FOR SALE
$395,000+

5007/55 Baildon Street
Kangaroo Point QLD 4169

Bedrooms: -
Bathrooms: 1
Car spaces: -
Floor area: 36m2
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Great Investment (7%+ gross return) or Inner City Base

Located in one of Kangaroo Point's most sought after riverside complexes 'Bridgewater Apartments', this fully furnished, newly renovated studio apartment is the perfect entry into the market for first home buyers or investors who are looking for a set & forget income stream.
Boasting a slick compact layout filled with sunlight, this apartment features an open floor plan with a fully functional kitchen featuring ample storage space. The bedroom space is of great proportion with easy access to the bathroom displaying a modern glass shower, toilet and tucked away storage.
Completing the studio is a reverse cycle air conditional and ample cleverly placed storage. Residents will also appreciate the complexes resort style facilities such as sparking in ground pool and spa, fully equipped gymnasium, sauna, BBQ are and direct access to the river boardwalk.
Body corporate contributions: $3,820 p.a.
Council rates: $2,000 p.a. (Approx)
It is hard to find a better location, with 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'.
The area boasts many high-quality restaurants and cafes, all within walking distance. Those who reside in Kangaroo Point enjoy the benefits of an inner-city lifestyle in a peaceful setting without the hustle and bustle. Strong demand exists for both rentals and sales in this exclusive premier location.

Property Details for 5007/55 Baildon St, Kangaroo Point

5007/55 Baildon St, Kangaroo Point is a bedroom, 1 bathroom Studio. The property has a floor size of 36m2. The place is currently for sale with Kangaroo Point Real Estate .

Building Type
Studio
Floor Size
36m2

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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 6,993 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 35 properties listed for sale, and 36 properties listed for rent in Kangaroo point on OnTheHouse. According to CoreLogic's data, 359 properties were sold in the past 12 months in Kangaroo point.

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