FOR SALE
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18 Salstone Street
Kangaroo Point QLD 4169

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 204m2
Land area: 405m2
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Charming Character Home with City Views bound for Exponential Growth

Auction: Wednesday 6th November @ 6pm
Location: Place HQ - 10 James St, Fortitude Valley QLD 4006
Welcome to 18 Salstone Street, Kangaroo Point. Embrace timeless charm and convenience at 18 Salstone Street, a 3-bedroom home in the highly sought-after Iconic Brisbane suburb of Kangaroo Point. This is your one-time opportunity to secure a property with massive potential in a guaranteed growth location.
The house has a charming architectural triple-gable exterior, signalling a quality build in wealthier economic times during the pre-war period. Upon entering, you'll be greeted by original VJ walls, polished timber floors, and impressive high ceilings that simply scream grandeur with a coat of paint.
The home has a classic, practical layout with generously sized bedrooms, living and dining. The main bathroom services the upstairs area while an extra powder downstairs next to the laundry adds to the home's functionality. The well-spaced kitchen is ready to be upgraded to an enjoyable area looking out to the back porch and yard. The house is fully air-conditioned, perfect to move in or bring immediate cash flow with tenants.
Outside, the private backyard provides a tranquil space for relaxation, entertaining or for the kids to run around. The property also features a double garage, offering secure parking and abundant extra storage.
Whether you would like to owner-occupy and make this your dream home, or invest in the suburb which has seen 10% - 20% growth over the past 12 months alone - this is an opportunity with so much potential on a 405sqm lot that should not be missed. The options to add value to this property are endless - renovate, lift/raise & build under, add a pool, build a shed or granny flat (STCA).
Situated in a prime location, this home is close to local amenities, parks, and excellent transport links. You're only a short distance away from the city and public transport, the street is popular with families. Just in time for the opening of The Kangaroo Point Green Bridge that will link Kangaroo Point to the CBD and features several unique riverside dining venues. Don't miss this opportunity to own a piece of Kangaroo Point with such unique character and modern amenities. Contact us today to schedule a viewing of 18 Salstone Street and experience its charm first-hand.
Features
- Original polished timber floors and VJ Walls
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Property Details for 18 Salstone St, Kangaroo Point

18 Salstone St, Kangaroo Point is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 405m2 and floor size of 204m2. The place is currently for sale with Place Annerley.

Building Type
House
Floor Size
204m2
Land Size
405m2

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About Kangaroo Point 4169

The size of Kangaroo Point is approximately 1.8 square kilometres. It has 6 parks covering nearly 12% of total area. The population of Kangaroo Point in 2011 was 6,999 people. By 2016 the population was 8,050 showing a population growth of 15.0% in the area during that time. The predominant age group in Kangaroo Point is 20-29 years. Households in Kangaroo Point are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kangaroo Point work in a professional occupation. In 2011, 37.5% of the homes in Kangaroo Point were owner-occupied compared with 36.9% in 2016.

Kangaroo Point has 6,999 properties. Over the last 5 years, Houses in Kangaroo Point have seen a 55.75% increase in median value, while Units have seen a 65.41% increase. As at 30 September 2024:

  • The median value for Houses in Kangaroo Point is $1,635,935 while the median value for Units is $817,925.
  • Houses have a median rent of $700 while Units have a median rent of $650.
There are currently 50 properties listed for sale, and 37 properties listed for rent in Kangaroo point on OnTheHouse. According to CoreLogic's data, 368 properties were sold in the past 12 months in Kangaroo point.

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Ryan Lim & Lauren Tang
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