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Overview
This beautifully established 7-bedroom apartment complex offers a rare investment prospect in the heart of Kangaroo Point, perfectly positioned within walking distance of Brisbane’s CBD. This fully leased property delivers an immediate and reliable income of $112,000 per annum, making it an ideal low-maintenance opportunity for investors seeking consistent returns in a highly sought-after inner-city location.
The residence spans two levels, incorporating stylish modern interiors crafted with timber, stone, and glass finishes, complemented by air-conditioning for year-round comfort. Open-plan living and dining areas provide spacious communal zones enhanced by a well-equipped kitchen featuring stainless steel appliances, along with convenient laundry access.
Each of the seven private bedrooms is designed to afford individual occupants privacy and comfort, supported by three bathrooms that include two ensuites and an additional powder room for functionality. This thoughtful layout suits independent tenants, such as professionals or students, who value their own space within a shared environment.
Outdoors, tropical-inspired alfresco decking overlooks a swimming pool and an easy-care, artificially turfed yard. The inclusion of two dedicated parking spaces via a secure driveway provides practical convenience. Beyond its investment appeal, the property also lends itself well as a sizeable family home with ample room to accommodate multiple needs.
Located in a vibrant precinct with excellent connectivity, residents have quick access to multiple transport options including bus stops, a ferry terminal, and pedestrian links directly to the city via a nearby bridge. Local amenities abound with cafes, restaurants, bars, parks, and shopping precincts all within easy reach, while notable landmarks such as The Gabba, South Bank, and major hospitals and universities make this location particularly attractive for healthcare professionals and students alike.
Local Market Insights
In Kangaroo Point, Quiet Listings observed 20 new apartments entering the market over the last 30 days, up from 15 during the previous 30-day period, with an average advertised asking price of $940,250. The property type mix of listed properties is predominantly Apartments at 58%, followed by units (19%), and houses (19%). The most active agency for apartments in the Kangaroo Point area is currently Ray White, representing 50% of new listings, followed by Place with 25%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Market Insights for Kangaroo Point QLD 4169
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