728 Main StreetKangaroo Point QLD 4169
Property Details for 728 Main St, Kangaroo Point
Last Listing description (December 2021)
JPM Commercial is delighted to offer to the market the superb investment opportunity that is 728 Main Street, Kangaroo Point. Situated prominently on the corner of busy Main Street in inner city Kangaroo Point, this property comprises of a modern car wash business on a large 1148m2 block. The suburb of Kangaroo Point itself only 1.2kms from CBD is undergoing substantial regeneration with a large number of new quality developments planned and underway. The main features are as follows:
- 1148m2 land area on prime corner block
- Current net income- $97,405 per annum
- Huge exposure to busy arterial with over 25m frontage to Main Street
- Future development site (MU1 Mixed use zoning)
- Close proximity to CBD, Kangaroo Point Cliffs, M3, and major infrastructure projects such as the new
Woolloongabba Train station (Cross River Rail)
If you have any further queries or wish to arrange then please contact Justin Mollard on 0456 380 011.
Property History for 728 Main St, Kangaroo Point, QLD 4169
- 25 Aug 2021Sold for $3,600,000
- 04 Jun 2019Listed for Sale For sale via offers to purchase
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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