SOLD
Sold on 22 Apr 2024 for $755,000

504/50 Connor Street
Kangaroo Point QLD 4169

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 100m2
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Property Details for 504/50 Connor St, Kangaroo Point

504/50 Connor St, Kangaroo Point is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 100m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Kangaroo Point in the last 12 months.

Building Type
Unit
Year Built
2015
Land Size
100m2
Local Government
Brisbane
Lot/Plan
504/SP269160

Last Listing description (June 2024)

Unveiling a generous floorplan, flowing layout and modern style rarely offered in the inner-city, this apartment features stunning suburban views and a convenient position. This spacious two bedroom corner apartment will suit owner-occupiers and investors seeking proximity to popular cafes, restaurants, boardwalk, transport and the CBD.

Positioned on the fifth floor, this sleek contemporary 100sqm apartment radiates a feeling of space and has a lovely ambience. The abundance of living space provides a perfect place for relaxing or entertaining in style. The gourmet kitchen features a breakfast bar, gas cooking, quality appliances, ample storage spaces and flows seamlessly out to the spacious dining and living areas. This open plan space then leads out to the spacious entertainers' balcony through the flooring to ceiling glass sliding doors, highlighting the leafy outlooks.

The master bedroom is sure to impress, boasting balcony access through floor to ceiling glass doors, built in robes and ensuite with shower and toilet. You will also find a cleverly placed well-sized second bedroom with built in robes and easy access to the main bathroom, both bedrooms boasting privacy and natural light. Finishing the apartment is the main bathroom with shower over bath and toilet. Completing this space is a separate internal laundry.

This adobe offers secure parking for one care in a large standalone car space, with the additional convenience of ample visitor parking. Residents will also appreciate the use of the complexes sparkling in ground swimming pool, bbq facilities and function room.

With an expected rental return of $750 per week, this property presents an exceptional rental opportunity with exponential capital growth in Kangaroo Point. As the area continues to flourish, including the soon-to-be-constructed Kangaroo Point walking bridge, Cross River Rail, and the upcoming 2023 infrastructure, now is the time to secure your investment for a future of prosperity.

Complex features:
- Beautifully landscaped gardens
- Private function room
- 20m sparkling in ground swimming pool
- BBQ facilities
- Multi purpose media room
- Pet friendly complex
- Ample visitor parking
- Onsite management
- Economical body corporate fees

Body corporate contributions: $6,105 p.a.
Council rates: $2,000 p.a. (Approx)

Kangaroo Point is an upscale inner-city peninsula paradise, surrounded by water and parklands. Transport needs are serviced by ferries, City Cats, buses with quick access to the Clem Jones tunnel, South East Freeway and Story Bridge. Entertainment is supplied by the Jazz Club, Story Bridge Hotel and the Gabba'.

The area boasts many high-quality restaurants and cafes, all within walking distance. 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 premier location.

Property History for 504/50 Connor St, Kangaroo Point, QLD 4169

A timeline of how this property has performed in the market
Last Sold
$755,000
22 Apr 2024
Listed for Rent
$540/w
11 Mar 2022
  • 22 Apr 2024
    Sold for $755,000
  • 15 Apr 2024
    Listed for Sale $749K+
  • 14 Feb 2022
    Listed for Rent $540 / 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 6,992 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 36 properties listed for rent in Kangaroo point on OnTheHouse. According to CoreLogic's data, 354 properties were sold in the past 12 months in Kangaroo point.

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Justin Smith
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Soren Andersen
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Kangaroo Point Real Estate
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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.