SOLD
Sold on 19 Mar 2024 for $3,000,000

28 Bell Street
Kangaroo Point QLD 4169

Bedrooms: 4
Bathrooms: 3
Car spaces: 6
Floor area: 200m2
Land area: 481m2
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Property Details for 28 Bell St, Kangaroo Point

28 Bell St, Kangaroo Point is a 4 bedroom, 3 bathroom House with 6 parking spaces and was built in 1920. The property has a land size of 481m2 and floor size of 200m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 4 bedroom House sold in Kangaroo Point in the last 12 months.

Building Type
House
Year Built
1920
Floor Size
200m2
Land Size
481m2
Local Government
Brisbane
Lot/Plan
17/RP11109

Last Listing description (November 2023)

Brisbane is on the move.

The inner core of Brisbane City is a village full of entertainment, lifestyle and excitement.


Once in a blue moon, a rare piece of freehold property becomes available to those demanding something special.

The blue moon has arrived.

Presenting 28 Bell Street Kangaroo Point.

Nestled quietly between River Terrace on the majestic Kangaroo Point Cliffs, and Main Street leading to the mighty "Gabba", is a special block ready for an extraordinary family home.

This magnificent residence will be a "Jewel in the Crown" of inner-city Brisbane freehold residences and will provide the astute owners with access to Brisbane available only to a few.

Less than a minute's stroll from the front of the property are the towering Kangaroo Point Cliffs, and the best views of Brisbane that could be imagined.

As you arrive at the cliffs, you look left to the vision of South Bank in all its glory, and directly in front, the beauty of Brisbane's colourful and spectacular Botanical Gardens. To the right, you witness the city in all its splendour, leading around to the Story Bridge and the lively Howard Smith Wharf's food and entertainment precinct.

Directly below the cliffs, connecting all, is the mighty Brisbane River full of water sport and boating activity.

At night, the cliffs are a sea of lights as the city comes to life with locals and visitors from all over taking in the magnificent spectacle that greets them.

New "Super Green Bridges" are only minutes' walk from the cliffs allowing access to the city and all it has to offer.

From the Jazz Club near the famous Story Bridge Hotel around to the "Southbank Ballet and Theatre Precinct", it's a world of dreams.

The new Cross River Rail is only a short walk away from your extraordinary residence, allowing access to a rail network that provides simplicity and efficiency.

The property is extremely close to many of Brisbane's most prestigious private schools and educational institutions.

Quick access to City Cat also provides the opportunity to tour greater Brisbane from the University of Queensland right through to the "Powerhouse" at New Farm Park, leading to the "Oxford Street Cafe Precinct" at Bulimba, and "Hamilton Harbour" at Dockside.

The "piece de resistance" though is the fact that your home will be only a few minutes' walk to the new Queens Wharf entertainment mecca, a global tourist attraction bringing shopping and dining lifestyle in 2024 to a new level.

Equally as close will be Australia's newest Business Trade Centre, the Dexus Twin Towers at Pier 9, a short stone's throw across the river, easily visible directly from the cliffs, a heartbeat from your residence.

Suncorp Stadium and the exciting "Brisbane Live Arena" at Roma Street are also only minutes away, along with the famous "Gabba", making Kangaroo Point Brisbane's new "Super Suburb".

But all these incredible lifestyle options fall short in comparison to the magnificent residence that awaits you after your big day exploring our incredible city.

This house is "style and elegance personified" and makes a statement.

It towers four levels over the Kangaroo Point valley and sits metres from the heart of Brisbane's Riverfire hotspot.

It is a dream residence:
Palatial master bedroom with walk in robe, elegant ensuite, sitting room, security hub and balconies.
Spacious second bedroom with ensuite, retreat and winding balcony.
Large third and fourth bedrooms with ensuites and balconies.
Guest room.
Executive kitchen.
Four car accommodation (plus two carport parking if required).
Three storey lift.
Heritage wine and cigar room.
Central air conditioning.
Laundry and chute.
Family living and separate dining.
Rumpus.
Barbecue entertaining
Security and fencing.
Alfresco dining area.
Grass courtyard and landscaping.
Stylish pool and entertainment area.


Other considerations for the block:

"Land Banking".

"High rise unit development".

This extraordinary piece of freehold land is not burdened by any easements or encumbrances.

It is zoned "Medium Density Residential".

Under the Town Planning provisions, the building can be removed or demolished not requiring lodgement of a development application with local government, however it will require building approvals from a building certifier.

Under the Town Planning framework, a unit development could be approved up to "five storeys", opening the door to the astute buyer to consider a high-rise development on the site.

This provides an opportunity for a developer to purchase the block and "land bank", or simply purchase the land with the view of developing prestigious units in time to come.

Purchase options:
1) Purchase the land and build the residence (Prestige Builders available to construct). Plans can be changed to suit the buyer.
2) Purchase the land and hold for future development (land bank).
3) Purchase the land and build a high-rise unit development.

Buyer and Seller Real Estate Agents are welcome.

To contact the advertiser, text this code *GHAL* to 0472 782 321, or send an email.

Property History for 28 Bell St, Kangaroo Point, QLD 4169

A timeline of how this property has performed in the market
Last Sold
$3,000,000
19 Mar 2024
Listed for Rent
$550/w
28 Sep 2011
  • 19 Mar 2024
    Sold for $3,000,000
  • 28 Nov 2023
    Listed for Sale $7,400,000 plus
  • 06 Mar 2017
    Sold for $1,250,000
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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 6,991 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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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.