SOLD
Sold on 26 Mar 2024 for $638,500

408/18 Thorn Street
Kangaroo Point QLD 4169

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 72m2
Land area: 93m2
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Place Kangaroo Point
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Property Details for 408/18 Thorn St, Kangaroo Point

408/18 Thorn St, Kangaroo Point is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 93m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Kangaroo Point in the last 12 months.

Building Type
Unit
Year Built
2014
Floor Size
72m2
Land Size
93m2
Local Government
Brisbane
Lot/Plan
408/SP209177

Last Listing description (May 2024)

Set within the coveted Peninsula Apartments complex this stunning fully furnished apartment presents an exceptional opportunity for both owner occupiers and savvy investors alike. Currently rented until mid-May for $730 per week and yielding an impressive 6.23%, it represents a lucrative investment opportunity to keep the long standing tenants or shortly be able to move in and call it home.

Capturing fantastic natural light, the apartment is presented with attractive carpeted and tiled floors. Full-height glass highlights the beautiful outlook, while also creating a bright and airy atmosphere. Ideal for relaxing and hosting guests, a covered balcony looks out over tree-dotted Kangaroo Point to the sparkling Brisbane River beyond. Here, share an al fresco meal, toast the sunset or simply unwind and admire the stunning panorama.

Stepping inside, you will find a generous open-plan living and dining area that is accompanied by a study nook. An adjoining galley-style kitchen displays stone benchtops, Bosch appliances and ample cupboard storage.

Benefitting from a European-style laundry and secure parking for one car, the residence also includes ducted air-conditioning, security chip entry, high-speed internet capabilities and intercom security. Additionally, residents will appreciate the complex's onsite manager, residents' lounge, reception office, 25-metre lap pool, meditation garden and state-of-the-art gym.

Minutes from a multitude of shops, cafes and restaurants, this incredible apartment is near leafy Mowbray Park and the popular Kangaroo Point Cliffs Park. The iconic Gabba Cricket Grounds and the soon-to-be-constructed Cross River Rail Woolloongabba station precinct are easily accessible from this address, as well.

Falling within the East Brisbane State School and Coorparoo Secondary College catchment areas, this spectacular property is also a short distance from Saint Joseph's Catholic Primary School, Anglican Church Grammar School and Somerville House. Do not delay ? call to arrange an inspection today.

This property is being sold without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

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 408/18 Thorn St, Kangaroo Point, QLD 4169

A timeline of how this property has performed in the market
Last Sold
$638,500
26 Mar 2024
Listed for Rent
$550/w
07 Feb 2019
  • 26 Mar 2024
    Sold for $638,500
  • 21 Mar 2024
    Listed for Sale Not Disclosed
  • 15 Jan 2019
    Listed for Rent - Price not available
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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 7,061 properties. Over the last 5 years, Houses in Kangaroo Point have seen a 55.75% increase in median value, while Units have seen a 65.41% increase. As at 30 September 2024:

  • The median value for Houses in Kangaroo Point is $1,635,935 while the median value for Units is $817,925.
  • Houses have a median rent of $700 while Units have a median rent of $650.
There are currently 46 properties listed for sale, and 48 properties listed for rent in Kangaroo point on OnTheHouse. According to CoreLogic's data, 381 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.