SOLD
Sold on 01 Jul 2024 for $680,000

54/55 Princess Street
Kangaroo Point QLD 4169

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 78m2
Land area: 91m2
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Property Details for 54/55 Princess St, Kangaroo Point

54/55 Princess St, Kangaroo Point is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 91m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Kangaroo Point in the last 12 months.

Building Type
Unit
Year Built
2016
Floor Size
78m2
Land Size
91m2
Local Government
Brisbane
Lot/Plan
54/SP268443

Last Listing description (August 2024)

Situated within the heart of Kangaroo Point, this modern and sophisticated two bedroom plus study apartment enjoys a sweeping uninterrupted panorama of the ever changing Brisbane City skyline. With a practical floorplan, taking advantage of the natural light and breezes from the fifth floor position and North Eastern aspect.

Offering a superb low-maintenance lifestyle, a generous open plan living and dining area spills out onto a spacious covered balcony, perfect for relaxing and hosting guests with ease, sit back and enjoy uninterrupted Brisbane City views. At the heart of the residence, a large kitchen is equipped with a breakfast bar, quality stainless steel appliances and ample cupboard space.

The master bedroom is sure to impress, boasting balcony access through the floor to ceiling glass door, built in wardrobe and well appointed ensuite with shower and toilet. The equally spacious second bedroom features a functional study nook, built in wardrobes and easy access to the main bathroom complete with shower and toilet.

Completing the property is a functional study nook, separate internal laundry and secure undercover parking for one car, as well as ample visitor parking. Located in the tightly held Willow building, residents will also the expansive rooftop terrace with arguably the best views over Brisbane City.

Body corporate contributions: $4,742 p.a.
Council rates: $2,000 p.a. (Approx)

With a location forever in demand, this market offering is enticing for both professionals and investors with the offer of a vibrant lifestyle and resort style facilities to match.

It is hard to find a better location, the Cross River Rail already under construction, and just moments away the underway Green Bridge from Kangaroo Point to the city, this is an area on the move.

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 54/55 Princess St, Kangaroo Point, QLD 4169

A timeline of how this property has performed in the market
Last Sold
$680,000
01 Jul 2024
Listed for Rent
03 May 2017
  • 12 Aug 2024
    Listed for Sale SOLD
  • 01 Jul 2024
    Sold for $680,000
  • 29 Nov 2021
    Sold for $520,000
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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 7,047 properties. Over the last 5 years, Houses in Kangaroo Point have seen a 33.55% increase in median value, while Units have seen a 66.73% increase. As at 28 February 2025:

  • The median value for Houses in Kangaroo Point is $1,554,200 while the median value for Units is $863,502.
  • Houses have a median rent of $690 while Units have a median rent of $700.
There are currently 38 properties listed for sale, and 27 properties listed for rent in Kangaroo point on OnTheHouse. According to CoreLogic's data, 356 properties were sold in the past 12 months in Kangaroo point.

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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 liability for any loss or damage arising in connection with the data and information contained in this publication.