502/66 Lambert Street, Kangaroo Point, QLD 4169 | Property Value & History | OnTheHouse
OFF MARKET

502/66 Lambert Street
Kangaroo Point QLD 4169

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 89m2
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Property Details for 502/66 Lambert St, Kangaroo Point

502/66 Lambert St, Kangaroo Point is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2018. The property has a land size of 89m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
Unit
Year Built
2018
Land Size
89m2
Local Government
Brisbane
Lot/Plan
502/SP281542

Last Listing description (July 2023)

Perched at the top of Lambert Street, Magnus is a boutique apartment complex, inspired by the architectural design of New York's 152 Elizabeth Street. O-Form concrete, galvanised steel and vast expanses of glazing come together to create a striking facade at one of Kangaroo Point's most enviable addresses, just moments from the Brisbane CBD.

Sublimely executed, this development boasts a modern, elegant design that exudes class, without compromising on the indoor-outdoor living design so unique to Queensland. Capitalising on the elevated position of the building, Unit 502 enjoys a panoramic river view - from the cosmopolitan vistas of Eagle Street pier, to the calming river aspect beyond the neighbouring treetops. Nestled in the northern corner of the building, through the floor-to-ceiling windows, gaze out over the roofs of Kangaroo Point, watching the sun rise on the horizon, then set behind the CBD's skyscrapers from the air-conditioned comfort of your lounge room, or your generous balcony - perfect for the mild Brisbane climate.

This apartment evokes a timeless scandi atmosphere, with its engineered hardwood floors, elegant concrete-look porcelain panel benchtops and copper fixtures. From the floor-to-ceiling tiles in the bathroom, stainless steel appliances in the kitchen, fully ducted air-conditioning throughout and the timber-look cabinetry which ties the luxe look together, no expense has been spared in finishing this property.

A spacious inner-city apartment that exudes warmth and class in an impeccable location, Unit 502 is both an exceptional home for the owner-occupier and a lucrative addition to the investor's portfolio. A clever layout maximises the separation between both bedrooms while making the most of the enviable corner location of this 89 SQM unit.

Should the sprawling views from the unit not suffice, the complex provides a rooftop terrace with a pool, fireplace, dining area and pizza oven, perfect for entertaining family and friends while soaking in the panoramic views of Brisbane.

Kangaroo Point combines an incomparably central location with the thrill of an ever-evolving suburb. Local cafes and restaurants are at your fingertips, the Kangaroo Point boardwalk and Cliffs just a short walk away and a brief ferry ride will take you across the River to Brisbane's best destinations: Eagle Street Pier, Howard Smith Wharves, New Farm Park and beyond. Zip across the Story Bridge or down Main Street to access surrounding suburbs or travel beyond, accessing major motorways within moments. With the completion of the Kangaroo Point Green Bridge the city will be mere steps from your home and the construction of the Cross River Rail and redevelopment of the Woolloongabba Stadium nearby will only add to the ever-increasing value of Kangaroo Point.

Kangaroo Point has a phenomenal future ahead - what better time to put down roots in the heart of Brisbane than now?

PROPERTY DETAILS
2 Bedrooms
2 Bathrooms
1 Car space
89 SQM
Sprawling views of the Brisbane CBD and River
Engineered hardwood floors throughout kitchen and living areas
Plush carpet in both bedrooms
Designer kitchen with Miele oven, gas stove, range-hood and dishwasher
Floor-to-ceiling bi-fold doors for seamless indoor-outdoor flow
Ducted, zoned air-conditioning
Porcelain panel bench-tops and splash-backs
Bedrooms with timber-look built-in robes
Main bedroom with ensuite
Floor-to-ceiling tiled bathrooms
Separate laundry cupboard and storage
Large balcony with views

BUILDING DETAILS
Building management
Security access and lifts
Rooftop facilities including pool, pizza oven, dining area and fireplace

SUBURB DETAILS
Ample cafes, restaurants, bars and pubs just steps away
Kangaroo Point Cliffs, Riverwalk, Dockside precinct and Story Bridge Hotel within walking distance
Moments to Howard Smith Wharves, Eagle Street Pier and New Farm
3km to Brisbane CBD
1.6km to Woolloongabba Stadium
Excellent access to transport via ferries, City Cats, Buses, Clem Jones tunnel (M7), South-East Freeway and Story Bridge
Close proximity to parklands, bikeways, playgrounds and riverside picnic and barbecue spots
Within East Brisbane State School and Coorparoo Secondary College catchment Zone
Proximity to St Joseph's Primary School and Anglican Church Grammar School

Property History for 502/66 Lambert St, Kangaroo Point, QLD 4169

A timeline of how this property has performed in the market
Last Sold
$748,000
30 Mar 2023
  • 02 May 2023
    Listed for Sale Under Contract
  • 30 Mar 2023
    Sold for $748,000
  • 09 Mar 2023
    Listed for Sale Auction
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About 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 7,062 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.
There are currently 28 properties listed for sale, and 25 properties listed for rent in Kangaroo point on OnTheHouse. According to Cotality's data, 336 properties were sold in the past 12 months in Kangaroo point.

Suburb Insights for Kangaroo Point 4169

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Cotality Copyright and Legal Disclaimers about Property Data
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.