11/554 Main StreetKangaroo Point QLD 4169
Property Details for 11/554 Main St, Kangaroo Point
11/554 Main St, Kangaroo Point is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1984. The property has a land size of 52m2 and floor size of 38m2. While the property is not currently for sale or for rent, it was last sold in January 2024.
Last Listing description (May 2024)
A fantastic opportunity for those looking to enter the property market, or to attain a positively geared investment with minimal outlay!
Centrally located on a large corner block with genuine development opportunity, this studio apartment offers a great ROI and is priced to sell!
- Current Rental Income - $18,771 p.a.
With a bright, northern aspect and kitchen and bathroom both in very good condition, this fully furnished studio apartment offers a spacious layout. The property has a proven history of solid returns and extremely low vacancy. It is currently tenanted for $360 per week, meaning returns from day one!
Features include:
- Air Conditioning
- Fully furnished
- Close to shops, cafes, bus, parks and the iconic Kangaroo Point cliffs
- On-site laundry facilities
- One car space
- Genuine potential for future development
- Tenant already in place
Contact Lindsay Brown on 0410 285 581 to enquire today!
Property History for 11/554 Main St, Kangaroo Point, QLD 4169
- 16 Jan 2024Sold for $295,000
- 10 Jan 2024Listed for Sale Offers From $295,000
- 09 Jun 2022Sold for $262,500
Recent sales nearby
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0About Kangaroo Point 4169
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 7,063 properties. Over the last 5 years, Houses in Kangaroo Point have seen a 60.35% increase in median value, while Units have seen a 88.79% increase. As at 30 November 2025:
- The median value for Houses in Kangaroo Point is $1,700,159 while the median value for Units is $1,013,365.
- Houses have a median rent of $700 while Units have a median rent of $740.
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