SOLD
Sold on 29 Aug 2024 for $700,000

202/705 Main Street
Kangaroo Point QLD 4169

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 91m2
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Property Details for 202/705 Main St, Kangaroo Point

202/705 Main St, Kangaroo Point is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 91m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Kangaroo Point in the last 12 months.

Building Type
Unit
Land Size
91m2
Local Government
Brisbane
Lot/Plan
202/SP310188

Last Listing description (July 2024)

Boasting a corner position on the quiet side of "M" Apartments looking out over leafy Kangaroo Point, this near new two bedroom property presents an exciting buying, downsizing or investment opportunity.

Offering a superb low-maintenance lifestyle, a generous open plan living and dining area spills out onto a spacious covered balcony, perfect for relaxing and hosting guests with ease. An impeccable gallery-style kitchen displays quality appliances, glass splashback and ample cupboard storage.

Looking out to a delightful vista, the master bedroom is a true sanctuary, offering a peaceful retreat with its generous size and ambiance. Offering mirrored built in robes and an ensuited bathroom fitted with floor to ceiling tiles, shower and toilet. A sizeable second bedroom features mirrored built in wardrobes, enjoying access to the two way main bathroom with shower and toilet.

Completing the property is a separate internal laundry and secure parking for one car, residents will also appreciate the added convenience of ample visitor parking and rooftop terrace with uninterrupted views of the Brisbane City skyline.

With a location forever in demand, this market offering is enticing for both professionals and investors with the offer of a vibrant lifestyle and resort style facilities to match.

Complex Features:
- Rooftop terrace
- Near new complex
- Ample visitor parking
- Intercom and lift access
- Quality and professional onsite management

Body corporate fees: $4,157 p.a.
Council rates: $2,000 p.a. (Approx)

It is hard to find a better location, with the re-development of the Gabba in readiness to host the Olympic games, the Cross River Rail already under construction, and just moments away the underway Green Bridge from Kangaroo Point to the city.

Kangaroo Point is an upscale inner-city peninsula paradise, surrounded by water and parklands. Transport needs are serviced by ferries, City Cats, buses with quick access to the Clem Jones tunnel, South East Freeway and Story Bridge. Entertainment is supplied by the Jazz Club, Story Bridge Hotel and the Gabba'.

Property History for 202/705 Main St, Kangaroo Point, QLD 4169

A timeline of how this property has performed in the market
Last Sold
$700,000
29 Aug 2024
  • 29 Aug 2024
    Sold for $700,000
  • 03 Jul 2024
    Listed for Sale Offers Over $750,000
  • 24 Sep 2021
    Sold for $641,000

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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.

Suburb Insights for Kangaroo Point 4169

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.