4/89 Herston Road, Kelvin Grove QLD 4059

Modern three-bedder in walkable Kelvin Grove | premium kitchen and balcony with built-in BBQ | strong rental demand near QUT and hospitals | recent complex sale confirms market depth This townhouse offers a rare combination of compact efficiency and premium finishes, with the oversized balcony and built-in BBQ creating genuine indoor-outdoor appeal that sets it apart from typical strata offerings. The master suite with private ensuite and ducted air conditioning positions it strongly for professional couples or downsizers seeking low-maintenance urban living, while the 165 square metre internal footprint provides generous space for its three-bedroom configuration. The recent sale of unit 10/89 at $1.27 million demonstrates clear buyer appetite in this complex, and the property’s competitive pricing relative to that benchmark suggests limited downside risk for a purchaser negotiating from a position of knowledge. The bushfire overlay is the primary risk factor, requiring confirmation of insurance premiums and any additional compliance costs before proceeding. However, the absence of flood or heritage overlays and the property’s location in a high-demand corridor between QUT and the Royal Brisbane Hospital mitigate broader market concerns. For an investor, the $900 to $1,000 per week rental estimate provides a solid yield in a suburb with consistent tenant demand, while owner-occupiers benefit from the walkability to amenities and the security of a Bosch alarm system. The automatic lock-up garage with storage adds practical value often missing in inner-city townhouses.