624 Main StreetKangaroo Point QLD 4169
Property Details for 624 Main St, Kangaroo Point
624 Main St, Kangaroo Point is a 0 bedroom, 0 bathroom House. The property has a land size of 1672m2 and floor size of 1672m2.
Last Listing description (December 2025)
Amalgamated 4 Allotments:
Lot 1: 8.2m Frontage x 54.7m Depth [618 Main Street, Kangaroo Point]
Lot 2: 8.2m Frontage x 47.7m Depth [620 Main Street, Kangaroo Point]
Lot 4: 7.2m Frontage x 47.7m Depth [Corner Block 56 Bell Street, Kangaroo Point & 624 Main Street, Kangaroo Point]
Total Allocation: 1,672sqm 32.2m Frontage x 55.3m Legth x 48.3m Depth [618 - 624 Main Street, Kangaroo Point]
A rare opportunity to acquire a blue-chip development site in Brisbane's prestigious Kangaroo Point. Positioned in a high-growth inner-city enclave, this expansive 1,672sqm parcel presents unmatched potential for investors, developers, land-bankers, or business owners.
Currently operating as a privately run 20-room B&B/Budget Motel (20 bed, 20 bath, 20 car), the site is DA-approved for a 68-apartment residential development (52 x 2-bed, 16 x 3-bed), 4 ground-floor retail tenancies (ranging 7582sqm), and 88 car spaces. The flexible layout also allows for refurbishment, Airbnb conversion, or alternate business use.
The property is zoned MU1 - Mixed Use (Inner City), and ideal for a striking 8-storey mixed-use development (STCA) with seven levels of residences atop ground-floor commercial. This blank canvas invites modern upgrades, facade refreshes or complete redevelopment.
Location Highlights:
- 500m to cafes, restaurants & bars
- 650m to proposed Cross River Rail hub
- 800m to St Vincent's Hospital
- 900m to "The Gabba" precinct
- 1km to Kangaroo Point Cliffs & Mowbray Park Ferry Terminal
- 1.3km to Mater Hospital
- 3km to Brisbane CBD
With the 2032 Olympics approaching and continued infrastructure growth, this is a high-profile opportunity in a thriving locale. Whether you build to sell, lease, or operate, the flexibility and location make this a standout acquisition.
Property Type: Commercial: Office Building
Development Zone: Mu1 Mixed Use (Inner City)
Positioned in a highly sought-after location, 56 Bell Street, Kangaroo Point or 618-624 Main Street, Kangaroo Point offers endless possibilities and will not last long. Our instructions are clear - this property must be SOLD! To ensure that you do not miss out on this opportunity, register your interest today.
Disclaimer: We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.
Property History for 624 Main St, Kangaroo Point, QLD 4169
- 18 Jul 2025Listed for Sale SUBMIT OFFERS OVER $12,000,000!
- 01 Feb 2020Listed for Sale Expressions of Interest
- 09 Sep 2016Listed for Sale Expressions of Interest
Recent sales nearby
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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.
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