Solid Yield with Plenty of Growth Potential

1/12 Jubilee Terrace, Ashgrove, QLD 4060



Price Guide

Sold $736,000
11th Aug, 2023
Suburb Profile

What’ll be your tenant’s favourite spot in this double-storey townhome nestled quietly behind a row of classic Ashgrovians? The upper deck with its ‘away from it all’ vibes? The covered terrace with enough space for a 10 seater? Or inside, zoning out on the sofa with a bowl of popcorn and your favourite Netflix series?

This home, with a tenant already in place to FEBRUARY 2024, allows you to reap the rewards of an investment in one of Brisbane’s favourite suburbs. Ashgrove has been long loved for its peaceful tranquility, green parkland and the well-known schools many of the local children attend. NOTE – it falls within the Kelvin Grove secondary school catchment zone.

The lower level of the home is devoted to gathering spaces, with a stone kitchen, living and dining areas. Glass sliders expand the space to embrace the well-sized undercover terrace, and the kitchen servery makes entertaining even easier.

Up the soft, carpeted stairs (keeping noise levels down) are three bedrooms; the main boasting a walk-in robe and ensuite. The main bathroom services the other two bedrooms, making mornings relaxed for the whole family, before jumping in the car for school drop-offs and a quick coffee at the local on your way to the office.


+ As an investment, this property is currently returning $675 per week, making it a fabulous land banking opportunity

+ The end position of the townhome makes it open to light and breezes on three of its sides (a huge bonus in townhouse living)

+ Tiles throughout the lower level keeps cleaning to a minimum, and your back terrace and deck only need a quick hose down every now and then to keep them looking fresh!

+ Having two car spaces is also quite rare in inner-city townhomes, a valuable asset to your property. One is a car port, the other is an open space

+ Your two outdoor areas are perfect for the person in your family who dons ‘the green thumb’ – so much room for pots of lush, green plants and even a herb garden


+ Many residents refer to Ashgrove as Brisbane’s number one suburb – one of the reasons might be the sand crab lasagne at the Ashgrove Golf Club (think: your once a month treat!) Bon Apetit!


1/12 Jubilee Terrace,
Ashgrove, QLD 4060

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