602 Main St, Kangaroo Point is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1930. The property has a land size of 377m2 and floor size of 152m2. While the property is not currently for sale or for rent, it was last sold in February 2018.
This is a rare opportunity to secure a prime piece of real estate in one of Brisbane's most in demand locations.
Prominently positioned on the corner of Thomas Street and Main Street, this property boasts dual street frontage and Mixed Use (Inner City) zoning - making it ideal for residential use, renovation, commercial purposes, or future redevelopment (STCA).
Property Features:
2 bedrooms with kitchenettes - ideal for dual living or rental income
Traditional charm with VJ walls and high ceilings
Plenty of under house space to expand or develop further
Solar System
Flaking paint included (free of charge!), but the bones are solid and the potential is huge
Zoned MU1 Mixed Use (Inner City): renovate, redevelop, live in, rent out, or operate a business (STCA)
This corner site offers outstanding street exposure to both Thomas and Main Streets - perfect for a home business or future commercial use. Plus, with no heritage or character overlays, you have the flexibility to demolish and start fresh (STCA).
Location Highlights:
Only 1km to Brisbane CBD
Just a short stroll to Kangaroo Point Cliffs Park and River Terrace - with breathtaking city and river views from nearby lookouts.
Easy access to cafes, ferry terminals, and riverside bike paths, with the new Kangaroo Point Bridge providing a direct walk to the CBD and QUT. South Bank is also just a short stroll away, offering vibrant dining, entertainment, and cultural experiences.
The Opportunity:
A unique property like this with dual street access, flexible zoning, and a prime inner city location - is a rare find. Sure, it needs some love, but the potential here is undeniable.
Contact Hugh today to arrange an inspection or for more information.
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:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.