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7/446 Main Street
Kangaroo Point QLD 4169

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 7/446 Main St, Kangaroo Point

7/446 Main St, Kangaroo Point is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Unit sold in Kangaroo Point in the last 12 months.

Building Type
Unit
Local Government
Brisbane
Lot/Plan
7/SP104879

Last Listing description (July 2024)

Prime Kangaroo Point Unit Complex - Exceptional Development Opportunity

Presenting a unique investment opportunity in the heart of Kangaroo Point, this well-maintained unit complex offers significant potential for developers and investors. Located in one of Brisbane's most sought-after neighborhoods, this property presents an ideal canvas for a transformative redevelopment project.

Property Highlights:

Address: 7/446 Main Street, Kangaroo Point
Land Size: 2009 square meters
Current Zoning: RESIDENTIAL B R5
Units: 22
Current Use: Residential Apartments

Key Features:

1. Prime Location: Nestled in the vibrant Kangaroo Point area, this complex benefits from close proximity to the Brisbane CBD, renowned dining, and shopping precincts. The location boasts easy access to major transport routes and public transport, making it a highly desirable address for future residents.

2. Development Potential: Zoned for [Insert Zoning Details], this property is ripe for redevelopment. The site's substantial land area and favorable zoning allow for a variety of potential uses, from high-density residential projects to mixed-use developments.

3. Solid Investment: The existing unit complex is fully operational and provides a steady rental income. This allows for a stable investment while plans for redevelopment are being finalized.

4. Surrounding Amenities: Enjoy proximity to the beautiful Kangaroo Point Cliffs, Story Bridge, and the vibrant riverfront. The area is well-serviced by local amenities including schools, parks, and recreational facilities.

5. Future Growth: Kangaroo Point continues to be one of Brisbane's most rapidly evolving areas, with ongoing infrastructure developments and urban renewal projects enhancing the area's appeal and value.

Additional Information:

- Building Condition: Well-maintained with modern fixtures and fittings.
- Tenant Information: Current rental income details available upon request.
- Development Opportunities: Preliminary discussions with local planning authorities suggest favorable conditions for new projects.

This property represents a rare chance to acquire a substantial unit complex in a premier Brisbane location, with excellent prospects for growth and development. Local developers are encouraged to explore the potential of this prime Kangaroo Point site.

For more information or to arrange a viewing, please contact Alex Denmeade at 0412 312 900 or alex.denmeade@coronis.com.au. Don't miss out on this exceptional opportunity to shape the future of Kangaroo Point!

Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.

Property History for 7/446 Main St, Kangaroo Point, QLD 4169

A timeline of how this property has performed in the market
Last Sold
01 Jul 2024
Listed for Rent
$525/w
07 Feb 2024
  • 01 Jul 2024
    Sold for $580,000
  • 16 Jan 2024
    Listed for Rent $525 / week
  • 07 Feb 2020
    Listed for Rent $350 / 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 35 properties listed for rent in Kangaroo point on OnTheHouse. According to CoreLogic's data, 361 properties were sold in the past 12 months in Kangaroo point.

Suburb Insights for Kangaroo Point 4169

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Contact agent
Alex Denmeade
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Coronis Inner South
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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.