SOLD
Sold on 02 Aug 2024 for $1,200,000

15/89 Lambert Street
Kangaroo Point QLD 4169

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 103m2
Land area: 170m2
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Property Details for 15/89 Lambert St, Kangaroo Point

15/89 Lambert St, Kangaroo Point is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2006. The property has a land size of 170m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom Unit sold in Kangaroo Point in the last 12 months.

Building Type
Unit
Year Built
2006
Floor Size
103m2
Land Size
170m2
Local Government
Brisbane
Lot/Plan
15/SP180825

Last Listing description (November 2022)

Located in the 'Story' complex, this large 3 bedroom apartment has taken advantage of its premium east facing location and river views. The city skyline is continually in sight thanks to the galleries of windows and floor to ceiling glass doors, boasting views of the Brisbane City.

The open and spacious design boasts generous living spaces that effortlessly merge, leading out through floor to ceiling glass doors to the expansive 37 square metre balcony. Overlooking the combined living/dining area is a cleverly designed kitchen. The perfect sanctuary for aspiring chefs, this streamlined galley-style kitchen boasts a beautifully appointed breakfast bar, crisp white cabinetry and a range of stainless steel appliances.

The oversized master suite is the perfect retreat with plenty of space and views. It offers an impressive walk-in robe and ensuite as well as private access to the balcony. There are two other sizeable bedrooms, both featuring built-ins and floor to ceiling windows that take full advantage of natural light and those amazing views.

Property Features:
- 3 Bedrooms
- 2 Bathrooms
- 2 Side-by-side car spaces on basement 1 near lifts
- Total 140sqm - Internal 103sqm, External 37sqm
- Potential rental income $800 per week unfurnished
- Brisbane City and River Views

The resort-style apartment complex encompasses two contemporary towers consisting of 72 apartments, surrounded by meticulous manicured gardens and benefitting from excellent facilities. The facilities include a resort-style swimming pool, a fully -equipped gym, lift access, security and onsite management.

Falling within the East Brisbane State School and Coorparoo Secondary College catchment areas, this superb residence is also a short drive from All Hallows' School, Saint Joseph's Primary School and Anglican Church Grammar School.

Just 800 metres from the Mowbray Park Ferry Terminal, this property is also just minutes from the dining precincts of Eagle Street Pier, Howard Smith Wharfs and South Bank. Ease of access to the CBD, Kangaroo Point Cliffs, riverwalks, QUT's Gardens Point campus and surrounding areas makes this an enviable central location.

The residence is positioned in a suburb that has experienced consistent capital growth over the last ten years. Planned infrastructure additions in the area include the new pedestrian bridge, future Woolworths and upcoming events in 2032. This is a rare opportunity to ensure strong growth for future returns.

For information regarding the Brisbane Inner City property market please go to https://raywhiteiba.com.au/news.

If you require FIRB please advise the agent in writing and visit -https://firb.gov.au/ to ensure that you are in a position to buy.

DISCLAIMER: Whilst every effort has been made to ensure the accuracy of information contained about this property, it does not constitute any warranty or representation by the vendor or agent. All information contained herein is gathered from sources we consider to be reliable. All interested parties must solely rely on their own inspections, enquiries and searches with all relevant authorities.

Property History for 15/89 Lambert St, Kangaroo Point, QLD 4169

A timeline of how this property has performed in the market
Last Sold
$1,200,000
02 Aug 2024
Listed for Rent
$745/w
29 Mar 2017
  • 02 Aug 2024
    Sold for $1,200,000
  • 08 Sep 2022
    Sold for $890,000
  • 29 Aug 2022
    Listed for Sale Offers Over $875,000
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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 6,992 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 37 properties listed for sale, and 37 properties listed for rent in Kangaroo point on OnTheHouse. According to CoreLogic's data, 354 properties were sold in the past 12 months in Kangaroo point.

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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.