Urban Edge Apartments Kelvin Grove

Urban Edge Apartments | Kelvin Grove

 

What is around Urban Edge

Well located in Kelvin Grove a short hop from the CBD of Brisbane and a stroll to Queensland University of Technology (QUT Kelvin Grove Campus)

If you love golf , the neighbouring Victoria Park Golf Course gives you 18 holes of prestigous play, a function centre, a driving range and mini-golf facilities

At Urban Edge you are so close to everything with Kelvin Grove Urban Village servicing your shopping needs, providing access to a health club and indoor pool

Only 2km from Brisbane City and a pleasant stroll or short bus ride from Kelvin Grove Busway Station linking you to wherever your heart leads you. Or cycle along the many cycle ways to discover your area or get to where you want to go … by the way the City Bypass provides you with easy access directly to Brisbane Airport, Sunshine Coast and Gold Coast

Surrounded by retail shops, medical precincts and hospitals, entertainment, restaurants and more … you would not want for anything

The Apartments

The apartments are set in a leafy precinct in the inner north of Brisbane where each apartment has been designed to maximise the exterior views, the space inside has also been refined to create strong feelings of openness, natural light and cool breezes

The open plan living and dining ensure minimal effort, while the bedrooms and bathrooms allow natural transfer of light and air between the spaces. The clever wardrobes provide integrated space solutions to maximise storage and feature transparent partitions to encourage natural light

Courtyard style spaces will allow bedrooms to open out into larger areas and provide secondary storage facilities for you …

 

Facilities at Urban Edge

Facilities include landscaped gardens on the glorious pool deck or enjoy some yoga on the yoga lawn, a work out in the gym, or meet friends in the multipurpose recreation room. The sub tropical terraced gardens is a perfect place to escape after a long day and the opportunity to relax in the lagoon pool an inviting indulgence

Why Invest in Kelvin Grove

Kelvin Grove is now one of the most accessible suburbs in Brisbane’s inner city thanks to a high level of major transport infrastructure. Major projects recently completed, committed to or underway include :

  • $1.8 billion Northern Link
  • $4.8 billion Airport Link & Northern Busway
    • Australia’s largest road infrastructure project
  • $370 million Go Between Bridge
  • $2 billion development of the Kelvin Grove Urban Village
  • $510 million refurbishment of the Royal Brisbane and Woman’s Hospital
  • 6.8km CLEM7 tunnel

 

Employment Opportunities

Kelvin Grove and its immediate surrounds are home to a number of major employment nodes:

  • Just 2km away from Kelvin Grove, Brisbane CBD’s workforce is estimated at 75,000 people;
  • Queensland University of Technology’s Kelvin Grove Campus which currently has more than 11,000 students
  • Royal Brisbane, Royal Women’s and Royal Children’s Hospitals which collectively employ over 7,200 staff
  • Queensland Institute of Medical Research which employs a further 700 staff

 

STRONG RENTAL GROWTH GIVES KELVIN GROVE THE EDGE

Since June 2006 the Kelvin Grove apartment rental market has recorded strong growth in the median rents:

  • 1 bedroom apartment rents have recorded a healthy growth rate of 9.4% per annum
  • 2 bedroom apartment rents have recorded the strongest performance with an average of 13% per annum
  • 3 bedroom apartment rents have grown at a rate of 7.4% per annum

 


A RARE OPPORTUNITY IN BRISBANE’S APARTMENT MARKET

As the Urban Village nears its final stages of completion, development sites for apartment projects are now rare. It is likely that the market will reach a stage of undersupply by 2014.

– Resolution Research Statistics July 2010

“Kelvin Grove will promote substantial growth and returns on investment into the longer term. Its direct access to significant employment nodes, transport infrastructure and the underlying demand for property given the continued population growth should underwrite growth into the future.”

 

According to real estate research by PRD National, the recent performance of Kelvin Grove’s residential unit market is testament to the desirability of the suburb. The median price recorded in the six months to February 2012 was $485,000 and represents a healthy 15.5 per cent increase on the corresponding period in 2011.

“The delivery of high quality residential units in a progressively growing mixed-use community remains the chief reason why Kelvin Grove has performed extremely well since late 2011, whilst other Brisbane Suburbs remain stagnant,” says PRD National’s Rob Matta. “Strong rental growth (8.5 per cent average annual growth for the three years to March 2012 for two bedroom units and 5.8 per cent for one bedroom units) demonstrates both the growing demand for accommodation within the suburb and the impressive investment yields for investors,” he says.

 

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