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301/18 Thorn Street
Kangaroo Point QLD 4169

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 301/18 Thorn St, Kangaroo Point

301/18 Thorn St, Kangaroo Point is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Apartment sold in Kangaroo Point in the last 12 months.

Building Type
Apartment

Last Listing description (March 2024)

Presenting a spacious and luxurious two-bedroom apartment that offers not only a comfortable lifestyle but also an incredible rental return opportunity.

Situated in the highly sought-after Kangaroo Point, this apartment boasts a prime location that is second to none. With easy access to the CBD, vibrant dining precincts, scenic river walks, and an array of recreational facilities, this is the perfect address for those seeking convenience and a vibrant urban lifestyle.

Step inside this expansive two-bedroom apartment and be greeted by a light-filled and open living space. The well-designed floor plan seamlessly integrates the living, dining, and kitchen areas, creating a harmonious flow throughout. The contemporary kitchen is equipped with high-quality appliances, ample storage, and sleek finishes, making it a chef's delight.

Both bedrooms are generously sized and feature built-in wardrobes, ensuring ample storage space for all your belongings. The master bedroom also boasts an ensuite, providing a private sanctuary for relaxation. The apartment is further complemented by a stylish main bathroom, complete with modern fixtures and finishes.
The property also comes with an additional storage container in the basement!

Rates: $450 p.q | Water: $200 p.q + usage | Body Corp Levy: $1,100 p.q approx.

Current market rental appraisal $700 - $750 per week

*Currently leased at $630 per week*

Investors will be delighted by the exceptional rental return potential of this property. With its prime location, high demand, and desirable features, this apartment presents an excellent opportunity to maximise your investment.

Residents of this prestigious complex also have access to a range of exclusive amenities, including a sparkling swimming pool, fully equipped gymnasium, and secure parking. Additionally, the building is meticulously maintained, ensuring a safe and comfortable living environment.

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

Located in a suburb that has experienced consistent capital growth over the last ten years, this is a rare opportunity to ensure strong growth for future returns. You will find safety in your investment with a number of planned infrastructure additions for the suburb including the new pedestrian bridge, future Woolworths and the Woolloongabba Cross River Rail project.

In-Room Auction
Location: Ray White West End (5/156 Boundary Street, West End)
Thursday 21st March 2024 at 11am

Disclaimer
This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes. 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 301/18 Thorn St, Kangaroo Point, QLD 4169

A timeline of how this property has performed in the market
Last Sold
21 Mar 2024
Listed for Rent
$625/w
28 Jul 2023
  • 12 Mar 2024
    Sold for $622,000
  • 06 Feb 2024
    Listed for Sale AUCTION
  • 13 Jul 2023
    Listed for Rent $625 / 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 6,993 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 38 properties listed for sale, and 37 properties listed for rent in Kangaroo point on OnTheHouse. According to CoreLogic's data, 355 properties were sold in the past 12 months in Kangaroo point.

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Contact agent
Ethan Petrie
Show contact details
Ray White West End
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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.