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Sold on 26 Feb 2024 for $740,000

232 Wellington Road
Kangaroo Point QLD 4169

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 85m2
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Property Details for 709/232 Wellington Rd, Kangaroo Point

709/232 Wellington Rd, Kangaroo Point is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 85m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Kangaroo Point in the last 12 months.

Building Type
Unit
Land Size
85m2
Local Government
Brisbane
Lot/Plan
709/SP286338

Last Listing description (February 2024)

Introducing a unique opportunity for luxury enthusiasts, professionals, and investors. Nestled within the prestigious Valencia Residences, this exclusive property stands as a testament to premier living. Surrounded by tranquil tree-lined streets and the serene Mowbray Parklands, this residence within the beautiful building offers a coveted lifestyle for those fortunate enough to call it home.

This two-bedroom haven presents an opportunity to live a luxurious inner-city lifestyle. Elevated high up on the seventh level, the apartment features 2.7m high ceilings adorned with double-glazed floor-to-ceiling glass, ducted air-conditioning, and block-out curtains gracing every window. The large balcony becomes an ideal space for entertaining, while the double-sided entertainer's kitchen showcases a stone benchtop, ample storage, and a breakfast bar. ILVE European gas appliances and an integrated rangehood add a touch of sophistication. Ceiling fans in all bedrooms, along with a study nook boasting built-in cupboards, cater to practicality, making it an ideal home office space.

Residents enjoy 5-star amenities, including a lobby/reception area, high-speed lift access, secure underground car parking, and a spectacular rooftop entertaining zone. The rooftop deck, complete with a private dining and kitchen area, BBQ facilities, and an incredible infinity pool, offers unparalleled views of Brisbane's skyline. Additional features such as a well-equipped gym, private theatre room, wine cellar, and more contribute to the overall allure of this building, leaving a lasting impression on even the most discerning clients.

Kangaroo Point, positioned directly across from the Brisbane CBD, provides sweeping views of the city and river. The juxtaposition of urban vistas against natural tree-lined streets, Mowbray Park, Raymond Park, and the iconic Kangaroo Point cliffs defines the unique charm of this privileged precinct. The Valencia residence ensures unmatched connectivity to the Brisbane CBD, with quick access to major arterial roads and excellent public transport options. Elevate your lifestyle with this exceptional residence in Kangaroo Point.

Valencia Residences occupy an exceptional position in the Kangaroo Point skyline, with-in easy walking distance to:

- Mowbray Park Ferry Terminal (3 Minutes)
- Brisbane Riverwalk (3 Minutes)
- Dockside Precinct (15 Minutes)
- St Vincents Private Hospital (15 Minutes)
- Kangaroo Point Cliffs (10 Minutes)
- The Gabba Stadium (14 Minutes)
- QUT (30 Minutes)
- Eagle Street Pier (20 Minutes)
- Southbank Dining Precinct (25 Minutes)
- Logan Road Dining and Antique Precinct (14 Minutes)

Financial Stats

- $620/wk. Rent ending 29/5/24 (There is an identical unit renting at $780/wk. in the building)
- Body Corporate Contributions Total Contributions: $1,865.60 paid 3 times a year approx.
- Council Rates: $450 per quarter approx.
- Water Rates: $330 per quarter approx.

**Photos are of property before tenants moved in.

*While we have made every effort to ensure accuracy, we do not accept responsibility for errors, omissions, inaccuracies, or misstatements. Prospective buyers are encouraged to conduct their own inquiries to verify the information provided herein.

Property History for 709/232 Wellington Rd, Kangaroo Point, QLD 4169

A timeline of how this property has performed in the market
Last Sold
$740,000
26 Feb 2024
Listed for Rent
$450/w
27 Apr 2020
  • 24 Feb 2024
    Sold for $740,000
  • 21 Feb 2024
    Listed for Sale Auction
  • 08 Apr 2020
    Listed for Rent $450 / 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, 359 properties were sold in the past 12 months in Kangaroo point.

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Jackson Parr
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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.