SOLD
Sold on 07 Mar 2024 for $650,000

2/40 Castlebar Street
Kangaroo Point QLD 4169

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 118m2
Land area: 118m2
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Property Details for 2/40 Castlebar St, Kangaroo Point

2/40 Castlebar St, Kangaroo Point is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1968. The property has a land size of 118m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom Unit sold in Kangaroo Point in the last 12 months.

Building Type
Unit
Year Built
1968
Floor Size
118m2
Land Size
118m2
Local Government
Brisbane
Lot/Plan
2/BUP167

Last Listing description (April 2024)

Set within a boutique complex of only six residences and just a stone's throw from scenic riverwalks and city-bound bus stops, this incredible property presents an exciting buying or investment opportunity. Also close to the heart of Brisbane's CBD, this fantastic residence boasts a convenient address and exceptional potential for investors looking to expand their property portfolio or individuals wanting to a convenient lifestyle in Kangaroo Point.

This property will be of appeal to purchasers looking to add their own vision and design. The apartment requires renovation to bring up to a liveable standard.

Stepping inside, you will find a generous open-plan living and dining area. Encouraging natural light to flow throughout the property, large glass sliding doors open out to a covered balcony.

Finishing the residence are three sizeable bedrooms, a tidy main bathroom with laundry facilities, plus a separate toilet. Complete with secure parking for one car.

Additional information :
Body Corporate Contributions
Administration Fund: $1,208.33 per quarter approx.
Sinking Fund: $208.33 per quarter approx.
Total Contributions: $1,416.66 per quarter approx.
Council Rates: $578.30 per quarter approx.

Minutes from Mowbray Park and its ferry terminal, this brilliant property is near a slew of shops and dining options. The popular Howard Smith Wharves, James Street, Eagle Street Pier, South Bank and West End precincts are easily accessible from this address, as well.

Falling within the East Brisbane State School and Coorparoo Secondary College catchment areas, this marvellous residence is also a short distance from Saint Joseph's Catholic Primary School, Somerville House and Anglican Church Grammar School. Additionally, students and investors alike will appreciate the apartment's proximity to Shafston International College. Do not delay ? call to arrange an inspection today.

Disclaimer
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

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Property History for 2/40 Castlebar St, Kangaroo Point, QLD 4169

A timeline of how this property has performed in the market
Last Sold
$650,000
07 Mar 2024
Listed for Rent
$495/w
09 Nov 2011
  • 07 Mar 2024
    Sold for $650,000
  • 26 Feb 2024
    Sold for $515,000
  • 11 Dec 2023
    Listed for Sale Not Disclosed
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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, 359 properties were sold in the past 12 months in Kangaroo point.

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