kelvin Grove area is currently Calibre Real Estate | Your Way Home, representing 27% of new listings, followed by Aurora Property with 20%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

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.