Set on the doorstep of Brisbane CBD in the vibrant and popular suburb of Kangaroo Point sits this incredible 208m2 freehold opportunity! Currently being used as professional suites with a monthly return of $3256 inc GST and potential of returning $4956 +GST! (One room has no charge and is for the owners use, this is expected to return an additional $1,700 per month).
This an excellent investment opportunity for short or long-term hold, alternatively make this your own new office or renovate it to create your dream inner-city residence.
The tenancies expire July 2022, however all are happy to stay on for a longer term.
Property features include:
4 individual private offices/rooms
Toilet and Shower
Kitchenette
Reception area
High Ceilings
Off street parking for 3 cars
Airconditioned throughout
Beautifully landscaped gardens
Quaint front veranda looking at the Brisbane City skyline
Offering a commanding street presence, you will instantly be captivated by the charm of this cottage. The excellent location allows you to walk to caf's, Story Bridge Hotel, various other restaurants, stroll down to Captain Burke Park, the Holman Street Ferry & FitAzFk fitness centre. The popular Kangaroo Point cliffs/ Joey's restaurant is just around the corner. Howard Smith Wharves, Eagle Street Pier, New Farm, Fortitude Valley, South Bank and James Street precincts are also close by and easily accessible.
The soon-to-be-constructed Kangaroo Point Pedestrian Bridge will also make travelling to and from the CBD a breeze.
In the catchment for East Brisbane State School and Coorparoo Secondary College and short drive to Brisbane's best private schools, Churchie Anglican College &
All Hallows.
This property really is Location, Location, Location with Potential, Potential, Potential!
Please note due to the currently tenancies in place the allocated open home times are your best opportunity to inspect this property.
Disclaimer: This property is being sold without a price therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Disclaimer
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes
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 7,065 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:
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