346/85 Deakin StreetKangaroo Point QLD 4169
Property Details for 346/85 Deakin St, Kangaroo Point
346/85 Deakin St, Kangaroo Point is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1997. The property has a floor size of 54m2.
Last Listing description (June 2025)
This beautifully updated two-bedroom, two-bathroom, double-storey hotel apartment in the highly sought-after 'Quest on Story Bridge' is the perfect choice for savvy investors. The property is under secure long-term management, offering guaranteed rental returns.
The open-plan design boasts a spacious living area flowing into a well-appointed galley kitchen. The master bedroom, located on the mezzanine level, features a private ensuite and overlooks the stylish living area below. Buyers have the flexibility to purchase the apartment fully furnished or unfurnished, making it ideal for both investors and first-time buyers.
A private patio provides a seamless indoor-outdoor experience, perfect for relaxing or entertaining. Positioned next to the Story Bridge Hotel, Rivercity Terraces offers unbeatable conveniencejust moments from local dining, shopping, the cross-river ferry, and the upcoming green bridge to the CBD.
Features:
- Air Conditioned
- Renovated pool area
- 'Hassle Free' investment
- Size: 71sqm
Body Corporate: Approx $5,885 per annum
Approx Council Rates: Approx $2,000 per annum
It is hard to find a better location, close to the Gabba, with the Cross River Rail already under construction, and just moments away the new 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.
Property History for 346/85 Deakin St, Kangaroo Point, QLD 4169
- 16 Jun 2025Listed for Sale FOR SALE
- 28 Jan 2022Listed for Sale $389,000
Recent sales nearby
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0About Kangaroo Point 4169
The size of Kangaroo Point is approximately 1.8 square kilometres. There are 6 parks, covering nearly 12.0% of the 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 7,167 properties. Over the last 5 years, Houses in Kangaroo Point have seen a 52.25% increase in median value, while Units have seen a 91.88% increase. As at 30 June 2026:
- The median value for Houses in Kangaroo Point is $1,958,590 while the median value for Units is $1,085,418.
- Houses have a median rent of $800 while Units have a median rent of $740.
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