1 Galeen Street, Point Lookout, QLD 4183 | Other for sale | OnTheHouse
FOR SALE
$2,675,000

1 Galeen Street
Point Lookout QLD 4183

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Land area: 645m2
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HUGE DEVELOPMENT POTENTIAL- COMMERCIALLY ZONED PROPERTY IN CENTRAL POINT LOOKOUT

This 645m2 Commercially Zoned corner property (two street frontage) is located in the heart of Point Lookout and features good water views to the North and West that can be improved upon with future development.
Rare Local Centre zoning that will allow for MIXED USE DEVELOPMENT, three levels and generous site coverage, subject to council approval. Conceptual plans are available upon request, consisting of 6 three bedroom units, 4 one bedroom units, two commercial tenancies, a roof top terrace and covered parking.
There are currently three single level tenanted units/shops with strong rental income on the property all with access to a communal bathroom and storeroom.
This property is in a prime central position, only a four minute walk to both Cylinder and Deadman's Beach, a five minute walk to the Stradbroke Island Beach Hotel and within close proximity to local shops and cafes and public transport.

Property Details for 1 Galeen St, Point Lookout

1 Galeen St, Point Lookout is a 3 bedroom, 1 bathroom Other with 3 parking spaces. The property has a land size of 645m2. The place is currently for sale with Dolphin Real Estate.

Building Type
Other
Land Size
645m2
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About Point Lookout 4183

The size of Point Lookout is approximately 4.4 square kilometres. It has 6 parks covering nearly 35.2% of total area. The population of Point Lookout in 2016 was 713 people. By 2021 the population was 785 showing a population growth of 10.1% in the area during that time. The predominant age group in Point Lookout is 60-69 years. Households in Point Lookout are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Point Lookout work in a professional occupation.In 2021, 71.00% of the homes in Point Lookout were owner-occupied compared with 62.50% in 2016.

Point Lookout has 1,384 properties. Over the last 5 years, Houses in Point Lookout have seen a 109.18% increase in median value, while Units have seen a 135.04% increase. As at 30 November 2025:

  • The median value for Houses in Point Lookout is $1,973,061 while the median value for Units is $1,142,846.
  • Houses have a median rent of $3,475.
There are currently 18 properties listed for sale, and 1 property listed for rent in Point lookout on OnTheHouse. According to Cotality's data, 39 properties were sold in the past 12 months in Point lookout.

Suburb Insights for Point Lookout 4183

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Olivia Cole
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Dolphin Real Estate
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.