52 Bromley StreetKangaroo Point QLD 4169
Property Details for 52 Bromley St, Kangaroo Point
52 Bromley St, Kangaroo Point is a 13 bedroom, 11 bathroom House with 5 parking spaces and was built in 1920. The property has a land size of 885m2 and floor size of 216m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
Last Listing description (November 2023)
This is your chance to secure a prime 885sqm inner-city site boasting an outstanding
investment and development opportunity in the 2032 Olympic Games precinct.
Returning $170,000 per year, the 13-room student accommodation is zoned Medium Density
(STCA).
These strong returns will benefit investors looking to add a versatile holding to their
portfolio or developers while they go through the planning process to construct a brand-
new inner-city residential offering.
In the heart of the Olympic Games precinct, 500m from The Gabba and the upcoming Cross
River Rail, this is the time to secure this exceptional riverside property. Walking distance
from the Kangaroo Point Cliffs, boardwalk, cafes, restaurants, shops, Story Bridge, and the
new CBD pedestrian bridge, this is a highly sought-after lifestyle address.
3km from the CBD, 1.6km from South Bank, and in excellent proximity to QUT, Mater
Hospital, Qld Children's Hospital, PA Hospital, bus stops, CityCat and M3 - this is the
ultimate site for your next investment or development project.
Property highlights:
- Remarkable investment and development opportunity
- Prime position in the 2023 Olympic Games precinct
- 885sqm site with north/south aspect and 20m frontage
- Zoned Medium Density Residential
- Development opportunity to build up to 5 storeys (STCA)
- Current student accommodation returning $170,000 per year
- 13 rooms, 12 bathrooms (11 ensuites) and 2 powder rooms
- Each room features built-in robes and air-conditioning
- 2x communal living areas and 2x communal kitchens
- Shared balcony, patio, lawns and laundry
- 5 on-site car spaces and ample street parking
- 500m to The Gabba and Cross River Rail
- 3km to CBD and 1.6km to South Bank
- Excellent access to transport, universities and hospitals
Property History for 52 Bromley St, Kangaroo Point, QLD 4169
- 21 Oct 2023Sold for $3,150,000
- 27 Sep 2023Listed for Sale SOLD!
- 12 Jul 2023Listed for Rent $275 / week
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0About 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 7,059 properties. Over the last 5 years, Houses in Kangaroo Point have seen a 40.52% increase in median value, while Units have seen a 67.26% increase. As at 30 November 2024:
- The median value for Houses in Kangaroo Point is $1,580,806 while the median value for Units is $829,273.
- Houses have a median rent of $690 while Units have a median rent of $675.
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