29/20 Alice Street, Kedron QLD 4031

Balcony views | lift access | inner-north position | 79sqm internal | 93sqm lot This two-bedroom unit at 20 Alice Street presents a rare combination of functional size and modern convenience in an established inner-north corridor. The 79sqm internal floorplan with two bathrooms and a balcony with elevated views gives it a genuine edge over the typical compact apartment, and lift access to the third floor removes a common friction point for downsizers and investors alike. With a 90% owner-occupier ratio in the building and strong school catchment proximity, the buyer is positioned in a low-turnover, high-demand pocket that supports both capital stability and rental appeal. It suits a first-home buyer seeking a long-term foothold or an investor targeting a tenant profile that values space and amenity over flash. The primary risk is the recent 2025 sale history, which may indicate a quick resale and warrants scrutiny of body corporate records, sinking fund health, and any special levies that could erode yield. The rental estimate of $680 per week offers a reasonable return against the value range, but the 9-day average days on market in Kedron signals a fast-moving market where overpaying is easy if due diligence is rushed. No flood or bushfire overlays reduce insurance friction, and 5G plus NBN coverage supports modern living expectations. Hold this property as a medium-term core holding, not a flip.