SOLD
Sold on 14 Feb 2024 for $710,000

1010/18 Thorn Street
Kangaroo Point QLD 4169

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 77m2
Land area: 107m2
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Property Details for 1010/18 Thorn St, Kangaroo Point

1010/18 Thorn St, Kangaroo Point is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 107m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Kangaroo Point in the last 12 months.

Building Type
Unit
Year Built
2014
Floor Size
77m2
Land Size
107m2
Local Government
Brisbane
Lot/Plan
1010/SP209177

Last Listing description (April 2024)

Boasting a corner position and looking out over manicured grounds to the Brisbane River, affluent New Farm and beyond, this fantastic fully furnished two bedroom property presents an exciting buying, downsizing or investment oppournity.

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. Floor to ceiling windows not only flood the apartment with natural light but also provide uninterrupted views of the picturesque river. 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 main bathroom with shower and toilet.

Completing the property is a functional study nook, separate internal laundry and secure parking for one car, with the added convenience of ample visitor parking. Residents will also appreciate the complex's sparkling in ground pool, fully equipped gymnasium and beautifully landscaped communal areas. With onsite professional management, you can enjoy peace of mind and a hassle-free lifestyle.

Current rental return of $800 per week.

Property features:
- Fully furnished
- High floor, corner position
- Covered entertainer's balcony
- Spacious master suite with mirrored built in robes and ensuite
- Sizable second bedroom with mirrored built in robes
- Main bathroom fitted with floor to ceiling tiling, shower and toilet
- Functional study nook
- Separate concealed laundry
- Cleverley placed storage
- One secure car space
- Enticing for both owner occupiers and investors

Complex features:
- Sparkling in ground pool
- Fully equipped gymnasium
- Beautifully landscaped communal areas
- Ample visitor parking
- Professional onsite management

Body corporate contributions: $4,222 p.a.
Council rates: $1,800 p.a. (Approx)

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.

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'.

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 History for 1010/18 Thorn St, Kangaroo Point, QLD 4169

A timeline of how this property has performed in the market
Last Sold
$710,000
14 Feb 2024
Listed for Rent
$650/w
14 Sep 2021
  • 14 Feb 2024
    Sold for $710,000
  • 15 Jan 2024
    Listed for Sale $710,000
  • 05 Apr 2019
    Listed for Rent - Price not available
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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 6,991 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 36 properties listed for sale, and 34 properties listed for rent in Kangaroo point on OnTheHouse. According to CoreLogic's data, 361 properties were sold in the past 12 months in Kangaroo point.

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Justin Smith
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Soren Andersen
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Kangaroo Point Real Estate
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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.