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Sold on 16 Sep 2024 for $899,000

38/236 River Terrace
Kangaroo Point QLD 4169

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 102m2
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Property Details for 38/236 River Tce, Kangaroo Point

38/236 River Tce, Kangaroo Point is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Apartment sold in Kangaroo Point in the last 12 months.

Building Type
Apartment
Floor Size
102m2
Local Government
Brisbane
Lot/Plan
38/BUP101542

Last Listing description (September 2024)

The Kangaroo Point cliffs are one of Brisbane's most popular and well-known river front locations, situated across the river from the City and Botanic Gardens. Perched just above the cliff top, the resort style River Terrace Apartments have one of the best vantage points to take in the breathtaking views.

Located on the top floor, this spacious, well designed, two level apartment offers an open-plan layout, fantastic river and city views from both levels and great rental returns.

Conveniently laid out with a large, open plan kitchen, living and dining area on the lower level. Entertaining will be a breeze with the living area opening to the oversized balcony with exceptional views from the Kangaroo Point cliffs. Watch the world go by whilst you enjoy relaxing after a long week of work.

Upstairs is well appointed with two large bedrooms. The master boasts a dedicated balcony, walk through wardrobe and ensuite, whilst the second bedroom enjoys use of the main bathroom and has a large wardrobe.

Featuring
- Two large levels of living
- Two bedrooms and two bathrooms on the upper level, master has walk-in robe, ensuite and private balcony with river and city views
- Lower level has open plan living/dining, kitchen, separate laundry and spacious balcony with river and city views
- Kitchen has been stylishly renovated and extended
- Ducted air conditioning
- One secure car park with Space Commander storage locker
- Currently rented at $750 per week unfurnished, until September 2024.
- Rental potential of $800- $850 per week unfurnished and $900 - $950 fully furnished.

River Terrace Apartments facilities include a swimming pool, spa, full sized tennis court, BBQ area, landscaped grounds and onsite management.

The location is perfect. Walk to the cultural, dining and entertainment precinct of South Bank, The Gabba, local parks, cafes and pubs. The CBD, public transport and main roads are also within easy access.

Do not miss this outstanding opportunity as it won't last long - book your private inspection today.

For information regarding the Brisbane Inner City property market please go to https://raywhiteiba.com.au/news.

If you require FIRB please advise the agent in writing and visit -https://firb.gov.au/ to ensure that you are in a position to buy.

DISCLAIMER: 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 38/236 River Tce, Kangaroo Point, QLD 4169

A timeline of how this property has performed in the market
Last Sold
$899,000
16 Sep 2024
Listed for Rent
$660/w
28 Feb 2023
  • 16 Sep 2024
    Sold for $899,000
  • 06 Aug 2024
    Listed for Sale Offers Over $895,000
  • 06 Feb 2023
    Listed for Rent $660 / 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 6,994 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 37 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.

Suburb Insights for Kangaroo Point 4169

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Contact agent
Colin Walsh
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Ray White Inner Brisbane Apartments
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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.