712 Main Street, Kangaroo Point QLD 4169

Queenslander on rare 514m² parcel | Heart of Kangaroo Point | No overlays | Catchments for East Brisbane & Coorparoo schools This property presents a rare, large residential lot in a tightly held inner-city suburb, a combination that underpins its long-term scarcity value. The high-set Queenslander on a 514m² block, free of flood or heritage constraints, is positioned for multiple buyer profiles: from families secured by the school catchments to investors or owner-occupiers capitalising on its redevelopment potential. Its proximity to multiple major precincts ensures persistent demand. The primary decision rests on the cost of incomplete information. The absence of recent comparable sales and detailed internal condition requires a buyer to budget for due diligence and potential renovation. The significant appreciation since its last sale three decades ago is already priced in. Proceed with a strategy to modernise or redevelop to realise the underlying land value, making it a hold for capital growth rather than immediate yield.