OFF MARKET

56/161 Main Street
Kangaroo Point QLD 4169

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 71m2
Land area: 106m2
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Property Details for 56/161 Main St, Kangaroo Point

56/161 Main St, Kangaroo Point is a 2 bedroom, 2 bathroom House with 1 parking spaces and was built in 2005. The property has a land size of 106m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
House
Year Built
2005
Floor Size
71m2
Land Size
106m2
Local Government
Brisbane
Lot/Plan
56/SP177349

Last Listing description (November 2024)

Boasting the ultimate inner-city location along the Brisbane River, this superb apartment is ideal for those seeking their first home or the perfect investment property.

Located on the sixth level, this competitively priced, two-bedroom apartment offers strong rental returns and low vacancy rates within the tightly held River Reach complex.

Well-structured to offer easy care and low-maintenance living across 91m2, the open-plan design is kept cool with a modern split system air-conditioning, new plush carpet and seamless indoor/outdoor living.

The lounge and dining area spans the length of the apartment and is framed by floor-to-ceiling glass sliders that flow out onto the spacious entertainer's balcony. Looking out to the iconic Story Bridge, the eastern facing balcony offers the perfect space for entertaining.

The residence has been upgraded with outdoor ceiling fans and high-quality planation shutters, providing the option of an enclosed or open space.

Well-appointed with an appealing modern colour palette and a suite of quality finishes, the kitchen features stone benchtops, a breakfast bar, ample cabinetry and stainless-steel appliances. Modern in design, the residence has also been updated with downlights and electronic blinds throughout.

The master suite enjoys a built-in robe and luxurious ensuite with a contemporary frameless glass shower, while the well-sized second bedroom features a built-in robe and a well-appointed main bathroom featuring a shower over bath.

Enjoying an array of resort-style facilities this complex offers its residents a modern pool, spa, gym and a communal barbecue entertaining area with stunning city views. An on-site manager, low body corporate fees, recently painted fresh corridors and a secure car space with lift access.

An unrivalled riverside position, this location offers exceptional convenience for inner-city residents. Situated next to the riverwalks, enjoy a stroll to Captain Burke Park or an array of cafes and restaurants including the Iconic Story Bridge Hotel, Sealegs Co. microbrewery, Christain Jacques French Patisserie, The Jazz Club, Medley Cafe and much more.

This apartment provides everything you need to live a sensational lifestyle. Positioned just 300 metres from The Holman Street Ferry; within moments you can be dropped off at Eagle Street Pier to enjoy the best of Brisbane's restaurant and bar scene or a shopping in the CBD. You can also treat yourselves to an unforgettable dining experience at the vibrant Howard Smith Wharves precinct.

Located in a suburb that has experienced exponential capital growth over the last ten years and with the upcoming infrastructure additions including the pedestrian bridge (expected to be completed December 15th, 2024) and future Woolworths, this is a rare opportunity to ensure strong growth for future returns.

The property is vacant and private inspections are welcome.

Don't miss this rare opportunity ? call to arrange an inspection today - Annabelle O'Hare 0418 884 734.

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 56/161 Main St, Kangaroo Point, QLD 4169

A timeline of how this property has performed in the market
Last Sold
$515,000
22 Mar 2021
Listed for Rent
$650/w
19 Dec 2023
  • 07 Nov 2024
    Listed for Sale For Sale
  • 10 Nov 2023
    Listed for Rent $650 / week
  • 22 Mar 2021
    Sold for $515,000
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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 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 35 properties listed for rent in Kangaroo point on OnTheHouse. According to CoreLogic's data, 357 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.