Expansive Courtyard Apartment in Prime Riverfront Location

21/161 Main Street, Kangaroo Point QLD 4169 AUS

Property Details

Sold $515,000


Perfectly situated at the prime position of the Kangaroo Point Peninsular, this two bedroom apartment within the River Reach complex is in the most sought after location within the precinct.

The modern apartment presents an exciting opportunity for professionals and investors. The residence constantly provides high rental returns in a popular building with low vacancy rates. It is currently rented for $525pw, comes fully furnished and boasts a 5.46% gross rental yield.

Featuring the most impressive courtyard, oversized and complimented with recently added renovations. Bringing the outdoors in, its overall expansive 187m2 layout is complemented with a spacious 97m2 courtyard simply made for entertaining.

Demonstrating a versatile yet comfortable layout, the stylish combined kitchen, living and dining spaces are air conditioned, while large glass sliders with an east facing aspect ensure refreshing breezes flow year round.

Within moments the ferry can drop you off at Eagle Street Pier to enjoy the best of the Brisbane restaurant and bar precinct or shopping scene within the CBD. Further more, simply walk down to eat drink or dine at the vibrant Howard Smith Wharves precinct, consisting of Mr Percival’s Bar, Felon’s Brewing Co, ARC Dining and Wine Bar, Yoko Japanese dining, GRECA Greek Taverna, picnic areas and abundant green spaces – it is the perfect place to enjoy your weekend.

Located in such a prime position, surrounded by ease of access to public transport, parks, proximity to the CBD and ultimate lifestyle precincts, it ensures the property will always be in demand.

The strong and consistent capital growth in Kangaroo Point over the last 10 years has cemented this.

Surrounded by riverwalks, the Story Bridge Hotel, cafes, the newly built FitazFK gym, Sealegs brewery and the proposed footbridge, the Kangaroo Point Peninsular is growing from strength to strength and the this is the perfect time to capitalise on it.

Built in 2006 and focused on a strong design of concrete and marble, the complex River Reach complex boasts direct lift access, secure underground parking, a modern gym, spa, resort style pool and onsite management.

This rare apartment is pet friendly, is perfect for those who love the cosmopolitan lifestyle, work in the city and love to entertain. Do not miss this exciting opportunity – call to arrange an inspection today.

Property Features
  • Apartment
  • 2 bed
  • 2 bath
  • 1 Parking Spaces
  • Floor Area is 187 m²
  • Carport
  • Secure Parking
  • Dishwasher
  • Built In Robes
  • Gym
  • Intercom
  • Balcony
  • Deck
  • Courtyard
  • Outdoor Entertaining
  • Shed
  • Ducted Heating
  • Ducted Cooling
  • Reverse Cycle Aircon

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