FOR SALE
$525,000+

352/85 Deakin Street
Kangaroo Point QLD 4169

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 60m2
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OPEN HOME CANCELLED - UNDER OFFER!

Don't miss this fantastic opportunity at the heart of Kangaroo Point
This neat two bedroom (or spacious 1 + study) apartment is a perfect addition to any property portfolio, whether you're looking for an ideally located inner-city home or a savvy investment with strong rental yields.
The open-plan layout features a spacious living area seamlessly connected to a galley kitchen. The master bedroom, situated on a mezzanine level, includes an ensuite, offering both privacy and a beautiful view down to the living spaces below. Buyers can opt to purchase the property furnished or unfurnished, making it a great choice for first-time homeowners or investors.
Step outside onto the patio, an excellent extension of the interior, perfect for unwinding after a long day or hosting intimate gatherings.
Located adjacent to the Story Bridge Hotel, Rivercity Terrace provides convenient access to shopping and eateries, just a short stroll to the cross-river ferry, and soon, the green bridge to the city. Don't miss out on this versatile opportunity!
Body corporate contributions: $5,371 p.a.
Council rates: $2,951 p.a. (Approx)
- Size: 60sqm of living + 14sqm car space
It is hard to find a better location, with the Cross River Rail well under construction, and just moments away the underway Green Bridge from Kangaroo Point to the city. This is the Olympic dream location for buyers.
Kangaroo Point is an upscale inner-city peninsula paradise, surrounded by water and parklands. Transport needs are serviced by ferries, buses and 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'.
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Property Details for 352/85 Deakin St, Kangaroo Point

352/85 Deakin St, Kangaroo Point is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces and was built in 1997. The property has a floor size of 60m2. The place is currently for sale with Kangaroo Point Real Estate .

Building Type
Apartment
Year Built
1997
Floor Size
60m2

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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 6,986 properties. Over the last 5 years, Houses in Kangaroo Point have seen a 51.36% increase in median value, while Units have seen a 70.85% increase. As at 31 October 2024:

  • The median value for Houses in Kangaroo Point is $1,639,896 while the median value for Units is $814,451.
  • Houses have a median rent of $700 while Units have a median rent of $670.
There are currently 40 properties listed for sale, and 27 properties listed for rent in Kangaroo point on OnTheHouse. According to CoreLogic's data, 360 properties were sold in the past 12 months in Kangaroo point.

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