OFF MARKET

602/699 Main Street
Kangaroo Point QLD 4169

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
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Last updated 11 Nov 2024
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Property Details for 602/699 Main St, Kangaroo Point

602/699 Main St, Kangaroo Point is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2005. The property has a floor size of 74m2.

Building Type
Unit
Year Built
2005
Floor Size
74m2
Local Government
Brisbane

Last Listing description (July 2021)

Have you seen what is going on around Brisbane and what the future holds for this area? Fantastic Opportunity to get into this city view apartment.2 beds, 2 bath and 1 car spaces.Construction will start soon and you'll take the keys in 2022.It is hard NOT to get excited about this great new residential apartment development.The position is opposite Raymond Park, it is two blocks to the Brisbane River, 2km walk to Queen Street Mall via the Botanical gardens via the new pedestrian bridge due for completion in 2023. It is 2.6km to Brunswick Street in the Valley. 1.7km to Southbank. It is only metres from shopping, cafes, restaurants and across from the Pineapple Hotel. Raymond park is across the road and the new under ground rail link station is being built 500m down the road. The Gabba is being redeveloped 600m away and will be used for the Olympics, which Brisbane is tipped to win in 2032. Positioned directly across the river from the CBD, Kangaroo Point is easily reached and highly desirable. It's set to benefit substantially from the Queensland Government's highest priority infrastructure project: Cross River Rail, the new 10.2km rail link with 5.9km of tunnel under the Brisbane River and CBD. Currently under construction, Cross River Rail is designed to ease road congestion and increase accessibility to the Brisbane CBD. It includes four new underground stations and two upgraded stations. The new Woolloongabba station, just 500m away, will link directly with the new Albert Street station offering rail services to the southern end of the CBD for the first time, connecting people with key areas of employment, study and recreation.The median house price in Kangaroo is $965,000 and so apartment living at this price represents superb value for money. With only a 10% deposit. Your repayments would come to around $530 a week. Body Corporate is a low $78/week.Mary Durack Interior Design has taken inspiration from the simple clean lines of the building as well as the reflections of the meandering Brisbane River and nearby leafiness of the Botanical Gardens. Through the assured use of pattern and colour in highly glazed wall tiles, terrazzo and timber flooring in choices of natural or darker tones, the apartments exhibit a zen-like quality blending interesting materials in harmonious combinations.We can offer a full furniture, move in package too if you like.Starry nights and city lights await you at a communal roof top terrace available to residents and with a small number of apartments, you will get to know the neighbours and entertain in style.These wonderful apartments will be available to move into in 2022. Contract at todays prices and take a win with the projected boom in property prices this year and next with ANZ expecting Brisbane prices to jump by 9.5% and AMP tipping 10% gains in the coming year.Call me now on 0417 601 511 and go over the options to secure your new investment or home in this irreplaceable location.

Property History for 602/699 Main St, Kangaroo Point, QLD 4169

A timeline of how this property has performed in the market
  • 10 Aug 2021
    Listed for Sale $465,000
  • 30 Apr 2021
    Listed for Sale $654,000

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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 6,988 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 38 properties listed for sale, and 34 properties listed for rent in Kangaroo point on OnTheHouse. According to CoreLogic's data, 351 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.