OFF MARKET

342/85 Deakin Street
Kangaroo Point QLD 4169

Bedrooms: 1
Bathrooms: 2
Car spaces: 1
Floor area: 54m2
Land area: 72m2
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Property Details for 342/85 Deakin St, Kangaroo Point

342/85 Deakin St, Kangaroo Point is a 1 bedroom, 2 bathroom House with 1 parking spaces and was built in 1997. The property has a land size of 72m2 and floor size of 54m2.

Building Type
House
Year Built
1997
Floor Size
54m2
Land Size
72m2
Local Government
Brisbane

Last Listing description (August 2015)

Here it is... and with a GUARANTEED ANNUAL INCREASE OF 4%.
Double story, two bedroom, two bathroom hotel apartment in sought after 'Quest on Story Bridge' to suit astute private investor or a perfect combination for your SMSF.
Rivercity Terraces (also known as 'Quest on Story Bridge') is a purpose built boutique apartment complex in the heart of Kangaroo Point. Located adjacent to the Story Bridge Hotel and a short stroll to the cross river ferry.

- Air-Conditioned
- Guaranteed Returns ~ currently $19,612.63 Net per year (Oct. 2014 - Sept. 2015)
- Guaranteed 4% annual increase in returns every October
- 'Hassle Free' investment ... Money in the bank every month!
Building facilities include pool and gym, BBQ area, games room, conference facilities.
- Size: 60sqm
- Body Corporate contributions: $4,692.94 p/a
- Brisbane City Council rates: $1,177.24 p/a + water & sewerage
- Site Valuation (apportioned): $106,667
Owner will look at serious offers.
Kangaroo Point is an upscale inner-city peninsula paradise surrounded by water and parklands. Transport needs are serviced by ferries, City Cats, Buses, Clem Jones tunnel (M7), South East Freeway and Story Bridge. Entertainment is supplied by the Jazz Club, Story Bridge Hotel and the Gabba .
There are many high quality restaurants and cafes within walking distance of all areas. Those who reside in Kangaroo Point enjoy the benefits of an inner city lifestyle in a peaceful setting without the hustle and bustle. Strong demand exists for both rentals and sales in this exclusive area.

Property History for 342/85 Deakin St, Kangaroo Point, QLD 4169

A timeline of how this property has performed in the market
  • 16 Apr 2015
    Listed for Sale $280,000

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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 6,992 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.
There are currently 36 properties listed for sale, and 35 properties listed for rent in Kangaroo point on OnTheHouse. According to CoreLogic's data, 357 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.