102/193 Main Street, Kangaroo Point QLD 4169

102/193 Main Street, Kangaroo Point QLD 4169
Ground-floor apartment | 139 sqm footprint | 2 bed 2 bath | resort-style complex This property is competitively positioned as a larger-than-standard apartment in a premium inner-city complex, with the 139 sqm reported area offering a footprint closer to a small house than a typical unit. The ground-level access is a practical advantage for buyers seeking easier entry and direct connection to the complex’s resort-style amenities, which are a known drawcard in Kangaroo Point’s established apartment precinct. This configuration best suits owner-occupiers who value space and convenience over high-rise views, or investors targeting tenants who prefer ground-floor living in a well-regarded building. The 2022 sale price of $656,000 may not fully reflect current market conditions, and the absence of confirmed aspect or private open-space details means the property’s true appeal could be either stronger or weaker than assumed. The historic land parcel status suggests the building sits on a long-established site, which might limit future redevelopment nearby but also indicates stable neighbourhood character. Buyers should weigh the larger floorplan against potential trade-offs in natural light or outlook, and consider how the ground-floor position might affect both privacy and resale appeal compared to upper-level units in the same complex.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 102/193 Main Street, Kangaroo Point QLD 4169
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Market Insight:

Kangaroo Point is transitioning into a mixed-use urban village, underpinned by strong infrastructure links and upcoming developments. Demand is high, evidenced by rapid sales (24 days for houses) and a critically low 1% rental vacancy, favouring unit buyers. Recent price growth is robust for units (up to 16.4%), though house data is conflicting. Future growth is supported by a positive infrastructure outlook, but a tightly held market and limited supply present key constraints.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

139mยฒ

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