38 Salstone St, Kangaroo Point is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1920. The property has a land size of 810m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Smith and Li are very proud to present The Paragon, this stunning Queenslander underpinned by a massive 810m2 of prime Kangaroo Point real estate.
The first time on the market in 34 years, the house itself is near-flawless,with many original pieces highlighting a beautiful bygone era, with high cathedral ceilings, VJ walls, ornate ceiling mouldings and architraves, original polished floorboards throughout. The bedrooms are spacious, and both lead out to the sleepout where you could easily put in an ensuite bathroom, and third bedroom if needed.
Already split onto 2 lots (Lot 2 and Lot 3) the 810m2 block of land is nothing short of a rare gem in inner-city Brisbane, with many options available to you subject to council approval. With the home on stumps, the possibility of moving the home to one side, or removing the home altogether to subdivide or develop completely are real. The other possibility is to keep the fa?ade and build your dream home behind as some of the neighbours have done in the past.
Finally, the location is second to none. Kangaroo Point is rarely matched for its views and natural beauty. Just walking distance to Kangaroo Point?s famous ancient cliffs, unmasking views of the river, city and mountains, as well as showcasing Brisbane city at its best, whether it's as the sun is rising, or as the city skyline lights up in the evening. Walking distance to the CBD as well as the iconic Story Bridge, with its famous caf? and restaurant precinct. You will also be greeted by parklands, bikeways,playgrounds and riverside picnic and barbecue spots. Get your feet tapping at the Brisbane Jazz Club or jump in a kayak for a paddle down the Brisbane River at Riverlife Adventure Centre.
Some of the finest schools in Brisbane are only minutes away, including Sommerville House, St Laurence?s College, All Hallows? School, Lourdes Hill College, and Villanova College.
This property will not last long, this home MUST be sold at auction or PRIOR, with owners encouraging offers before auction. Don?t miss this opportunity to secure a beautiful home on a massive 810m2 in blue chip Kangaroo Point. Once it is sold, it will not be sold again in its original, blank canvas glory. Don't wait another 34 years, call Jon or Sandy to secure this property today!
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 6,988 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:
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