55 Baildon St, Kangaroo Point is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1998.
Located in one of Kangaroo Point's most sought after riverside complexes 'Bridgewater Apartments', this fully furnished, newly renovated studio apartment is the perfect entry into the market for first home buyers or investors who are looking for a set forget income stream.
Boasting a slick compact layout filled with sunlight, this apartment features an open floor plan with a fully functional kitchen featuring ample storage space. The bedroom space is of great proportion with easy access to the bathroom displaying a modern glass shower, toilet and tucked away storage.
Completing the studio is a reverse cycle air conditional and ample cleverly placed storage. Residents will also appreciate the complexes resort style facilities such as sparking in ground pool and spa, fully equipped gymnasium, sauna, BBQ are and direct access to the river boardwalk.
Body corporate contributions: $3,820 p.a.
Council rates: $2,000 p.a. (Approx)
It is hard to find a better location, with the Cross River Rail already under construction, and just moments away the underway Green Bridge from Kangaroo Point to the city.
Kangaroo Point is an upscale inner-city peninsula paradise, surrounded by water and parklands. Transport needs are serviced by ferries, City Cats, buses with quick access to the Clem Jones tunnel, South East Freeway and Story Bridge. Entertainment is supplied by the Jazz Club, Story Bridge Hotel and the Gabba'.
The area boasts many high-quality restaurants and cafes, all within walking distance. Those who reside in Kangaroo Point enjoy the benefits of an inner-city lifestyle in a peaceful setting without the hustle and bustle. Strong demand exists for both rentals and sales in this exclusive premier location.
The size of Kangaroo Point is approximately 1.8 square kilometres. It has 6 parks covering nearly 12.0% of total area. The population of Kangaroo Point in 2016 was 8063 people. By 2021 the population was 9689 showing a population growth of 20.2% 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 2021, 36.00% of the homes in Kangaroo Point were owner-occupied compared with 36.90% in 2016.
Kangaroo Point has 7,055 properties. Over the last 5 years, Houses in Kangaroo Point have seen a 61.69% increase in median value, while Units have seen a 91.37% increase. As at 31 December 2025:
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