32 Sydney Street, Kedron QLD 4031

Multi-unit house on 814sqm | Kedron 11% growth zone | 8-bed config suits share housing | 5G coverage area This property presents as a rare multi-income residential holding in a suburb where unit values have risen 11.4% in twelve months. The 8-bedroom, 4-bathroom configuration across five units on an 814sqm lot offers an immediate rental yield advantage over single dwellings, with current weekly income potential between $1,190 and $1,475. The location within Wavell State High School catchment and proximity to primary schooling adds tenant demand stability. For a buyer seeking a single-title holding with multiple rental streams in a growth corridor, this property provides a built-in diversification that few houses in Kedron match. The principal risk lies in the property’s multi-unit status, which may limit exit options to investors rather than owner-occupiers, and the conflicting land size data (814sqm versus 410sqm) requires survey verification before commitment. The 34% site coverage and 9m roof height suggest redevelopment potential is constrained without council approval. Older sales data shows a 47% gain from 2020 to 2022, but the current $2.1 million estimate demands careful cash flow analysis against borrowing costs. A buyer should treat this as a yield-focused hold, not a quick flip, and confirm all five units are legally tenable before proceeding.