63/161 Main Street, Kangaroo Point QLD 4169

4-bed river-suburb apartment | 304sqm internal | strata land | flood overlay present | low-turnover owner-occupied complex This property’s competitive edge is its sheer size,304sqm internal in a 65-unit complex that is 85% owner-occupied, meaning low turnover and stable neighbours. A four-bedroom, three-bathroom floorplan of this scale is rare in inner Brisbane, giving a buyer immediate positional advantage over typical apartments. The building’s fibre-to-the-premises NBN and 5G coverage support remote work or family use, while the three-car garage adds practical depth. This unit best suits an owner-occupier seeking long-term space without moving to a house, or a downsizer who wants room for guests. The flood overlay is the primary risk, raising insurance costs and limiting some buyer pools, but the property’s 2008 sale history shows it has held value through cycles. With no recent sales in the building and estimates ranging from $1.15m to $2.66m, the buyer must anchor on comparable square-metre rates rather than median guesses. The withdrawn rental status since 2016 suggests prior tenancy issues or owner preference,verify before committing. Hold this property as a primary residence for at least five years to capture suburb uplift and avoid resale competition from newer builds.