18A Thorn StreetKangaroo Point QLD 4169
Property Details for 18a Thorn St, Kangaroo Point
Last Listing description (September 2023)
Argus Commercial proudly presents for lease a fully equipped cafe & or restaurant property.
Fixtures available with the lease include gas cookers, thermo oven, fridges, freezer, water separator, counter space, crockery, cutlery, cake display & rangehood extraction. Total value of the equipment and furniture approximately $40,000.
The freehold title shop is characterised by;
- A 30 metre (approx) east facing street frontage with windows that slide to one end
- A generous seating area ideal for a bar or outdoor dining
- Strong local catchment of high rise apartments
- All modern service connections including water separator (located in a basement area)
- Exclusive use of covered outdoor seating area
Council Rates & Insurance: $716 per mth
Other Charges: $Nil
No set up costs. Operate immediately.
Property History for 18a Thorn St, Kangaroo Point, QLD 4169
- 31 Aug 2024Sold for $844,800
- 17 May 2023Listed for Rent $49,999 / year
- 27 Feb 2023Listed for Sale please call Argus
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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.
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