1/10 Prospect Terrace, Kelvin Grove QLD 4059

New 2025 build | QUT walking distance | Bushfire overlay present | 116sqm internal space The property’s competitive strength lies in its combination of a brand-new 2025 build with a generous 116 square metres of internal space, a configuration rarely found in inner-city apartments. Its position less than one kilometre from QUT and three kilometres from the Brisbane CBD creates a dual demand base from both professional renters and students, while the Kelvin Grove State College catchment adds long-term family appeal. This unit best suits an investor seeking a low-maintenance property with strong rental fundamentals in a precinct undergoing redevelopment. The bushfire overlay introduces a specific risk that may affect insurance premiums and future resale buyer pools, though no flood or heritage constraints apply. The absence of rental estimate data suggests limited comparable stock, which can work in a buyer’s favour when setting initial lease terms. With approved development applications nearby, capital growth potential exists from area uplift. Hold this property for steady rental yield and medium-term capital appreciation, leveraging its proximity to major employment and education nodes.