SOLD
Sold on 18 Oct 2023 for $605,000

3/40 Castlebar Street
Kangaroo Point QLD 4169

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 85m2
Land area: 119m2
Sold By
Richard Willert
Place Kangaroo Point
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Property Details for 3/40 Castlebar St, Kangaroo Point

3/40 Castlebar St, Kangaroo Point is a 3 bedroom, 1 bathroom Unit and was built in 1967. The property has a land size of 119m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 3 bedroom Unit sold in Kangaroo Point in the last 12 months.

Building Type
Unit
Year Built
1967
Floor Size
85m2
Land Size
119m2
Local Government
Brisbane
Lot/Plan
3/BUP167

Last Listing description (January 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 live a premium lifestyle in Kangaroo Point.

Ready to be updated or enjoyed as is, the apartment features carpeted floors and a versatile neutral colour palette.


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. There is also a superb kitchen displaying quality appliances, a tiled splashback, ample cupboard storage and an internal servery window.

Finishing the residence are three sizeable bedrooms; all encompass built-in robes, while one links to the balcony. A tidy main bathroom has laundry facilities, plus a separate toilet.

Complete with secure parking for one car and use of a storage room, the apartment also includes air-conditioning in one bedroom. The remaining two bedrooms and the central living area have ceiling fans.

Additional information :
Body Corporate Contributions
Administration Fund: $1,208.33 per quarter approx. excl. insurance
Sinking Fund: $208.33 per quarter approx. excl. insurance
Total Contributions: $1,416.66 per quarter approx. excl. insurance
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:
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.

Property History for 3/40 Castlebar St, Kangaroo Point, QLD 4169

A timeline of how this property has performed in the market
Last Sold
$605,000
18 Oct 2023
Listed for Rent
$500/w
23 Sep 2022
  • 18 Oct 2023
    Sold for $605,000
  • 04 Oct 2023
    Listed for Sale Not Disclosed
  • 15 Sep 2022
    Listed for Rent $500 / week
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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 7,060 properties. Over the last 5 years, Houses in Kangaroo Point have seen a 63.72% increase in median value, while Units have seen a 65.52% increase. As at 31 July 2024:

  • The median value for Houses in Kangaroo Point is $1,519,449 while the median value for Units is $794,548.
  • Houses have a median rent of $740 while Units have a median rent of $650.
There are currently 48 properties listed for sale, and 45 properties listed for rent in Kangaroo point on OnTheHouse. According to CoreLogic's data, 372 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.